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Compare reverse mortgage specialists in Lee's Summit. Review contact information and insurance categorys before you decide.
20 agents listed
Updated May 2026
Lee's Summit, MO
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 20 reverse mortgage specialists in Lee's Summit, 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.
Summit Lending | Award-Winning Mortgage Broker
4967 NE Goodview Cir STE B, Lee's Summit, MO 64064
8162684025
Molly Dean Team - LeaderOne Financial
400 SE 3rd St, Lee's Summit, MO 64063
8162822208
PrimeLending, A PlainsCapital Company - Lee's Summit II
3540 NE Ralph Powell Rd Suite A, Lee's Summit, MO 64064
3540 NE Ralph Powell Rd Suite A, Lee's Summit, MO 64064
8168983752
Alpha Mortgage LLC
249 SW Noel St, Lee's Summit, MO 64063
8165548228
Fairway Independent Mortgage Corporation
200 NE Missouri Rd Suit 200, Lee's Summit, MO 64086
9133175626
Executive Lending Group LLC
120 SW 2nd St #105, Lee's Summit, MO 64063
8165258000
Waterstone Mortgage Corporation - Lindsey Frazier
900 SW Oldham Pkwy Suite 101, Lee's Summit, MO 64081
8163047936
A reverse mortgage specialist in Lee's Summit Missouri helps homeowners aged 62 and older convert home equity into tax-free funds without monthly payments. Missouri law requires borrowers to complete HUD-approved counseling before obtaining a Home Equity Conversion Mortgage. Specialists guide clients through the process including loan limits and repayment rules specific to the state.
What Does a Reverse Mortgage Specialist in Lee's Summit Cost?
Typical costs for a reverse mortgage specialist in Missouri include an origination fee of 2 percent of the home value capped at 6000 dollars. Third party fees for appraisal title search and recording usually range from 1000 to 3000 dollars. The HUD required counseling session costs around 125 dollars. These costs are often financed into the loan. 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 Lee's Summit Missouri?
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. Missouri law also requires a financial assessment to ensure the borrower can pay property taxes and insurance.
How does Missouri law affect reverse mortgage proceeds?
Missouri does not tax reverse mortgage proceeds as income. However borrowers must continue paying property taxes and homeowners insurance. If the borrower moves out or passes away the loan becomes due and heirs have 30 days to decide to pay off the loan or sell the home.
What costs are associated with a reverse mortgage specialist in Lee's Summit?
Costs include an origination fee typically 2 percent of the home value up to a cap of 6000 dollars. Third party fees for appraisal title insurance and recording range from 1000 to 3000 dollars. Missouri also requires a mandatory counseling session costing about 125 dollars.
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BeforeMortgageUSA.com is not a mortgage referral service, or financial advice provider. No broker-client relationship is formed by submitting a form or using this site. We do not endorse, recommend, or vouch for the qualifications of any broker. Past results do not guarantee future outcomes. Each case is different. Verify broker credentials with your state mortgage licensing authority before hiring.
About Our Listings
Brokers listed on BeforeMortgageUSA.com are compiled from publicly available directories, state mortgage licensing authority records, and business listings. Inclusion does not constitute endorsement. We do not verify broker licensing, disciplinary status, or qualifications. Verify each broker's current standing with the Missouri.