ADVERTISING DISCLOSURE: BeforeMortgageUSA.com is an informational directory, not an mortgage company or broker. We do not sell insurance or provide mortgage or financial advice. No broker-client relationship is created by using this site. No broker listed on this site has paid for, authorized, or approved their listing. This is an advertisement.
Looking for a reverse mortgage specialist in Peru? Review the directory below to compare your options.
2 agents listed
Updated May 2026
Peru, 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 Peru, 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.
Amy Million, Ruoff Mortgage
63 N Broadway St, Peru, IN 46970
7654694343
Ruoff Mortgage - Peru
63 N Broadway St, Peru, IN 46970
7654694343
A reverse mortgage specialist in Peru Indiana helps homeowners aged 62 and older convert home equity into cash without monthly payments. Indiana law requires borrowers to complete HUD-approved counseling before applying for a Home Equity Conversion Mortgage. Specialists in Peru can guide you through the process and explain how Indiana property tax deferral programs may interact with a reverse mortgage.
What Does a Reverse Mortgage Specialist in Peru 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 of the appraised value, and third-party fees for appraisal and title work. Total closing costs often range from 2,000 to 6,000 dollars depending on the loan size and property value. 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 Peru Indiana?
Borrowers must be at least 62 years old. The youngest borrower on the title must meet this age requirement under federal HUD rules.
Do I need counseling before getting a reverse mortgage in Indiana?
Yes. Indiana law requires all reverse mortgage applicants to complete a counseling session with a HUD-approved counselor. This session must happen before you submit your loan application.
Can I lose my home with a reverse mortgage in Peru Indiana?
Yes. You can lose your home if you fail to pay property taxes or homeowners insurance, or if you do not maintain the property. Indiana law also requires you to keep the home as your primary residence.
Free • No Obligation
Compare Reverse Mortgage Specialists
Get matched with agents in Peru who handle your type of case.
Affiliate Form Embed
Replace with iframe/embed code from your affiliate network
Affiliate Disclosure
The form above is provided by a third-party legal marketing service. BeforeMortgageUSA.com receives compensation when you submit a qualified inquiry. This is a free service with no obligation to hire any broker. Your information is collected and handled by the form provider according to their privacy policy.
Legal Notice
BeforeMortgageUSA.com is not a mortgage referral service, or financial advice provider. No broker-client relationship is formed by submitting a form or using this site. We do not endorse, recommend, or vouch for the qualifications of any broker. Past results do not guarantee future outcomes. Each case is different. Verify broker credentials with your state mortgage licensing authority before hiring.
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.