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Find Reverse Mortgage Specialists in Newburgh, IN

Directory of reverse mortgage specialists in Newburgh, Indiana. Verify credentials with the state mortgage licensing authority before hiring.

2 agents listed
Updated May 2026
Newburgh, 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 Newburgh, 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.
Shoemaker Financial
8988 County Rd 406 S, Newburgh, IN 47630
8124909100
Top Flite Financial, Inc.
8177 Bell Oaks Dr STE D, Newburgh, IN 47630
8124900800

A reverse mortgage specialist in Newburgh, Indiana can help homeowners aged 62 and older convert home equity into tax free funds. Indiana law requires that borrowers receive counseling from a HUD approved agency before obtaining a Home Equity Conversion Mortgage. Specialists in Newburgh guide clients through this process and explain how the loan affects estate planning.

What Does a Reverse Mortgage Specialist in Newburgh Cost?

Typical costs for a reverse mortgage in Indiana include an origination fee 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 and title work. Total closing costs often range from 3,000 to 8,000 dollars depending on the property value and loan type. These costs can be financed into the loan so you do not pay them out of pocket. 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 is a reverse mortgage specialist in Newburgh Indiana?
A reverse mortgage specialist is a licensed professional who helps seniors understand and apply for reverse mortgages. In Indiana they must follow federal HUD rules and state lending laws. They do not provide legal advice but can explain loan options and connect you with required counseling.
Do I need to own my home free and clear to get a reverse mortgage in Newburgh?
No you do not need to own your home free and clear. You can use a reverse mortgage to pay off an existing mortgage. However you must have significant equity in the home and the property must be your primary residence in Newburgh.