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 State Mortgage Licensing Authority of North Carolina before hiring.
Showing 16 reverse mortgage specialists in Dunn, NC
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Madison Henderson at CrossCountry Mortgage
201 S Orange Ave, Dunn, NC 28334
(910) 591-7883
crosscountrysouth.com
Edward Jones - Financial Advisor: Charles R Bradshaw
105 E Divine St, Dunn, NC 28334
(910) 892-2158
edwardjones.com
Anthony Willis at CrossCountry Mortgage
201 S Orange Ave, Dunn, NC 28334
(910) 379-5574
crosscountrymortgage.com
Madison Marshburn at CrossCountry Mortgage
201 S Orange Ave, Dunn, NC 28334
(910) 591-7883
crosscountrysouth.com
Rusty Brown at CrossCountry Mortgage
201 S Orange Ave, Dunn, NC 28334
(877) 773-1226
crosscountrysouth.com
Wayne Baker at CrossCountry Mortgage
201 S Orange Ave, Dunn, NC 28334
(859) 523-0549
ccmlexington.com
What Does a Reverse Mortgage Specialist in Dunn Cost?
Typical costs for a reverse mortgage in North Carolina include an origination fee of up to 2 percent of the home value (capped at 6,000 dollars), a mortgage insurance premium of 2 percent of the appraised value, and third-party fees for appraisal, title search, and recording. These costs can total 5,000 to 15,000 dollars depending on your home value. 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 Dunn North Carolina?
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. North Carolina does not have additional state-specific eligibility rules beyond federal HECM requirements.
Do I need counseling before getting a reverse mortgage in North Carolina?
Yes, North Carolina law requires all borrowers to complete a counseling session with a HUD-approved counselor. This session covers loan costs, alternatives, and how the loan affects your heirs. You must receive a certificate of completion before the lender can process your application.
Can I lose my home with a reverse mortgage in Dunn?
Yes, you can lose your home if you fail to pay property taxes, homeowners insurance, or maintain the property. North Carolina allows lenders to foreclose if these obligations are not met. You must also continue living in the home as your primary residence.