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 Georgia before hiring.
Showing 9 reverse mortgage specialists in Covington, GA
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Trinity Mortgage & Financial Group, LLC
1111 Reynolds St SW, Covington, GA 30014
7707889921
1st Franklin Financial
6163 US-278, Covington, GA 30014
7707873325
Element Home Loans a division of NFM Inc.
1108 Clark St SW, Covington, GA 30014
8553536368
OneMain Financial
11170 GA-142, Covington, GA 30014
7707863473
Integrity Lending Services, Inc
7211 Hwy 278 NE, Covington, GA 30014
7705242189
Lendmark Financial Services LLC
3127 U.S.278 NW, Covington, GA 30014
7707887800
AMG Finance
9140 US-278, Covington, GA 30014
7707874211
Corporate - Lendmark Financial Services LLC
2118 Usher St NW, Covington, GA 30014
8664138340
Fairway Independent Mortgage
1112 Elm St SE, Covington, GA 30014
7703786350
What Does a Reverse Mortgage Specialist in Covington Cost?
Typical costs for a reverse mortgage specialist in Georgia include an origination fee of up to 2 percent of the home value, an appraisal fee of 400 to 800 dollars, and a mortgage insurance premium of 2 percent of the home value. Closing costs generally range from 2,000 to 5,000 dollars. These costs can be financed into the loan. This information is general and does not constitute 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 Covington Georgia?
Borrowers must be at least 62 years old. If married, the younger spouse must also be 62 to be a co-borrower. Georgia law does not change this federal requirement.
Do I need to own my home outright to qualify for a reverse mortgage in Covington?
No, you do not need to own your home free and clear. You must have significant equity, and any existing mortgage must be paid off with the loan proceeds. Georgia law requires full disclosure of all loan terms.