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Reverse Mortgage Specialists in South Milwaukee, WI

Directory of reverse mortgage specialists in South Milwaukee, Wisconsin. Verify credentials with the state mortgage licensing authority before hiring.

2 agents listed
Updated May 2026
South Milwaukee, WI
Important: Listings are compiled from publicly available sources and have not been independently verified by BeforeMortgageUSA.com. We do not endorse any broker or guarantee outcomes. Verify licensing and disciplinary status with the Wisconsin before hiring.
Showing 2 reverse mortgage specialists in South Milwaukee, WI Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Zach Starnes - Mortgage Lender, NMLS #2099873
1125 Milwaukee Ave Suite 104, South Milwaukee, WI 53172
4147104999
Revolution Mortgage - Your Lender Logan
1125 Milwaukee Ave Suite 104, South Milwaukee, WI 53172
4146399143

What Does a Reverse Mortgage Specialist in South Milwaukee Cost?

Typical costs for a reverse mortgage specialist in Wisconsin include an origination fee of up to 2 percent of the home value, a mortgage insurance premium of 2 percent of the appraised value, and third-party fees for appraisal, title search, and recording. Total closing costs often range from 2,000 to 6,000 dollars, but can be higher for more expensive homes. Borrowers also pay an annual mortgage insurance premium of 0.5 percent of the loan balance. This is general information, not mortgage or financial advice.

* Cost estimates are general ranges based on publicly available data and compiled using automated research tools. Actual fees vary by agent and case complexity. This is not mortgage or financial advice — consult directly with an agent for fee specifics.

Frequently Asked Questions

What is a reverse mortgage and how does it work in South Milwaukee?
A reverse mortgage allows homeowners 62 or older to convert part of their home equity into cash. In Wisconsin, the loan is repaid when the homeowner sells the home, moves out permanently, or passes away. The borrower must continue to pay property taxes and homeowners insurance.
Are there Wisconsin-specific rules for reverse mortgages?
Yes, Wisconsin requires all reverse mortgage borrowers to attend a counseling session with a HUD-approved agency. The state also mandates that the loan document include a clear disclosure of total annual loan costs. Wisconsin law protects surviving spouses who are not on the loan in certain cases.