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Directory of reverse mortgage specialists in Salem, Oregon. Verify credentials with the state mortgage licensing authority before hiring.
20 agents listed
Updated May 2026
Salem, OR
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 20 reverse mortgage specialists in Salem, 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.
Mortgage First
1761 Liberty St SE, Salem, OR 97302
5035883511
Traci Putnam The Benjamin Group powered by CrossCountry Mortgage
1665 Liberty St SE #200, Salem, OR 97302
9715997746
American Dream Home Mortgage | powered by Advantage Mortgage Inc.
471 Lancaster Dr NE, Salem, OR 97301
5032665800
Guild Mortgage - Justin Morris
245 Commercial St SE Suite 140 & 150, Salem, OR 97301
5039494380
Synergy One Lending - James & Travis
3240 Commercial St SE Suite 120, Salem, OR 97302
5039314490
Mortgage Marketplace LLC
3723 Fairview Industrial Dr SE Suite 190, Salem, OR 97302
5032101480
Mortgage Marketplace LLC - Mike Gillett, NMLS# 362285
3723 Fairview Industrial Dr SE Suite 190, Salem, OR 97302
5035108780
Sensible Mortgage, LLC
388 State St Suite 975, Salem, OR 97301
5039907486
Resident Lending Group
1230 Liberty St NE, Salem, OR 97301
5035891999
Neighborhood Mortgage Group, NMLS # 2824957
695 Ben Vista Dr S, Salem, OR 97302
5034093933
Lisa McCormick at CrossCountry Mortgage, LLC
1665 Liberty St SE #200, Salem, OR 97302
5039312185
Guild Mortgage - Buddy Puckett
245 Commercial St SE Suite 140 & 150, Salem, OR 97301
5038518031
Capital Mortgage Source NMLS#2320694 | Tasha Brandon NMLS #1454750
285 Liberty St NE Suite 202, Salem, OR 97301
5412247090
Envoy Mortgage - Salem, OR
2925 River Rd S Suite 270, Office# 7, Salem, OR 97302
5039106663
Fairway Independent Mortgage Corporation
4985 Battle Creek Rd SE, Salem, OR 97302
5033635626
Lighthouse Financial Enterprises, Inc.
110 Wallace Rd NW, Salem, OR 97304
5034859500
Mortgage Marketplace LLC - Stacy Martinez
3723 Fairview Industrial Dr SE #190, Salem, OR 97302
5035603060
Mighty Mortgage Home Loans
2195 Hyacinth St NE #191, Salem, OR 97301
5039491893
Rock River Financial, Inc
388 State St #500, Salem, OR 97301
5033168000
Jordan Keck
5955 Shoreview Ln N, Salem, OR 97303
5412704094
A reverse mortgage specialist in Salem Oregon helps seniors access home equity through a Home Equity Conversion Mortgage (HECM). Oregon law requires a mandatory counseling session with a HUD-approved counselor before you can apply. This type of loan allows homeowners aged 62 and older to convert part of their home equity into tax-free funds without selling the property.
What Does a Reverse Mortgage Specialist in Salem Cost?
Typical costs for a reverse mortgage specialist in Oregon include an origination fee of up to 2 percent of the home value (capped at USD 6,000), a mortgage insurance premium of 2 percent of the appraised value, and third-party fees for appraisal, title search, and recording. Total closing costs often range from USD 3,000 to USD 8,000. These costs can be financed into the loan. 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 are the eligibility requirements for a reverse mortgage in Salem Oregon?
You must be at least 62 years old and own your home outright or have a low mortgage balance. The property must be your primary residence. Oregon law also requires you to complete a HUD-approved counseling session before the loan can proceed.
Are reverse mortgage proceeds taxable in Oregon?
No, reverse mortgage proceeds are not considered income for federal or Oregon state tax purposes. However, interest on the loan is not deductible until you pay it back. You should consult a tax professional for your specific situation.
What happens to the reverse mortgage if I move out of Salem or sell my home?
If you sell the home or move out permanently, the loan becomes due and payable. You or your heirs must repay the loan balance, which includes principal and accrued interest. Any remaining equity after repayment belongs to you or your estate.
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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 Oregon.