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 Oregon before hiring.
Showing 11 reverse mortgage specialists in Pendleton, OR
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Guild Mortgage - Elaine Anderson
112 S Main St, Pendleton, OR 97801
5413042069
American Pacific Mortgage - Pendleton, OR
33 SE Dorion Ave, Pendleton, OR 97801
5413794030
OneMain Financial
1730 SW Court Ave, Pendleton, OR 97801
5412761257
Guild Mortgage Company
112 S Main St, Pendleton, OR 97801
5413042069
Westcorp Mortgage Group
230 S Main St, Pendleton, OR 97801
5037896362
Kurt Hendrix, SWBC Mortgage
33 SE Dorion Ave, Pendleton, OR 97801
5413798338
Greg Galloway, Finance of America Mortgage LLC
33 SE Dorion Ave, Pendleton, OR 97801
5417432950
Greg Galloway and Chris McClellan Team at American Pacific Mortgage (NMLS 404584)
33 SE Dorion Ave, Pendleton, OR 97801
5413771345
Christopher McClellan, Finance of America Mortgage LLC
33 SE Dorion Ave, Pendleton, OR 97801
5413794030
Rhian Erickson - Banner Bank Residential Loan Officer
125 SE Court Ave, Pendleton, OR 97801
5412159373
Guild Mortgage - Emily Wellington
112 S Main St, Pendleton, OR 97801
5413292069
What Does a Reverse Mortgage Specialist in Pendleton Cost?
Typical costs for a reverse mortgage in Oregon 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 such as appraisal ($400 to $800) and title insurance. Closing costs generally range from $2,000 to $8,000 depending on the loan amount and property value. 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 Pendleton Oregon?
Borrowers must be at least 62 years old. All homeowners listed on the title must meet this age requirement. Oregon law does not add any additional age restrictions beyond the federal HECM rules.
Do I need counseling before getting a reverse mortgage in Oregon?
Yes. Oregon requires all reverse mortgage applicants to complete a counseling session with a HUD-approved agency. The session explains loan terms, costs, and alternatives. Counseling typically takes one to two hours and can be done by phone or in person.
Can I lose my home with a reverse mortgage in Pendleton?
You can lose your home if you fail to pay property taxes or homeowners insurance, or if you do not maintain the property. Oregon law requires lenders to provide a notice and a cure period before foreclosure. You must continue to occupy the home as your primary residence.