Compare Reverse Mortgage Specialists in Plymouth Meeting, PA
Looking for a reverse mortgage specialist in Plymouth Meeting? Review the directory below to compare your options.
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
State Mortgage Licensing Authority of Pennsylvania before hiring.
Showing 7 reverse mortgage specialists in Plymouth Meeting, 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.
What Does a Reverse Mortgage Specialist in Plymouth Meeting Cost?
Typical costs for a reverse mortgage 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 such as appraisal and title search ranging from 500 to 1,500 dollars. Total closing costs often range from 5,000 to 15,000 dollars depending on the loan amount and property value. 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 Plymouth Meeting?
Borrowers must be at least 62 years old. All owners on the title must meet this age requirement under HUD rules for HECM loans in Pennsylvania.
Do I need counseling before getting a reverse mortgage in Pennsylvania?
Yes, Pennsylvania law requires all borrowers to complete a counseling session with a HUD-approved counselor before applying. This session explains loan terms, costs, and alternatives.