ADVERTISING DISCLOSURE: BeforeMortgageUSA.com is an informational directory, not an mortgage company or broker. We do not sell insurance or provide mortgage or financial advice. No broker-client relationship is created by using this site. No broker listed on this site has paid for, authorized, or approved their listing. This is an advertisement.
Browse reverse mortgage specialists serving Columbia, Illinois. Contact information and addresses listed below.
2 agents listed
Updated May 2026
Columbia, IL
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 Illinois before hiring.
Showing 2 reverse mortgage specialists in Columbia, IL
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Eversmeyer Mortgage Team | Fairway Independent Mortgage Corp.
603 N Main St, Columbia, IL 62236
6182218626
Aaron Eversmeyer | Eversmeyer Mortgage Team Branch Manager bit.ly/FIMCDisclosures
603 N Main St, Columbia, IL 62236
6189786498
A reverse mortgage specialist in Columbia, Illinois helps homeowners aged 62 and older convert part of their home equity into tax-free funds. Illinois law requires borrowers to complete HUD-approved counseling before applying for a Home Equity Conversion Mortgage (HECM). Specialists in the Columbia area can guide you through this process and explain local property tax implications.
What Does a Reverse Mortgage Specialist in Columbia Cost?
Typical costs for a reverse mortgage specialist in Illinois 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 for appraisal title and recording. Total closing costs usually range from 2,000 to 6,000 dollars depending on the home value and loan type. 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 Columbia Illinois?
A reverse mortgage specialist is a licensed professional who helps seniors understand and apply for reverse mortgages. In Columbia Illinois they work with HECM loans insured by the Federal Housing Administration. They assist with counseling requirements and explain how the loan affects your home equity and estate.
Do I need to live in Columbia to use a local specialist?
No you do not need to live in Columbia to use a specialist there. Many specialists serve clients across Illinois. However working with a local specialist can help you understand Monroe County property tax rules and local housing market conditions.
What are the Illinois requirements for a reverse mortgage?
Illinois law requires all reverse mortgage borrowers to attend a HUD-approved counseling session. You must be at least 62 years old and own your home outright or have a low mortgage balance. The home must be your primary residence and meet FHA property standards.
Free • No Obligation
Compare Reverse Mortgage Specialists
Get matched with agents in Columbia who handle your type of case.
Affiliate Form Embed
Replace with iframe/embed code from your affiliate network
Affiliate Disclosure
The form above is provided by a third-party legal marketing service. BeforeMortgageUSA.com receives compensation when you submit a qualified inquiry. This is a free service with no obligation to hire any broker. Your information is collected and handled by the form provider according to their privacy policy.
Legal Notice
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 Illinois.