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 18 reverse mortgage specialists in Waltham, 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.
Shant Banosian at Rate (NMLS #7206)
465 Waverley Oaks Rd Suite 200, Waltham, MA 02452
6178276674
Jason Deeb @ Cambridge Savings Bank (NMLS 187869)
81 Wyman St, Waltham, MA 02451
6179018405
Ted Malkhasian at Rate (NMLS #49345)
465 Waverley Oaks Rd Suite 200, Waltham, MA 02452
6172868907
American Mortgage Resource, Inc. NMLS# MB22431
2 Winter St Suite #202, Waltham, MA 02451
6179728588
Movement Mortgage - Waltham, MA
271 Waverley Oaks Rd Suite 304, Waltham, MA 02452
7816422000
Sean Goudreau at Rate (NMLS #326155)
465 Waverley Oaks Rd Suite 200, Waltham, MA 02452
7812029056
Ryan Van Auken at Rate (NMLS #1929754)
271 Waverley Oaks Rd Suite 306, Waltham, MA 02452
7813251464
Bay Equity Home Loans - Waltham, MA
204 2nd Ave, Waltham, MA 02451
6176556420
Brian Tobin at Rate (NMLS #85187)
271 Waverley Oaks Rd Suite 306, Waltham, MA 02452
7815263938
Fred Allard
271 Waverley Oaks Rd Suite 304, Waltham, MA 02452
6174384487
Rusty O'Dowd at Rate (NMLS #441880)
271 Waverley Oaks Rd Suite 306, Waltham, MA 02452
7816472026
Clifford Slater at Rate (NMLS #84516)
271 Waverley Oaks Rd Suite 306, Waltham, MA 02452
7812856830
Tracy Do at Rate (NMLS #481167)
465 Waverley Oaks Rd Suite 200, Waltham, MA 02452
7813251455
Rick Berardino at Rate (NMLS #484203)
271 Waverley Oaks Rd Suite 306, Waltham, MA 02452
9787717648
Rate
271 Waverley Oaks Rd Suite 306, Waltham, MA 02452
7817889030
Andrew Adams at Rate (NMLS #114591)
271 Waverley Oaks Rd #306, Waltham, MA 02452
7818100907
Rate
465 Waverley Oaks Rd Suite 200, Waltham, MA 02452
6174844949
Jim Brown at Rate (NMLS #17945)
271 Waverley Oaks Rd Suite 306, Waltham, MA 02452
7817889023
What Does a Reverse Mortgage Specialist in Waltham Cost?
Typical costs for a reverse mortgage in Massachusetts include an origination fee up to 2 percent of the home value an appraisal fee around 400 to 600 dollars and a mortgage insurance premium of 2 percent of the home value upfront. Closing costs such as title insurance and recording fees add 1000 to 3000 dollars. Total costs often range from 5000 to 12000 dollars depending on 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 eligibility requirements for a reverse mortgage in Waltham Massachusetts?
Borrowers must be at least 62 years old and own their home outright or have a low mortgage balance. The home must be the primary residence and meet HUD property standards. Massachusetts law also requires a mandatory counseling session with a HUD approved counselor before approval.
How does Massachusetts law affect reverse mortgage terms?
Massachusetts requires that reverse mortgage lenders provide a detailed disclosure of loan terms and costs at least three days before closing. The state also mandates that borrowers receive information about alternatives such as home equity loans or property tax deferral programs. These rules help protect senior homeowners in Waltham.