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 Maine before hiring.
Showing 13 reverse mortgage specialists in Portland, ME
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Embrace Home Loans - Portland, ME
511 Congress St Suite 100A, Portland, ME 04101
8003333004
Guild Mortgage - Kevin Young
75 Market St # 401, Portland, ME 04101
2078084189
Southern Maine Agency on Aging
2320 Congress St, Portland, ME 04102
2073966500
Guild Mortgage - Matt Best
75 Market St # 401, Portland, ME 04101
2078084210
Guild Mortgage - Tracy DeMatteis
75 Market St # 401, Portland, ME 04101
2078084097
Guild Mortgage - Kimberly Sawyer
75 Market St # 401, Portland, ME 04101
2075238413
Guild Mortgage - Rudy Ferrante
75 Market St # 401, Portland, ME 04101
2079390053
Guild Mortgage Company
75 Market St # 401, Portland, ME 04101
2077756105
Brandon Carrigan | Loan Officer in Portland, ME
795 Congress St #2, Portland, ME 04101
2072105497
Vision Mortgage
352 Warren Ave STE 6, Portland, ME 04103
2078426854
Society Mortgage Maine Branch
100 Commercial St #417, Portland, ME 04101
8668473001
Maine Home Mortgage
415 Congress St #202, Portland, ME 04101
2078711001
Maine's Reverse Mortgage Expert
2320 Congress St suite j, Portland, ME 04102
2074504707
What Does a Reverse Mortgage Specialist in Portland Cost?
Typical costs for a reverse mortgage specialist in Maine include origination fees from 0.5 to 2 percent of the home value and third-party costs like appraisal and title search. These fees often total 2000 to 6000 dollars. Maine law caps certain fees for FHA-insured HECM loans. Costs vary by situation and lender. 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 does a reverse mortgage specialist do in Portland Maine?
A reverse mortgage specialist explains loan options helps you apply and coordinates with HUD-approved counselors. They ensure you meet Maine requirements including the mandatory counseling session. They do not provide financial advice or recommend specific lenders.
Are there Maine-specific rules for reverse mortgages?
Yes Maine requires a 3-day right of rescission after closing. Borrowers must also attend HUD counseling before the loan is approved. Specialists must follow Maine lending laws and cannot charge excessive fees.
How do I choose a reverse mortgage specialist in Portland?
Look for a specialist with experience in Maine reverse mortgage rules and HECM loans. Verify they are licensed with the Maine Bureau of Consumer Credit Protection. Interview multiple specialists to compare their knowledge and approach.