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Find Reverse Mortgage Specialists in Nappanee, IN

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

2 agents listed
Updated May 2026
Nappanee, 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 2 reverse mortgage specialists in Nappanee, 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.
Edward Jones - Financial Advisor: David R Kauffman, CFP®
253 W Market St Suite A, Nappanee, IN 46550
5747735571
Chase Mortgage
351 W Market St, Nappanee, IN 46550
5747737731

A reverse mortgage specialist in Nappanee Indiana helps older homeowners access home equity without monthly payments. Indiana law requires borrowers to complete HUD-approved counseling before obtaining a Home Equity Conversion Mortgage. Local specialists guide clients through eligibility, loan terms, and the unique requirements for Indiana residents.

What Does a Reverse Mortgage Specialist in Nappanee Cost?

Typical costs for a reverse mortgage in Indiana include an origination fee of 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, title search, and recording. These costs often range from 2,000 to 8,000 dollars depending on the home value and loan type. Costs vary by situation and lender. This is general information and 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 Nappanee Indiana?
Borrowers must be at least 62 years old. All owners listed on the title must meet this age requirement. Indiana law follows federal HUD guidelines for age eligibility.
Is counseling required for a reverse mortgage in Indiana?
Yes, Indiana law requires all borrowers to complete a counseling session with a HUD-approved counselor before applying. The session covers loan costs, alternatives, and borrower responsibilities. This applies to all reverse mortgages in Nappanee.