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 Maryland before hiring.
Showing 2 reverse mortgage specialists in Gambrills, MD
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Jason Lippman | NEXA Mortgage LLC
2670 Carver Rd, Gambrills, MD 21054
8557098833
David Baca at Guaranteed Rate Affinity (NMLS #169642)
1300 Main Chapel Way, Gambrills, MD 21054
4434042041
What Does a Reverse Mortgage Specialist in Gambrills Cost?
Typical costs for a reverse mortgage specialist in Maryland include an origination fee of up to 2 percent of the home value and a mortgage insurance premium of 2 percent of the appraised value. Third party costs like appraisal and title search can range from 500 to 2000 dollars. These costs are usually financed into the loan. 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 is a reverse mortgage specialist in Gambrills?
A reverse mortgage specialist is a licensed professional who guides homeowners through the reverse mortgage process. They explain loan terms and help with paperwork. In Maryland specialists must follow state lending laws and HUD rules.
Are there age requirements for a reverse mortgage in Maryland?
Yes you must be at least 62 years old to qualify for a reverse mortgage in Maryland. All borrowers on the title must meet this age requirement. This follows federal HUD guidelines.