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Reverse Mortgage Specialists in Albertville, AL

Browse reverse mortgage specialists serving Albertville, Alabama. Contact information and addresses listed below.

9 agents listed
Updated May 2026
Albertville, AL
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 Alabama before hiring.
Showing 9 reverse mortgage specialists in Albertville, AL Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Liberty Finance
7419 US-431 Suite B, Albertville, AL 35950
2568945870
Tower Loan
4669 US-431, Albertville, AL 35950
2562796680
Security Finance
4677 US-431, Albertville, AL 35950
2568947360
First Lenders Mortgage Corporation
8357 US-431, Albertville, AL 35950
2568910681
Regional Finance
8144 US-431, Albertville, AL 35950
2568782695
Mortgage Group
8180 B US-431, Albertville, AL 35950
2565586199
Hamilton Mortgage
8357 US-431, Albertville, AL 35950
2565292845
Alabama Farm Credit- Albertville
808 AL-75, Albertville, AL 35951
2568782631
MortgageRight
133 W Main St, Albertville, AL 35950
2562645573

Reverse mortgage specialists in Albertville Alabama help seniors access home equity without monthly payments. Alabama law requires borrowers to complete HUD-approved counseling before obtaining a Home Equity Conversion Mortgage. Local specialists can guide you through the process and explain how Alabama property tax deferral programs may interact with your reverse mortgage.

What Does a Reverse Mortgage Specialist in Albertville Cost?

Typical costs for a reverse mortgage in Alabama 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 such as appraisal and title search. These costs can range from 3000 to 8000 dollars depending on the home value and loan type. 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 are the age requirements for a reverse mortgage in Albertville Alabama?
Borrowers must be at least 62 years old. If married and one spouse is under 62, that spouse may still be protected under certain HUD rules. The home must be your primary residence in Albertville.
Do I need to own my home free and clear to get a reverse mortgage in Albertville?
No, you can have an existing mortgage. The reverse mortgage will pay off your current loan first. You must have sufficient equity in your home to qualify.
What counseling is required for a reverse mortgage in Alabama?
Alabama law requires you to complete a counseling session with a HUD-approved counselor. This session covers costs, alternatives, and your obligations. The counselor must be independent from the lender.