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 New Mexico before hiring.
Showing 20 reverse mortgage specialists in Las Cruces, NM
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Price Mortgage Las Cruces - NMLS #1429043 Home Loans
2455 Missouri Ave A, Las Cruces, NM 88001
5754157942
Waterstone Mortgage Corporation
4440 Sonoma Ranch Blvd Suite D, Las Cruces, NM 88011
5754493125
Cornerstone Home Lending | Las Cruces
1065 D S Main St g, Las Cruces, NM 88005
5755274400
PrimeLending, A PlainsCapital Company - Las Cruces
3780 Foothills Rd Ste. C, Las Cruces, NM 88011
5752591080
New American Funding - Las Cruces, NM
3050 Roadrunner Pkwy #3, Las Cruces, NM 88011
5752150021
Guild Mortgage - Patricia Lewis
1323 E Lohman Ave Suite 3,4,5, Las Cruces, NM 88001
5752494490
Tyler Black | Price Mortgage
2455 Missouri Ave A, Las Cruces, NM 88001
5754157942
Guild Mortgage - Shelly Jett McEntire
1323 E Lohman Ave Suite 3,4,5, Las Cruces, NM 88001
5752494483
AmCap Home Loans - Nancy Ellis & Norbert Gabaldon
Pueblo Plaza, 1100 S Main St #204, Las Cruces, NM 88005
5756448203
Guild Mortgage - Susie Nelson
1323 E Lohman Ave Suite 3,4,5, Las Cruces, NM 88001
5752494480
Guild Mortgage - Teresa Martinez
1323 E Lohman Ave Suite 3,4,5, Las Cruces, NM 88001
5753021931
Guild Mortgage - Priscilla Lara
2480 Roadrunner Pkwy C, Las Cruces, NM 88011
5756405283
Guild Mortgage - Rafa Figueroa
1323 E Lohman Ave Suite 3,4,5, Las Cruces, NM 88001
5752494480
Melissa Dominguez
1323 E Lohman Ave Suite 3,4,5, Las Cruces, NM 88001
5053750942
Frost Mortgage a PRMI Company - Travis Sailley
3780 Foothills Rd APT C1, Las Cruces, NM 88011
5758883067
Precision Mortgage Group a Division of The Home Lending Group
2480-C, 2480 Roadrunner Pkwy C, Las Cruces, NM 88011
5753822016
Shelly Jett McEntire
1323 E Lohman Ave Ste 3, Las Cruces, NM 88001
5756497849
Priscilla Lara, NMLS #801679
840 N Telshor Blvd # E, Las Cruces, NM 88011
5753865864
Guild Mortgage Company
1323 E Lohman Ave Suite 3,4,5, Las Cruces, NM 88001
5754591700
Guild Mortgage Company
2480 Roadrunner Pkwy C, Las Cruces, NM 88011
5753822016
What Does a Reverse Mortgage Specialist in Las Cruces Cost?
Typical costs for a reverse mortgage in New Mexico 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 and recording. Total closing costs often range from 5,000 to 15,000 dollars depending on the home value. These costs can be financed into the loan so you pay little upfront. 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 Las Cruces?
You must be at least 62 years old to qualify for a reverse mortgage in New Mexico. The youngest borrower on the title must meet this age requirement. Spouses under 62 may have certain protections under federal rules.
Do I need counseling before getting a reverse mortgage in New Mexico?
Yes New Mexico law requires all borrowers to complete a counseling session with a HUD approved counselor. The session covers loan terms costs and alternatives. You must receive a counseling certificate before your loan application can proceed.
How does a reverse mortgage affect my Las Cruces property taxes?
You must continue to pay property taxes and homeowners insurance to keep the loan in good standing. Failure to pay taxes can lead to foreclosure. A reverse mortgage specialist can help you set up a plan to manage these ongoing costs.