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Find Reverse Mortgage Specialists Near You in Hammond, IN

Browse reverse mortgage specialists serving Hammond, Indiana. Contact information and addresses listed below.

3 agents listed
Updated May 2026
Hammond, 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 3 reverse mortgage specialists in Hammond, 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.
Fifth Third Mortgage - Cynthia McDowell
1716 E 165th St, Hammond, IN 46320
7737427875
Chase Home Lending
4204 Calumet Ave, Hammond, IN 46320
3143031897
Patrick Hollingsworth NMLS 2557069 / Inspire Mortgage LLC
5209 Hohman Ave suite 124, Hammond, IN 46320
2193510023

A reverse mortgage specialist in Hammond Indiana helps homeowners aged 62 and older convert home equity into cash. Indiana law requires borrowers to complete HUD-approved counseling before applying. Specialists guide clients through the process, ensuring compliance with state and federal regulations.

What Does a Reverse Mortgage Specialist in Hammond Cost?

Typical costs for a reverse mortgage specialist in Indiana include an origination fee of up to 2 percent of the home value, a mortgage insurance premium of 2 percent upfront plus 0.5 percent annually, and third-party fees for appraisal and title search. Total closing costs often range from 3,000 to 8,000 dollars. These costs are usually 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 Hammond Indiana?
Borrowers must be at least 62 years old. The youngest spouse must also meet this age if both names are on the loan. Indiana follows federal HUD rules for age eligibility.
Do I need counseling before getting a reverse mortgage in Indiana?
Yes. Indiana law requires all reverse mortgage applicants to receive counseling from a HUD-approved agency. This session explains loan terms, costs, and alternatives. The counselor must be independent from the lender.