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Find Reverse Mortgage Specialists Near You in Chesterton, IN
Directory of reverse mortgage specialists in Chesterton, Indiana. Verify credentials with the state mortgage licensing authority before hiring.
8 agents listed
Updated May 2026
Chesterton, 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 8 reverse mortgage specialists in Chesterton, 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.
The Mortgage Exchange
890 Sidewalk Rd, Chesterton, IN 46304
2197282059
Edward Jones - Financial Advisor: Devon C Mulligan, CFP®|CRPC™
538 Indian Boundary Rd, Chesterton, IN 46304
2195008375
CAPTRUST
3100 Village Point #200, Chesterton, IN 46304
2199261182
Aspirean Wealth
160 Rail Rd #4, Chesterton, IN 46304
8446875342
Equity One Financial
1140 S Calumet Rd Suite 2, Chesterton, IN 46304
8772195672
Thomas A. Dranger - Ameriprise Financial Services, Inc.
1496 Pope Ct #3, Chesterton, IN 46304
2192260800
Chase Home Lending
109 Broadway Ave, Chesterton, IN 46304
7243323535
Chase Mortgage
150 W Indiana Ave, Chesterton, IN 46304
2199211683
A reverse mortgage specialist in Chesterton Indiana helps homeowners aged 62 and older convert home equity into tax-free funds. Indiana law requires borrowers to complete HUD-approved counseling before applying for a Home Equity Conversion Mortgage. Specialists guide clients through the process and explain how local property taxes and insurance requirements apply.
What Does a Reverse Mortgage Specialist in Chesterton Cost?
Typical costs for a reverse mortgage specialist in Indiana include an origination fee of up to 2 percent of the home value or a maximum of 6000 dollars. Third-party costs such as appraisal title insurance and recording fees range from 2000 to 5000 dollars. An upfront mortgage insurance premium of 2 percent of the home value is charged by HUD. These costs vary by lender 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 are the age requirements for a reverse mortgage in Chesterton Indiana?
Borrowers must be at least 62 years old. If married, a non-borrowing spouse under 62 may have protections under Indiana law if the loan is originated after 2014.
Do I need to own my home free and clear to get a reverse mortgage in Chesterton?
No you do not. You can have an existing mortgage but the reverse mortgage must pay off that debt first. Indiana law requires that the home be your primary residence.
Are reverse mortgage proceeds taxable in Indiana?
Loan proceeds are not considered income for federal or Indiana state tax purposes. However you must continue to pay property taxes and homeowners insurance to avoid default.
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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 Indiana.