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 Arkansas before hiring.
Showing 9 reverse mortgage specialists in Cabot, AR
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Sente Mortgage - The Lyles Team
2120 W Main St, Cabot, AR 72023
5015234092
Flat Branch Home Loans
2241 Bill Foster Memorial Hwy W Ste A, Cabot, AR 72023
5014240604
FirstTrust Home Loans, Inc.
183 Arena Rd STE C, Cabot, AR 72023
8772765550
Boone Mortgage & Lending
362 E Main St, Cabot, AR 72023
5017432519
Tompkins Team - Fairway Independent Mortgage Corp.
111 W Pine St, Cabot, AR 72023
5013587276
Brad Brittain - Mortgage Broker
2193 E Main St, Cabot, AR 72023
8582480569
Stockton Mortgage
3065 AR-367 Suite 5, Cabot, AR 72023
5019411647
The Carroll Mortgage Group, Inc.
32 S Pine St, Cabot, AR 72023
5017589797
Movement Mortgage - Tompkins Team
111 W Pine St, Cabot, AR 72023
5016815396
What Does a Reverse Mortgage Specialist in Cabot Cost?
Reverse mortgage costs in Arkansas typically 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 closing costs ranging from 2,000 to 5,000 dollars. Annual mortgage insurance premiums are 0.5 percent of the loan balance. Costs vary by lender 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 Cabot Arkansas?
Borrowers must be at least 62 years old to qualify for a reverse mortgage. Arkansas does not have additional age restrictions beyond the federal HECM requirement.
Do I need counseling to get a reverse mortgage in Arkansas?
Yes, Arkansas law requires all reverse mortgage applicants to complete a counseling session with a HUD-approved counselor. This session must occur before the loan application is submitted.