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Compare Reverse Mortgage Specialists in Milford, DE
Looking for a reverse mortgage specialist in Milford? Review the directory below to compare your options.
6 agents listed
Updated May 2026
Milford, DE
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 Delaware before hiring.
Showing 6 reverse mortgage specialists in Milford, DE
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Mariner Finance
28263 Lexus Dr #4, Milford, DE 19963
3024226166
OneMain Financial
660 N Dupont Blvd, Milford, DE 19963
3024229657
Atlantic Finance
927 N Dupont Blvd, Milford, DE 19963
3024223484
Atlantic Loan Services, LLC
20140 Cedar Beach Rd, Milford, DE 19963
3023443248
Tripp Wealth Solutions
Milford Wellness Village, 21 W Clarke Ave Suite #1060, Milford, DE 19963
4102741796
PNC Mortgage
655 N Dupont Blvd, Milford, DE 19963
3024221015
A reverse mortgage specialist in Milford, Delaware helps homeowners aged 62 and older convert part of their home equity into tax-free funds. Delaware law requires that borrowers receive mandatory counseling from a HUD-approved agency before a loan can close. Specialists in Milford guide clients through this process and explain how the loan affects estate planning and property taxes in Sussex and Kent Counties.
What Does a Reverse Mortgage Specialist in Milford Cost?
Typical costs for a reverse mortgage in Delaware 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 such as appraisal and title search. For a home valued at 300,000 dollars, total closing costs often range from 8,000 to 15,000 dollars. These costs are usually 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 are the age requirements for a reverse mortgage in Milford Delaware?
Borrowers must be at least 62 years old. If there are multiple owners, all must meet this age requirement. The home must be the primary residence.
Do I need counseling before getting a reverse mortgage in Delaware?
Yes, Delaware law requires that all borrowers receive counseling from a HUD-approved agency. This session must occur before you can submit a loan application. The specialist can provide a list of approved counselors.
Can I lose my home with a reverse mortgage in Milford?
You can lose your home if you fail to pay property taxes, homeowners insurance, or maintain the property. Delaware law does not allow the lender to take the home as long as you meet these obligations. The loan becomes due when you move out permanently or pass away.
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BeforeMortgageUSA.com is not a mortgage referral service, or financial advice provider. No broker-client relationship is formed by submitting a form or using this site. We do not endorse, recommend, or vouch for the qualifications of any broker. Past results do not guarantee future outcomes. Each case is different. Verify broker credentials with your state mortgage licensing authority before hiring.
About Our Listings
Brokers listed on BeforeMortgageUSA.com are compiled from publicly available directories, state mortgage licensing authority records, and business listings. Inclusion does not constitute endorsement. We do not verify broker licensing, disciplinary status, or qualifications. Verify each broker's current standing with the Delaware.