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 7 reverse mortgage specialists in Westminster, 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.
Matt DeLuzio
1120 W 122nd Ave Suite 103, Westminster, CO 80234
7209394849
Mountain State Financial Group
9035 Wadsworth Pkwy #3400, Westminster, CO 80021
7206050496
5280 Loans
1120 W 122nd Ave #106, Westminster, CO 80234
8335280562
Match Home Loans
4422 W 68th Ave, Westminster, CO 80030
3032496162
Stonehenge Financial Inc.
1499 W 120th Ave #110, Westminster, CO 80234
3034560366
Excel Financial Mortgage Brokers - Westminster, Colorado
1333 W 120th Ave #308, Westminster, CO 80234
7203702733
Advanced Mortgage Solutions, LLC.
11854 Bradburn Blvd, Westminster, CO 80031
3032160800
What Does a Reverse Mortgage Specialist in Westminster Cost?
Typical costs for a reverse mortgage in Colorado 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, title search, and recording. For a $400,000 home, total closing costs often range from $8,000 to $14,000. Costs vary by loan amount 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 Westminster Colorado?
Borrowers must be at least 62 years old. If there are two borrowers on the title, both must meet this age requirement. Colorado follows federal HUD guidelines for HECM loans.
Do I need counseling before getting a reverse mortgage in Colorado?
Yes, Colorado law requires all borrowers to complete a counseling session with a HUD-approved counselor. This session covers loan terms, costs, and alternatives. The counselor must be independent from the lender.
Can I lose my home with a reverse mortgage in Westminster?
You must continue to pay property taxes, homeowners insurance, and maintain the home. Failure to meet these obligations can lead to foreclosure. Colorado has a 90-day right to cure period after a default notice.