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 Colorado before hiring.
Showing 3 reverse mortgage specialists in Eagle, CO
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 - Steven Zoller
1160 Capitol St #202, Eagle, CO 81631
9704712204
Kate Bates
1160 Capitol St #202, Eagle, CO 81631
4074973428
Friel-Good Mortgage of the Vail Valley - Home of Bob the Broker
1099 Capitol St, Eagle, CO 81631
7207302289
What Does a Reverse Mortgage Specialist in Eagle Cost?
Typical costs for a reverse mortgage specialist in Colorado include an origination fee 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 work. For a home valued at 500,000 dollars, total costs may range from 10,000 to 15,000 dollars. Costs vary by situation and lender. 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 Eagle Colorado?
You must be at least 62 years old to qualify for a reverse mortgage in Colorado. All borrowers listed on the title must meet this age requirement.
Do I need counseling before getting a reverse mortgage in Colorado?
Yes, Colorado law requires you to complete a counseling session with a HUD-approved counselor. This session covers loan terms, costs, and alternatives to a reverse mortgage.
Can a reverse mortgage affect my heirs in Eagle Colorado?
Heirs can keep the home by paying off the loan balance or selling the property. If the loan balance exceeds the home value, heirs are not personally liable for the difference under Colorado law.