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 Pennsylvania before hiring.
Showing 11 reverse mortgage specialists in Greensburg, PA
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Mariner Finance
5142 US-30 Ste. 102, Greensburg, PA 15601
7249720201
Westmoreland Home Mortgage, LLC
432 Frye Farm Rd, Greensburg, PA 15601
7248794141
Lendmark Financial Services LLC
5105 US-30 A, Greensburg, PA 15601
7242613080
Senior Estate Associates
440 Pellis Rd Ste 2, Greensburg, PA 15601
8775387878
CAPTRUST
542 Rugh St Suite 1000, Greensburg, PA 15601
7248308800
The Henry Group - Ameriprise Financial Services, LLC
232 W Otterman St, Greensburg, PA 15601
7246000170
Merrill Lynch Wealth Management
1225 S Main St Suite 401, Greensburg, PA 15601
7248328300
Homestead Funding Corp. – Greensburg
430 Pellis Rd Suite 1A Office 1, Greensburg, PA 15601
7247723333
AJM Home Mortgage Loans, Inc
4764 US-30 #7, Greensburg, PA 15601
7242383405
PA Pinnacle Corp
125 Theobold Ave # 11, Greensburg, PA 15601
7248327353
PNC Mortgage
200 Greengate Center Cir, Greensburg, PA 15601
7248377170
What Does a Reverse Mortgage Specialist in Greensburg Cost?
Typical costs for a reverse mortgage specialist in Pennsylvania include an origination fee of up to 2 percent of the home value capped at 6000 dollars. Third-party costs such as appraisal title insurance and recording fees range from 2000 to 5000 dollars. HUD requires an upfront mortgage insurance premium of 2 percent of the loan amount plus annual premiums. Costs vary by situation and loan type. 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 age requirements for a reverse mortgage in Greensburg Pennsylvania?
Borrowers must be at least 62 years old. All homeowners on the title must meet this age requirement. The home must be the primary residence of the borrower.
Do I have to repay a reverse mortgage in Pennsylvania if I move out?
Yes, the loan becomes due when the last borrower permanently leaves the home. This includes moving to a nursing home or selling the property. Pennsylvania law gives a 12-month deferral period for non-borrowing spouses in some cases.
Are reverse mortgage proceeds taxable in Pennsylvania?
No, reverse mortgage proceeds are not considered income by the IRS or Pennsylvania Department of Revenue. They do not affect Social Security or Medicare benefits. However, they may impact Medicaid eligibility.