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Reverse Mortgage Specialists in Anderson, IN

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

11 agents listed
Updated May 2026
Anderson, IN
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 Indiana before hiring.
Showing 11 reverse mortgage specialists in Anderson, IN Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Brian Huff, Ruoff Mortgage
4534 S Scatterfield Rd, Anderson, IN 46013
7655246052
Trudi Parton, Ruoff Mortgage
4534 S Scatterfield Rd, Anderson, IN 46013
7656235529
Ruoff Mortgage - Anderson
4534 S Scatterfield Rd, Anderson, IN 46013
7652337835
Kelly L Burris | Fairway Independent Mortgage Corporation
1320 E 53rd St Suite B, Anderson, IN 46013
3177283338
Fairway Independent Mortgage Corporation
1320 E 53rd St Suite B, Anderson, IN 46013
3175978009
Guild Mortgage - Bill Montgomery
2907 Enterprise Dr, Anderson, IN 46013
7657308855
Preferred Mortgage
2149 E Co Rd 67, Anderson, IN 46017
7653877711
Madison Mortgage Inc
311 W 11th St, Anderson, IN 46016
7656433393
Guild Mortgage Company
2907 Enterprise Dr, Anderson, IN 46013
7657308855
PNC Mortgage
2101 S Scatterfield Rd, Anderson, IN 46016
7656465413
PNC Mortgage
1913 E 53rd St, Anderson, IN 46013
7656465421

A reverse mortgage specialist in Anderson Indiana helps homeowners aged 62 and older convert part of their home equity into tax-free funds. Indiana law requires borrowers to complete HUD-approved counseling before obtaining a Home Equity Conversion Mortgage. Local specialists guide clients through the process, including property eligibility and repayment terms specific to Indiana.

What Does a Reverse Mortgage Specialist in Anderson Cost?

Costs for a reverse mortgage specialist in Indiana typically include an origination fee of up to $6,000, a mortgage insurance premium of 2% of the home value, and appraisal fees of $400 to $800. Closing costs usually range from $2,000 to $5,000. These fees can be 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 Anderson Indiana?
Borrowers must be at least 62 years old. If there are multiple owners, all must meet this age requirement. The home must be the primary residence.
Do I need counseling before getting a reverse mortgage in Indiana?
Yes, Indiana law requires you to complete a counseling session with a HUD-approved counselor. This session covers costs, alternatives, and obligations. You will receive a certificate that the lender needs.
What types of homes qualify for a reverse mortgage in Anderson?
Single-family homes, FHA-approved condos, and manufactured homes that meet HUD standards qualify. The property must be in good condition. A specialist can help you check your specific property.