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 6 reverse mortgage specialists in Snellville, 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.
Alvorada Mortgage
2326 Wisteria Dr SW Suite 210, Snellville, GA 30078
7707426000
Nick Morrone- Lower.com
2245 Wisteria Dr SW Suite 254, Snellville, GA 30078
6783671059
Express Loan Process, Inc.
1350 Scenic Hwy N #266-A, Snellville, GA 30078
6783603452
Jade Taylor - Mortgage Broker
2326 Wisteria Dr SW Suite 210, Snellville, GA 30078
6787535233
Mortgage Express Solutions LLC
2330 Scenic Hwy S Suite 216, Snellville, GA 30078
7703341299
Prime Legacy Mortgage Group, LLC
2330 Scenic Hwy S #222, Snellville, GA 30078
6784391166
What Does a Reverse Mortgage Specialist in Snellville Cost?
Typical costs for a reverse mortgage 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. These fees often total between 5000 and 15000 depending on the loan amount and property value. 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 Snnellville Georgia?
Borrowers must be at least 62 years old. If you are married a non-borrowing spouse under 62 may have certain protections under HUD rules but should discuss this with a specialist.
Do I need counseling before getting a reverse mortgage in Georgia?
Yes Georgia law follows federal HUD rules that require all borrowers to complete a counseling session with a HUD-approved counselor. The session explains loan costs alternatives and your responsibilities.
What happens to the loan if I move out of my Snellville home?
If you move out permanently sell the home or pass away the loan becomes due. You or your heirs typically have 12 months to repay the loan or sell the property. Georgia law does not extend this federal timeline.