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 3 reverse mortgage specialists in Monroe, 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.
JP Poreba - Fairway Home Mortgage
301 S Broad St, Monroe, GA 30655
7722148998
Element Home Loans: The DeAnn Ellis Team
120 2nd St Suite 101, Monroe, GA 30655
8553536368
Southeast Mortgage
155 Bankers Blvd Suite F100, Monroe, GA 30655
7702790222
What Does a Reverse Mortgage Specialist in Monroe Cost?
Typical costs for a reverse mortgage specialist in Georgia 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. Total closing costs often range from 2,000 to 6,000 dollars. 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 are the age requirements for a reverse mortgage in Monroe Georgia?
Borrowers must be at least 62 years old. For a HECM loan, all titleholders must meet this age requirement. Georgia law does not have additional age restrictions beyond federal HUD rules.
Do I need counseling before getting a reverse mortgage in Georgia?
Yes. Federal law requires all borrowers to complete a counseling session with a HUD approved counselor. Georgia does not have a separate state counseling requirement, but the session must be completed before you can apply for the loan.