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Find Reverse Mortgage Specialists in Roselle, IL

Browse reverse mortgage specialists serving Roselle, Illinois. Contact information and addresses listed below.

6 agents listed
Updated May 2026
Roselle, 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 6 reverse mortgage specialists in Roselle, 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.
Financial Advantage MortgageInc.
1 Presidential Dr #19, Roselle, IL 60172
6306695853
Red Door Home Loan Corp.
975 E Nerge Rd N10, Roselle, IL 60172
6304398000
D & G Mortgage Group Inc
400 W Lake St # 300, Roselle, IL 60172
6309809224
Barbara Ligonde - SecurityNational Mortgage Company Loan Officer
1350 Lake St Ste 006 & 007, Roselle, IL 60172
7542066053
Mortgage Market Corp-NMLS 206107 Michael Emond-NMLS206129
20 N Roselle Rd, Roselle, IL 60172
6305298686
Mortgage Network, Inc.
975 E Nerge Rd, Roselle, IL 60172
6308949059

Reverse mortgage specialists in Roselle, Illinois help homeowners aged 62 and older access home equity without monthly payments. Illinois law requires borrowers to complete HUD-approved counseling before obtaining a Home Equity Conversion Mortgage. Specialists guide clients through the process, including understanding loan limits and repayment terms specific to Illinois.

What Does a Reverse Mortgage Specialist in Roselle Cost?

Typical costs for a reverse mortgage in Illinois include an origination fee 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 and title work. These costs total roughly 3,000 to 8,000 dollars depending on home value and loan type. 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 qualifications does a reverse mortgage specialist in Roselle need?
Specialists must be licensed mortgage loan originators in Illinois and complete annual continuing education. They should also have knowledge of HECM programs and Illinois property tax deferral options.
Are there Illinois-specific rules for reverse mortgages?
Yes, Illinois requires a mandatory counseling session with a HUD-approved agency before loan approval. Borrowers also have a three-day right of rescission after closing. Property taxes and insurance must remain current.
How does a reverse mortgage affect my Roselle property taxes?
Reverse mortgages do not change property tax obligations. You must continue paying property taxes to avoid default. Illinois offers a Senior Citizens Real Estate Tax Deferral Program that may help eligible homeowners.