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 Missouri before hiring.
Showing 5 reverse mortgage specialists in Gladstone, MO
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Loan Factory - We Dare You To Compare
5600 N Antioch Rd Ste 105, Gladstone, MO 64119
8168887000
Matthew Shiever - NMLS#244431
2850 NE Kendallwood Pkwy, Gladstone, MO 64119
9139568307
First State Bank Mortgage
104 NE 72nd St Suite L, Gladstone, MO 64118
8164143239
Mormino Mortgage Group LLC
3000 NE Brooktree Ln Ste 220, Gladstone, MO 64119
8163819082
Assured Mortgage LLC
3000 NE Brooktree Ln Suite 240, Gladstone, MO 64119
8164681209
What Does a Reverse Mortgage Specialist in Gladstone Cost?
Typical costs for a reverse mortgage specialist in Missouri include an origination fee 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 and credit report. Total closing costs usually range from 2,000 to 8,000 dollars depending on the property value and loan type. Missouri also charges a state mortgage recording fee. 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 age must I be to qualify for a reverse mortgage in Gladstone Missouri?
You must be at least 62 years old. The youngest borrower on the title must meet this age requirement under federal HECM guidelines. Missouri does not have a separate state age requirement.
Do I need counseling before getting a reverse mortgage in Missouri?
Yes. Missouri law requires all reverse mortgage applicants to complete a counseling session with a HUD-approved counselor. The session covers loan terms, costs, and alternatives. You must receive a signed counseling certificate before the lender can process your application.
Can I lose my home with a reverse mortgage in Gladstone?
You can lose your home if you fail to pay property taxes, homeowners insurance, or maintain the property. Missouri law allows lenders to foreclose if you do not meet these obligations. You must also continue living in the home as your primary residence.