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Reverse Mortgage Specialists in Hammond, LA

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

14 agents listed
Updated May 2026
Hammond, LA
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 Louisiana before hiring.
Showing 14 reverse mortgage specialists in Hammond, LA Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Tower Loan
1507 W Thomas St, Hammond, LA 70403
9854199755
Motto Mortgage Financial Group
1402 S Magnolia St Suite D, Hammond, LA 70403
9853638840
Rick Sedberry - "The Mortgage Man" NMLS #112326 Movement Mortgage
109 E Charles St, Hammond, LA 70401
9852424772
Mariner Finance
2108 W Thomas St # D, Hammond, LA 70401
9854675743
First Access Mortgage
206 E Charles St Ste B, Hammond, LA 70401
9854291770
OneMain Financial
2428 W Thomas St, Hammond, LA 70401
9855427250
RLS Lending
811 C M Fagan Dr Suite B, Hammond, LA 70403
9852051351
Kristina Tallo Motto Mortgage Financial Group
1402 S Magnolia St Suite D, Hammond, LA 70403
9853638840
Magee Financial – Hammond
1313 W Morris Ave, Hammond, LA 70403
9853458666
Gilmore Financial Services Inc
42342 S Morrison Blvd, Hammond, LA 70403
9853451700
Signature Home Lending Inc
1250 SW Railroad Ave #210-A, Hammond, LA 70403
9852302366
The Mortgage Lending Group, Inc.
1109 C M Fagan Dr, Hammond, LA 70403
9853405868
Jessica Baham - Loan Originator at CMG Home Loans
1200 Derek Dr, Hammond, LA 70403
9856076250
Bridgett Gauthreaux - CMG Home Loans
1200 Derek Dr Suite 119, Hammond, LA 70403
9852222186

Reverse mortgage specialists in Hammond Louisiana help older homeowners access home equity without monthly payments. Louisiana law requires borrowers to receive HUD-approved counseling before closing a Home Equity Conversion Mortgage. Specialists can explain how local property taxes and insurance requirements affect the loan.

What Does a Reverse Mortgage Specialist in Hammond Cost?

Typical costs for a reverse mortgage in Louisiana include an origination fee of up to $6,000, a mortgage insurance premium of 2% of the home value, and appraisal fees around $500. Closing costs usually range from $2,000 to $8,000. These costs can be financed into the loan. 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

Who qualifies for a reverse mortgage in Hammond Louisiana?
You must be at least 62 years old and own your home outright or have a small mortgage. The home must be your primary residence and meet HUD property standards.
What are the Louisiana-specific requirements for reverse mortgages?
Louisiana requires a mandatory counseling session with a HUD-approved counselor. The state also has a 30-day rescission period after closing, giving you time to cancel the loan without penalty.
How much can I borrow with a reverse mortgage in Hammond?
The amount depends on your age, the appraised home value, and current interest rates. In Louisiana, the maximum claim amount for an HECM is $1,089,300 as of 2024.