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 Arizona before hiring.
Showing 9 reverse mortgage specialists in Casa Grande, AZ
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Guild Mortgage Company
442 W Kortsen Rd #104, Casa Grande, AZ 85122
4802219826
Guild Mortgage - Dawn Svoboda
442 W Kortsen Rd #104, Casa Grande, AZ 85122
5203161341
Amanda Williams Mortgage Company, LLC
317 E Cottonwood Ln Suite B1, Casa Grande, AZ 85122
5202526632
Rudy Benitez at AnnieMac Home Mortgage
211 N Florence St Suite 102 and 103, Casa Grande, AZ 85122
5204943139
Brooke Reidhead
442 W Kortsen Rd #104, Casa Grande, AZ 85122
9282432810
US Bank Mortgage
2820 N Pinal Ave, Casa Grande, AZ 85122
8773736192
NOVA Home Loans
711 E Cottonwood Ln F, Casa Grande, AZ 85122
5204909608
Chase Mortgage
1201 E Florence Blvd, Casa Grande, AZ 85122
5208363360
Hard Money Lenders Casa Grande AZ
408 N Sacaton St, Casa Grande, AZ 85122
5202142029
What Does a Reverse Mortgage Specialist in Casa Grande Cost?
Typical costs for a reverse mortgage in Arizona include an origination fee (up to 2% of the home value, capped at $6,000), a mortgage insurance premium (2% of the appraised value upfront), and third-party fees for appraisal, title search, and recording. Total closing costs often range from $8,000 to $15,000, but can be financed into the loan. Costs vary by lender, property 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 Casa Grande Arizona?
You must be at least 62 years old to qualify for a reverse mortgage in Arizona. All borrowers listed on the title must meet this age requirement. The home must be your primary residence.
Does Arizona require special counseling for reverse mortgages?
Yes, Arizona law requires all reverse mortgage applicants to complete a counseling session with a HUD-approved counselor before submitting a loan application. The counselor explains loan terms, costs, and alternatives. The session can be done in person or by phone.
Are reverse mortgage proceeds taxable in Arizona?
Reverse mortgage proceeds are not considered income by the IRS or the state of Arizona. They are loan advances, so you do not pay state or federal income tax on the money you receive. However, interest is not deductible until you pay it.