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Browse reverse mortgage specialists serving Elkhorn, Nebraska. Contact information and addresses listed below.
8 agents listed
Updated May 2026
Elkhorn, NE
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 Nebraska before hiring.
Showing 8 reverse mortgage specialists in Elkhorn, NE
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Charter West Bank | Dave Arkfeld | Mortgage Advisor | NMLS# 290570
20041 Manderson St Ste B, Elkhorn, NE 68022
4028808687
Pre-Approved Mortgage LLC
18010 Burt St, Elkhorn, NE 68022
8665050973
CharterWest-Kristi Taylor | Mortgage Advisor |
20041 Manderson St, Elkhorn, NE 68022
4026999757
Summer Franco-U.S. Bank Mortgage
711 N 205th St, Elkhorn, NE 68022
4022899021
Rate
1210 N 205th St Office #1, Elkhorn, NE 68022
4022898030
A reverse mortgage specialist in Elkhorn, Nebraska helps homeowners aged 62 and older convert home equity into cash without selling their property. Nebraska law requires borrowers to receive third-party counseling from a HUD-approved agency before closing. Local specialists guide clients through the FHA-insured Home Equity Conversion Mortgage (HECM) process, which is the only reverse mortgage insured by the federal government.
What Does a Reverse Mortgage Specialist in Elkhorn Cost?
Typical costs for a reverse mortgage in Nebraska include an origination fee (up to $6,000), a mortgage insurance premium (2% of the home value upfront plus 0.5% annually), appraisal fees ($400 to $800), and closing costs ($1,500 to $3,000). Total upfront costs often range from $8,000 to $15,000, which can be financed into the loan. These figures are general estimates and vary by lender and property value. 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 are the eligibility requirements for a reverse mortgage in Elkhorn Nebraska?
You must be at least 62 years old and own your home outright or have a low mortgage balance. The home must be your primary residence and meet FHA property standards. Nebraska does not have additional state-specific age or income limits beyond federal requirements.
Do I have to pay property taxes and insurance with a reverse mortgage in Nebraska?
Yes. Nebraska law does not exempt reverse mortgage borrowers from property taxes, homeowners insurance, or HOA fees. Failure to pay these can lead to loan default and foreclosure. Your specialist will review these obligations during the application process.
How does a reverse mortgage affect my heirs in Nebraska?
Heirs can keep the home by paying off the loan balance, which is the lesser of the appraised value or the loan amount. If they sell the home, proceeds first repay the loan. Nebraska follows federal rules allowing heirs up to 30 days after the loan becomes due to decide, with possible extensions.
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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 Nebraska.