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 9 reverse mortgage specialists in Windham, 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.
Northstar Mortgage Group | Windham Maine
625 Roosevelt Trail, Windham, ME 04062
2078938499
The Lender Lady
765 Roosevelt Trail Unit 240, Windham, ME 04062
2076539107
Homestead Mortgage Loans Inc
840 Roosevelt Trail, Windham, ME 04062
2078932900
US Bank Mortgage Officer-Stephen F Jordan
27 Kings Ln, Windham, ME 04062
2077763122
Northstar Mortgage
8 Turning Leaf Dr, Windham, ME 04062
2077140074
Nicole Ganem – Mortgage Loan Officer at Bangor Savings Bank (NMLS #2148497)
745 Roosevelt Trail, Windham, ME 04062
2072402636
Maine Mortgage Expert - Danielle Stumper of Northstar Mortgage
625 Roosevelt Trail, Windham, ME 04062
2077140074
Commercial Real Estate Mortgage Loans Windham ME
12 Spring Water Dr Apt E, Windham, ME 04062
1506307557
Home Loans Maine
359 Falmouth Rd, Windham, ME 04062
2072007663
What Does a Reverse Mortgage Specialist in Windham Cost?
Typical costs for a reverse mortgage in Maine 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 costs such as appraisal and title search. These fees can total 5000 to 15000 dollars depending on the home value. Costs vary by lender and loan type. 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 does a reverse mortgage specialist in Windham do?
A specialist explains how a Home Equity Conversion Mortgage works in Maine. They help you compare lenders and understand the impact on your estate. They do not provide legal advice but can refer you to a Maine attorney for estate planning.
Are there Maine specific rules for reverse mortgages?
Yes. Maine requires that all reverse mortgage borrowers complete a counseling session with a HUD approved agency. Maine also has a three day right of rescission after closing. You must be at least 62 years old to qualify.