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Browse reverse mortgage specialists serving Solon, Ohio. Contact information and addresses listed below.
7 agents listed
Updated May 2026
Solon, 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 Solon, 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.
Edward Jones - Financial Advisor: David J Grossman
28500 Miles Rd Suite H, Solon, OH 44139
4404967987
Reverse mortgage specialists in Solon Ohio help homeowners aged 62 and older access home equity without monthly payments. Ohio law requires borrowers to complete HUD-approved counseling before applying for a Home Equity Conversion Mortgage (HECM). Solon residents benefit from local specialists who understand Cuyahoga County property values and Ohio foreclosure protections.
What Does a Reverse Mortgage Specialist in Solon Cost?
Typical costs for a reverse mortgage in Ohio include an origination fee (up to $6,000), a mortgage insurance premium (2% of the home value upfront plus 0.5% annually), and third-party fees like appraisal and title search. Total closing costs usually range from $2,000 to $8,000 depending on the home value and lender. These costs can be financed into the loan. This information is general and does not constitute 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 Solon Ohio?
Borrowers must be at least 62 years old. If there are co-borrowers, the youngest borrower must meet this age requirement. Ohio law does not allow a reverse mortgage for anyone under 62.
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 happen before you can submit a loan application. The counselor explains the loan terms and alternatives.
What happens to the loan if I move out of my Solon home?
If you permanently move out of your Solon home, the reverse mortgage becomes due and payable. You have 12 months under Ohio law to sell the home or pay off the loan. The lender cannot force a sale during this time if you are working to resolve the loan.
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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.