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Reverse Mortgage Specialists in New Philadelphia, OH
Browse reverse mortgage specialists serving New Philadelphia, Ohio. Contact information and addresses listed below.
7 agents listed
Updated May 2026
New Philadelphia, 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 New Philadelphia, 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.
Eagle Loan
515 Mill Ave SE, New Philadelphia, OH 44663
3304400005
Republic State Mortgage
123 4th St SW, New Philadelphia, OH 44663
3303394335
TuscValley Financial Inc.
111 Front Ave SE, New Philadelphia, OH 44663
3303438900
Daniel Long
123 4th St SW, New Philadelphia, OH 44663
3303394335
Edward Jones - Financial Advisor: Paul R Gorgas, CFP®|AAMS®
130 2nd St NW, New Philadelphia, OH 44663
3303397773
PNC Mortgage
245 W High Ave, New Philadelphia, OH 44663
3303396666
Chase Mortgage
141 E High Ave, New Philadelphia, OH 44663
3303647242
Reverse mortgage specialists in New Philadelphia Ohio help homeowners aged 62 and older access home equity without monthly payments. Ohio law requires borrowers to complete a counseling session with a HUD-approved counselor before obtaining a reverse mortgage. Local specialists can explain how a reverse mortgage may affect your estate and heirs under Ohio property laws.
What Does a Reverse Mortgage Specialist in New Philadelphia Cost?
Reverse mortgage costs in Ohio typically include an origination fee up to 2 percent of the home value, a mortgage insurance premium of 2 percent of the appraised value, and third-party fees such as appraisal and title search. For a home valued at $200,000, total upfront costs might range from $6,000 to $10,000. Ongoing costs include annual mortgage insurance premiums of 0.5 percent of the loan balance. These costs can be 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 New Philadelphia Ohio?
You must be at least 62 years old to qualify for a reverse mortgage in Ohio. All borrowers listed on the title must meet this age requirement. The home must also be your primary residence.
Do I need to complete counseling before getting a reverse mortgage in Ohio?
Yes, Ohio law requires all borrowers to attend a counseling session with a HUD-approved counselor. This session covers loan terms, costs, and alternatives. The counselor must provide a certificate of completion before the loan can proceed.
Can I lose my home with a reverse mortgage in New Philadelphia?
You can lose your home if you fail to pay property taxes or homeowners insurance, or if you move out of the home for more than 12 months. Ohio law gives you a right to cure a default within a specific timeframe. Always discuss these risks with your specialist.
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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.