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Find Reverse Mortgage Specialists Near You in Derby, KS

Compare reverse mortgage specialists in Derby. Review contact information and insurance categorys before you decide.

3 agents listed
Updated May 2026
Derby, KS
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 Kansas before hiring.
Showing 3 reverse mortgage specialists in Derby, KS Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Dottie Amend | Fairway Independent Mortgage Corporation Loan Officer
612 N Mulberry Rd, Derby, KS 67037
3165357588
Commerce Bank Mortgage
600 N Rock Rd Ste 1100, Derby, KS 67037
8443402574
Citizens Bank of Kansas Mortgage
1033 N Buckner St # 204, Derby, KS 67037
3167888600

A reverse mortgage specialist in Derby Kansas helps older homeowners access home equity without monthly payments. Kansas law requires borrowers to receive counseling from a HUD-approved agency before applying. Local specialists can explain how Kansas property taxes and insurance requirements affect your loan.

What Does a Reverse Mortgage Specialist in Derby Cost?

Typical costs for a reverse mortgage in Kansas 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. For a home valued at 200000 dollars total closing costs often range from 6000 to 12000 dollars. Annual servicing fees may apply. 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 Derby Kansas?
You must be at least 62 years old to qualify for a reverse mortgage in Kansas. All borrowers listed on the title must meet this age requirement. The home must be your primary residence.
Does Kansas have any special rules for reverse mortgage proceeds?
Kansas does not tax reverse mortgage proceeds as income. However you must still pay property taxes and homeowners insurance. The loan becomes due if you sell the home or move out for more than 12 months.
How do I find a qualified reverse mortgage specialist in Derby?
Look for a specialist licensed in Kansas who has experience with HECM loans. You can check the Kansas Office of the State Bank Commissioner for license verification. Always confirm the specialist is approved by the National Reverse Mortgage Lenders Association.