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 8 reverse mortgage specialists in North Ridgeville, 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.
Matthew Nelson at CrossCountry Mortgage
38850 Center Ridge Rd Suite #2, North Ridgeville, OH 44039
4405271099
Southwest Funding
35590 Center Ridge Rd #207, North Ridgeville, OH 44039
4409890129
Donald Galvin at CrossCountry Mortgage
38850 Center Ridge Rd Suite #2, North Ridgeville, OH 44039
4402623899
American Home Mortgage, LLC
35888 Center Ridge Rd Ste 8A, North Ridgeville, OH 44039
4408088392
Dave Zwierecki - CrossCountry Mortgage
38850 Center Ridge Rd Suite #2, North Ridgeville, OH 44039
4402530617
Team Galvin at CrossCountry Mortgage
38850 Center Ridge Rd Suite #2, North Ridgeville, OH 44039
4402623899
Your Home Financial LLC
36178 Center Ridge Rd, North Ridgeville, OH 44039
8663199504
Fifth Third Mortgage - Robert Cramer
32800 Center Ridge Rd, North Ridgeville, OH 44039
4403274053
What Does a Reverse Mortgage Specialist in North Ridgeville Cost?
Reverse mortgage costs in Ohio include an origination fee typically 2 percent of the home value up to 6000 dollars a mortgage insurance premium equal to 2 percent of the appraised value and third-party fees for appraisal title and recording. Closing costs in North Ridgeville usually range from 3000 to 8000 dollars depending on the loan amount and lender. This is general information 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 in North Ridgeville do?
A specialist explains how reverse mortgages work helps you compare lenders and coordinates the mandatory HUD counseling session. They also review Ohio property tax deferral options that may reduce your loan balance.
Do I need counseling before getting a reverse mortgage in Ohio?
Yes Ohio law requires all borrowers to complete a counseling session with a HUD-approved agency before submitting a loan application. The counselor explains loan terms costs and alternatives. The session usually costs around 125 dollars but some agencies waive the fee for low-income homeowners.
What are the age and equity requirements for a reverse mortgage in North Ridgeville?
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. Ohio law does not set additional age limits but lenders follow federal HECM rules.