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Reverse Mortgage Specialists in Waterbury, CT

Browse reverse mortgage specialists serving Waterbury, Connecticut. Contact information and addresses listed below.

2 agents listed
Updated May 2026
Waterbury, CT
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 Connecticut before hiring.
Showing 2 reverse mortgage specialists in Waterbury, CT Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Mortgage Services Inc
193 Grand St #2, Waterbury, CT 06702
8009223210
Mortgage Refinance Waterbury CT - Home Refinance Connecticut - Refi Home Loan Lenders
84 Progress Ln, Waterbury, CT 06705
2034573218

Reverse mortgage specialists in Waterbury Connecticut help older homeowners access home equity without monthly payments. Connecticut law requires borrowers to complete HUD-approved counseling before applying for a Home Equity Conversion Mortgage. A specialist can explain how a reverse mortgage works with local property tax and insurance requirements.

What Does a Reverse Mortgage Specialist in Waterbury Cost?

Typical costs for a reverse mortgage in Connecticut 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. Total closing costs often range from 5,000 to 12,000 dollars depending on the home value and loan type. These costs can be financed into the loan. 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 is a reverse mortgage specialist in Waterbury Connecticut?
A reverse mortgage specialist is a licensed professional who guides homeowners aged 62 and older through the HECM process. They help you understand loan terms, closing costs, and Connecticut-specific rules like the mandatory counseling requirement.
Do I need counseling before getting a reverse mortgage in Connecticut?
Yes. Connecticut law requires all borrowers to complete a counseling session with a HUD-approved agency before applying. This session covers loan costs, alternatives, and your rights as a borrower.