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Reverse Mortgage Specialists in Elmhurst, IL

Directory of reverse mortgage specialists in Elmhurst, Illinois. Verify credentials with the state mortgage licensing authority before hiring.

16 agents listed
Updated May 2026
Elmhurst, 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 16 reverse mortgage specialists in Elmhurst, 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.
Stonehaven Mortgage
194 N York St, Elmhurst, IL 60126
3123007900
Fairway Independent Mortgage Corporation
261 N York St Ste. 201 & 204, Elmhurst, IL 60126
6303278553
Nick Ferrante Mortgage Group
261 N York St, Elmhurst, IL 60126
6304652656
John Noldan at Rate (NMLS #193680)
115 W Adelaide St, Elmhurst, IL 60126
6302906251
Manny Rodriguez at StoneHaven Mortgage NMLS: 2257359
194 N York St, Elmhurst, IL 60126
7085779690
Vito Roppo
261 N York St, Elmhurst, IL 60126
6303278553
Evelyn Pysz | Fairway Home Mortgage Loan Officer
653 N York St, Elmhurst, IL 60126
7737443740
Nick Sisto | Fairway Independent Mortgage Corp
216 N York St suite 201, Elmhurst, IL 60126
6303276930
Fairway Independent Mortgage Corporation
653 N York St, Elmhurst, IL 60126
7737666569
Andrew Phalen at Stonehaven Mortgage
194 N York St Suite #100, Elmhurst, IL 60126
6309266368
Mario Cantella - Bringing You Home with Confidence
261 N York St Suite 201, Elmhurst, IL 60126
7735030999
Joey Giammarino Mortgage Advisor
261 N York St Suite 201, Elmhurst, IL 60126
6306889980
Dave Miceli at Rate (NMLS #2347728)
115 W Adelaide St, Elmhurst, IL 60126
6303647529
Cheryl Biernacki | Fairway Independent Mortgage Corporation Loan Officer
261 N York St Suite 201, Elmhurst, IL 60126
7083598255
USA Mortgage Corporation
101 N Addison Ave Ste 202, Elmhurst, IL 60126
6303331800
Rate
115 W Adelaide St, Elmhurst, IL 60126
6302906251

Reverse mortgage specialists in Elmhurst, Illinois help homeowners aged 62 and older access home equity through federally insured loans. Illinois law requires borrowers to complete a counseling session with a HUD-approved agency before applying. These specialists guide clients through the process, including the mandatory 30-day right of rescission period under Illinois law.

What Does a Reverse Mortgage Specialist in Elmhurst Cost?

Typical costs for a reverse mortgage 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 such as appraisal and title search ranging from 500 to 1,500 dollars. Closing costs usually total between 3,000 and 8,000 dollars. These costs are often financed into the loan. This is general information, 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 Elmhurst Illinois?
Borrowers must be at least 62 years old. If married, the younger spouse must also be 62 to be listed on the loan. Illinois law does not change this federal requirement.
Is counseling required for a reverse mortgage in Illinois?
Yes, Illinois requires all reverse mortgage applicants to complete a counseling session with a HUD-approved counselor. The session must occur before the loan application is submitted. The counselor explains loan terms, costs, and alternatives.