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Reverse Mortgage Specialists in Yorkville, IL

Compare reverse mortgage specialists in Yorkville. Review contact information and insurance categorys before you decide.

4 agents listed
Updated May 2026
Yorkville, 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 4 reverse mortgage specialists in Yorkville, 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.
The Mortgage Source LLC
201 E Veterans Pkwy, Yorkville, IL 60560
6305801494
Trillium Wealth
2625 N Bridge St, Yorkville, IL 60560
6305536566
Jocelyn Retz - Mortgage Loan Officer
26 W Countryside Pkwy, Yorkville, IL 60560
6303856694
Chase Home Lending
110 E Veterans Pkwy, Yorkville, IL 60560
7739880269

A reverse mortgage specialist in Yorkville, Illinois can help homeowners aged 62 and older access home equity without monthly payments. Illinois law requires borrowers to complete HUD-approved counseling before applying for a Home Equity Conversion Mortgage. This service is available to Yorkville residents in Kendall County and surrounding areas.

What Does a Reverse Mortgage Specialist in Yorkville Cost?

Typical costs for a reverse mortgage specialist in Illinois include an origination fee of up to $6,000, a mortgage insurance premium of 2 percent of the home value, and third-party fees such as appraisal and title search. These fees are often financed into the loan. For a home valued at $300,000, total closing costs might range from $10,000 to $15,000. 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 Yorkville Illinois?
Borrowers must be at least 62 years old. All homeowners on the title must meet this age requirement under federal HUD rules. Illinois state law does not change this minimum age.
Is counseling required for a reverse mortgage in Illinois?
Yes, Illinois law mandates that all reverse mortgage applicants complete a counseling session with a HUD-approved counselor. This session must occur before the loan application is submitted. The counselor explains loan terms, costs, and alternatives.