Skip to main content

Reverse Mortgage Specialists in Barre, VT

Looking for a reverse mortgage specialist in Barre? Review the directory below to compare your options.

3 agents listed
Updated May 2026
Barre, VT
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 Vermont before hiring.
Showing 3 reverse mortgage specialists in Barre, VT Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Academy Mortgage
164 S Main St, Barre, VT 05641
8024791154
Reverse Mortgage Questions and Concepts
75 Abbott Ave, Barre, VT 05641
8022384216
Reverse Mortgage Questions and Concepts
75 Abbott Ave, Barre, VT 05641
8022384216

A reverse mortgage specialist in Barre, Vermont can help homeowners aged 62 and older access home equity without monthly payments. Vermont law requires that borrowers receive counseling from a HUD-approved agency before obtaining a Home Equity Conversion Mortgage. This process helps Barre residents understand their obligations and the impact on heirs.

What Does a Reverse Mortgage Specialist in Barre Cost?

Typical costs for a reverse mortgage in Vermont include an origination fee of up to 2 percent of the home value, mortgage insurance premiums of 2 percent upfront and 0.5 percent annually, and appraisal fees ranging from 400 to 800 dollars. Closing costs can total 3,000 to 8,000 dollars depending on the loan amount. These costs are often 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 is a reverse mortgage specialist in Barre?
A reverse mortgage specialist is a licensed professional who helps Vermont homeowners understand and apply for reverse mortgages. They guide clients through the HUD counseling requirement and explain how the loan affects property taxes and home equity.
Are there Vermont-specific rules for reverse mortgages?
Yes. Vermont requires mandatory counseling from a HUD-approved agency before you can close a reverse mortgage. The state also has protections against foreclosure for non-borrowing spouses, and lenders must follow Vermont consumer protection laws.
How do I choose a reverse mortgage specialist in Barre?
Look for a specialist who is licensed in Vermont and has experience with HECM loans. Check their standing with the Vermont Department of Financial Regulation and ask about their familiarity with local property values in Washington County.