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Find Reverse Mortgage Specialists Near You in Elyria, OH

Looking for a reverse mortgage specialist in Elyria? Review the directory below to compare your options.

7 agents listed
Updated May 2026
Elyria, 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 Elyria, 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.
Mariner Finance
5212 Detroit Rd, Elyria, OH 44035
4407233059
Union Home Mortgage
5061 Abbe Rd N, Elyria, OH 44035
4409337001
Mike LaManna at Citywide (NMLS #1626813)
347 Midway Blvd SUITE #200, Elyria, OH 44035
4402664361
Union Home Mortgage - Bill DiCapua
5061 Abbe Rd N STE 4, Elyria, OH 44035
4403288433
American Midwest Mortgage Corporation
10247 Dewhurst Rd, Elyria, OH 44035
4406660600
US Bank Mortgage
455 Midway Blvd, Elyria, OH 44035
8008722657
Greyhouse Finance
42857 N Ridge Rd, Elyria, OH 44035
4408658251

What Does a Reverse Mortgage Specialist in Elyria Cost?

Typical costs for a reverse mortgage specialist in Ohio include an origination fee of up to 2 percent of the first 200,000 dollars of the home value plus 1 percent of the amount above 200,000 dollars. Closing costs such as appraisal, title search, and recording fees range from 2,000 to 5,000 dollars. An upfront mortgage insurance premium of 2 percent of the appraised value is also required. These costs are usually financed into the loan. 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 Elyria Ohio?
Borrowers must be at least 62 years old. If a married couple applies, both spouses must meet the age requirement. Ohio law does not allow exceptions to this federal HUD rule.
Do I need counseling before getting a reverse mortgage in Ohio?
Yes. Ohio requires all reverse mortgage applicants to complete a counseling session with a HUD-approved counselor. The session covers loan terms, costs, and alternatives. You must receive a signed certificate before the lender can process your loan.