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 Massachusetts before hiring.
Showing 11 reverse mortgage specialists in Agawam, MA
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Academy Mortgage
67 Hunt St Suite 203 B, Agawam, MA 01001
4133630282
New American Funding - Jason Jean
1492 Main St, Agawam, MA 01001
4133743252
Cambridge Credit Counseling Corp.
67 Hunt St #305, Agawam, MA 01001
8002351407
Nick Palermo
1492 Main St, Agawam, MA 01001
2039425240
Northern Mortgage Services - The New England Group
1 S Bridge Dr #1, Agawam, MA 01001
4132416943
Matina Geanopoulos (Mortgage Matina)
1492 Main St, Agawam, MA 01001
4133511310
Brett Charron
67 Hunt St Suite 203 B, Agawam, MA 01001
4132760119
Homestead Mortgage, LLC
540 Meadow St Suite #203, Agawam, MA 01001
4134390574
Inland Home Mortgage
430 Main St, Agawam, MA 01001
4137863500
New American Funding - Agawam
1492 Main St, Agawam, MA 01001
2039425240
Susan Nguyen Financial Services
540 Meadow St, Agawam, MA 01001
4132504377
What Does a Reverse Mortgage Specialist in Agawam Cost?
Typical costs for a reverse mortgage specialist in Massachusetts include an origination fee of up to 2 percent of the home value capped at 6000 dollars. Third party costs such as appraisal title search and recording fees range from 1000 to 3000 dollars. The HUD counseling session costs about 125 dollars but may be waived for low income borrowers. These costs vary by situation and loan type. 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 Agawam Massachusetts?
A reverse mortgage specialist in Agawam explains HECM loan options helps you compare lenders and coordinates with HUD-approved counselors. They ensure you meet Massachusetts requirements such as the mandatory counseling session and property appraisal. Specialists do not originate loans but provide education and referrals to FHA-approved lenders.
Are there Massachusetts specific rules for reverse mortgages?
Yes Massachusetts requires a three day right of rescission after closing and mandates that lenders disclose total annual loan costs. The state also prohibits reverse mortgage lenders from requiring you to buy other financial products. Specialists in Agawam must follow these state statutes to protect borrowers.
How do I choose a reverse mortgage specialist in Agawam?
Look for a specialist who is licensed in Massachusetts and has experience with HECM loans in Hampden County. Check that they provide clear information about costs and do not pressure you to act quickly. You can verify their license through the Massachusetts Division of Banks website.