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 10 reverse mortgage specialists in Lebanon, 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.
AnnieMac Home Mortgage
1518 Cumberland St Suite 105, Lebanon, PA 17042
7176590289
HomeSale Mortgage
1402 Quentin Rd, Lebanon, PA 17042
7172869936
Lendmark Financial Services LLC
817 Bowman St, Lebanon, PA 17046
7177695990
Michael Ciresi at CrossCountry Mortgage
1518 Cumberland St Office 105, Lebanon, PA 17042
8777731226
Mike Folkemer at CrossCountry Mortgage, LLC- Lebanon, PA
526 Cumberland St Suite 2, Lebanon, PA 17042
7176590289
Edward Jones - Financial Advisor: Craig M Lowrie
2120 Cornwall Rd Suite 3, Lebanon, PA 17042
7176475008
Gerhart Financial Services
400 S 12th St, Lebanon, PA 17042
7172748790
Sara Fenstermaker at CrossCountry Mortgage
1640 Cornwall Rd, Lebanon, PA 17042
5707724272
National City Mortgage
102 Fairview Cir, Lebanon, PA 17042
7172723797
Edward Jones - Financial Advisor: Nate Lowrie, CFP®
711 Poplar St, Lebanon, PA 17042
7172748391
What Does a Reverse Mortgage Specialist in Lebanon Cost?
Typical costs for a reverse mortgage specialist in Pennsylvania include an origination fee of up to 2 percent of the home value, a mortgage insurance premium of 2 percent of the appraised value, and third-party fees for appraisal, title search, and credit report. These fees often total between 3,000 and 8,000 dollars but 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 does a reverse mortgage specialist do in Lebanon Pennsylvania?
A specialist explains how reverse mortgages work, helps you apply, and coordinates with HUD-approved counselors. They also review Pennsylvania-specific rules, such as the requirement that borrowers must continue paying property taxes and homeowners insurance.
Who is eligible for a reverse mortgage in Pennsylvania?
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. Pennsylvania law does not add extra age or income requirements beyond federal HUD rules.
Are reverse mortgage proceeds taxable in Pennsylvania?
Loan proceeds from a reverse mortgage are not considered income for federal or Pennsylvania state tax purposes. However, interest may be deductible when you file your taxes. Consult a tax professional for your specific situation.