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Reverse Mortgage Specialists in Plainville, MA

Looking for a reverse mortgage specialist in Plainville? Review the directory below to compare your options.

2 agents listed
Updated May 2026
Plainville, MA
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 2 reverse mortgage specialists in Plainville, 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.
Reverse Mortgage Of New England
30 Man-Mar Dr Suite 3, Plainville, MA 02762
5086438180
Reverse Mortgage Of New England
30 Man-Mar Dr Suite 3, Plainville, MA 02762
5086438180

A reverse mortgage specialist in Plainville Massachusetts can help homeowners aged 62 and older convert home equity into tax-free funds. Massachusetts law requires borrowers to complete a counseling session with a HUD-approved counselor before applying. The specialists in Plainville guide clients through the process and explain how the loan affects estate planning and Medicaid eligibility.

What Does a Reverse Mortgage Specialist in Plainville Cost?

Typical costs for a reverse mortgage in Massachusetts 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 fees for appraisal title search and recording. These fees can range from 3000 to 8000 dollars depending on the home value 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 are the age requirements for a reverse mortgage in Plainville?
Borrowers must be at least 62 years old. If a married couple applies and one spouse is under 62, the younger spouse may still be protected under the Financial Assessment rules but should discuss options with a specialist.
Do I need to own my home free and clear to get a reverse mortgage in Massachusetts?
No, you do not need to own the home free and clear. However, you must have substantial equity in the property. The existing mortgage must be paid off with the reverse mortgage proceeds at closing.