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Compare Reverse Mortgage Specialists in Newburgh, NY

Compare reverse mortgage specialists in Newburgh. Review contact information and insurance categorys before you decide.

11 agents listed
Updated May 2026
Newburgh, NY
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 York before hiring.
Showing 11 reverse mortgage specialists in Newburgh, NY Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
PrimeLending, A PlainsCapital Company - Hudson Valley
1450 NY-300 Suite 101, Newburgh, NY 12550
8455645500
Angela Demaris- Team Demaris
1450 NY-300 Suite 101, Newburgh, NY 12550
9148792059
Melissa Flickenschild, NMLS 524987, Rhinebeck Bank
456 Broadway, Newburgh, NY 12550
8452208488
Steve Chance, NMLS: 404716, PrimeLending
1450 NY-300 Suite 101, Newburgh, NY 12550
8454754336
Ethan Meybohm NMLS#404348 Primelending
1450 NY-300 Suite 101, Newburgh, NY 12550
8454763243
Stephen Betterton- Team Betterton
1450 NY-300 Suite 101, Newburgh, NY 12550
9148790411
John Reidy, PrimeLending
1450 NY-300 Suite 101, Newburgh, NY 12550
8452063313
Julianne Couto PrimeLending - Team Betterton
1450 NY-300 Suite 101, Newburgh, NY 12550
8452640809
Mortgage Broker
17 N Plank Rd, Newburgh, NY 12550
8452903319
Reverse Mortgage Funding LLC - Luke Centrone
700 Corporate Blvd, Newburgh, NY 12550
8622142896
Rhinebeck Bank - Commercial Lending
456 Broadway, Newburgh, NY 12550
8457901558

A reverse mortgage specialist in Newburgh, New York helps seniors aged 62 and older access home equity without monthly payments. New York law requires borrowers to receive third-party counseling from a HUD-approved agency before closing. Specialists guide clients through the Home Equity Conversion Mortgage (HECM) process and explain how property taxes and insurance must remain current.

What Does a Reverse Mortgage Specialist in Newburgh Cost?

Typical costs for a reverse mortgage in New York include an origination fee of up to 2 percent of the first 200,000 dollars of home value plus 1 percent of the amount above that. Third-party fees such as appraisal, title search, and recording fees can range from 2,000 to 5,000 dollars. Closing costs generally total between 6,000 and 12,000 dollars, depending on home value and lender. 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 does a reverse mortgage specialist do in Newburgh?
A reverse mortgage specialist advises seniors on HECM loans, explains eligibility rules, and coordinates with HUD-approved counselors. They help Newburgh homeowners understand how a reverse mortgage affects estate planning and property ownership.
What are the age and property requirements for a reverse mortgage in New York?
Borrowers must be at least 62 years old. The property must be a primary residence, such as a single-family home, a two-to-four unit property, or a HUD-approved condominium. Manufactured homes may qualify if they meet FHA standards.