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Reverse Mortgage Specialists in Palmer, AK

Looking for a reverse mortgage specialist in Palmer? Review the directory below to compare your options.

2 agents listed
Updated May 2026
Palmer, AK
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 Alaska before hiring.
Showing 2 reverse mortgage specialists in Palmer, AK Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Stephanie Staniforth
2403 S Sunrise Vw Cir, Palmer, AK 99645
9075315003
Edward Jones - Financial Advisor: Tammy I Bruce, CEPA®
642 S Alaska St Suite 108, Palmer, AK 99645
9077461175

Reverse mortgage specialists in Palmer Alaska help homeowners aged 62 and older convert home equity into cash without monthly payments. Alaska law requires that borrowers receive counseling from a HUD approved agency before applying. Palmer residents often use these loans to supplement retirement income or cover home repairs in the Matanuska Susitna Valley.

What Does a Reverse Mortgage Specialist in Palmer Cost?

Typical costs for a reverse mortgage in Alaska 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 and title search. Total closing costs often range from 5,000 to 10,000 dollars. These costs can be financed into the loan. 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 Palmer Alaska?
Borrowers must be at least 62 years old. If married, both spouses must meet the age requirement to be on the loan. Alaska does not have special age exceptions beyond federal rules.
Do I need counseling to get a reverse mortgage in Alaska?
Yes. Alaska law requires you to complete a counseling session with a HUD approved counselor. The session covers loan terms, costs, and alternatives. You must receive a certificate before the lender can process your application.