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 5 reverse mortgage specialists in Lakeside, 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 - Kelley Sanders
316 W White Mountain Blvd suite c, Lakeside, AZ 85929
9285320342
Guild Mortgage Company
316 W White Mountain Blvd suite c, Lakeside, AZ 85929
9283685363
Benchmark Mortgage - Dustin Grant
4700 W White Mountain Blvd suite b, Lakeside, AZ 85929
9285375626
Embrace Home Loans - Lakeside, AZ
4949 Pioneer Ln, Lakeside, AZ 85929
8556129398
Guild Mortgage - Tracy Marasco
316 W White Mountain Blvd suite c, Lakeside, AZ 85929
9283685126
What Does a Reverse Mortgage Specialist in Lakeside Cost?
Typical costs for a reverse mortgage in Arizona include an origination fee up to 2 percent of the home value capped at 6000 dollars, a mortgage insurance premium of 2 percent of the appraised value, and third-party fees such as appraisal and title search. Total closing costs often range from 5000 to 12000 dollars depending on the home value and lender. This is general information and 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 Lakeside Arizona?
Borrowers must be at least 62 years old. If married, a non-borrowing spouse under 62 may have protections under recent HUD rules but should discuss this with a specialist.
How does Arizona law affect reverse mortgage proceeds?
Arizona does not tax reverse mortgage proceeds as income. The funds are considered loan advances and are not subject to state income tax. However, property taxes and insurance must still be paid.