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Compare reverse mortgage specialists in Beachwood. Review contact information and insurance categorys before you decide.
7 agents listed
Updated May 2026
Beachwood, OH
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 Ohio before hiring.
Showing 7 reverse mortgage specialists in Beachwood, OH
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
David Goldberg, VP of Mortgage Lending
28879 Chagrin Blvd, Beachwood, OH 44122
2164969483
MGM Mortgage Co
3601 S Green Rd UNIT 310, Beachwood, OH 44122
2165248500
Verity Loans, LLC
2000 Auburn Dr #200, Beachwood, OH 44122
4406007900
Goldwater Bank N.A. Mortgage Division
23500 Mercantile Rd, Beachwood, OH 44122
8773328880
Tyler-Stone Group
3601 S Green Rd, Beachwood, OH 44122
2162950945
Oxford Home Lending
3690 Orange Pl Ste. 210, Beachwood, OH 44122
8888147302
Patrick Jacobs - Chase Home Lending Advisor - NMLS ID 1621618
22801 Chagrin Blvd, Beachwood, OH 44122
2165359432
A reverse mortgage specialist in Beachwood Ohio helps older homeowners access home equity without monthly payments. Ohio law requires borrowers to complete HUD-approved counseling before obtaining a Home Equity Conversion Mortgage. Specialists in Beachwood guide clients through the process and explain how property taxes and insurance must remain current.
What Does a Reverse Mortgage Specialist in Beachwood Cost?
Typical costs for a reverse mortgage specialist in Ohio include an origination fee of up to 2 percent of the home value capped at 6000 dollars. Other costs include 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 3000 to 8000 dollars depending on the 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 are the age requirements for a reverse mortgage in Beachwood Ohio?
Borrowers must be at least 62 years old to qualify for a reverse mortgage in Ohio. The youngest borrower on the title must meet this age requirement. Ohio follows federal HECM guidelines for age eligibility.
Do I need counseling before getting a reverse mortgage in Ohio?
Yes Ohio law requires all reverse mortgage applicants to complete a counseling session with a HUD-approved counselor. This session must occur before you submit a loan application. The counselor explains the loan terms costs and alternatives.
Can a reverse mortgage be foreclosed in Ohio?
Yes a reverse mortgage can be foreclosed in Ohio if the borrower fails to pay property taxes or homeowners insurance. The lender can also foreclose if the borrower moves out permanently or dies. Ohio law provides a redemption period after a foreclosure filing.
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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 Ohio.