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Find Reverse Mortgage Specialists Near You in Parkersburg, WV
Looking for a reverse mortgage specialist in Parkersburg? Review the directory below to compare your options.
7 agents listed
Updated May 2026
Parkersburg, WV
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 West Virginia before hiring.
Showing 7 reverse mortgage specialists in Parkersburg, WV
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
OneMain Financial
2837 Pike St Ste 2B, Parkersburg, WV 26101
3044891948
Consumer Credit Counseling Service of the Mid-Ohio Valley
2435 Dudley Ave, Parkersburg, WV 26101
3044853141
North Bend Wealth Management
417 Grand Park Dr Suite 102, Parkersburg, WV 26105
6815885147
Lang Financial - Parkersburg
2519 Ohio Ave, Parkersburg, WV 26101
3049737526
Northwestern Mutual of Parkersburg WV
2519 Ohio Ave, Parkersburg, WV 26101
3044225424
PNC Mortgage
2510 Murdoch Ave, Parkersburg, WV 26104
3044224276
American Home Mortgage
417 Grand Park Dr # 106, Parkersburg, WV 26105
3044285627
A reverse mortgage specialist in Parkersburg, West Virginia helps homeowners aged 62 and older convert part of their home equity into cash without selling their home. In West Virginia, borrowers must complete a counseling session with a HUD-approved counselor before obtaining a Home Equity Conversion Mortgage (HECM). Parkersburg residents can use these funds for home repairs, medical expenses, or supplementing retirement income.
What Does a Reverse Mortgage Specialist in Parkersburg Cost?
Typical costs for a reverse mortgage in West Virginia include an origination fee (up to $6,000), a mortgage insurance premium (2% of the appraised value upfront plus 0.5% annually), appraisal fees ($400 to $800), and closing costs ($1,500 to $3,000). Total costs often range from $8,000 to $15,000 but can be 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 are the eligibility requirements for a reverse mortgage in West Virginia?
Borrowers must be at least 62 years old, own their home outright or have a low mortgage balance, and live in the home as their primary residence. The home must be a single-family property, a HUD-approved condominium, or a manufactured home that meets FHA standards. A financial assessment is also required.
Do I need counseling before getting a reverse mortgage in Parkersburg?
Yes, West Virginia law requires all borrowers to receive counseling from a HUD-approved independent counselor before applying for a reverse mortgage. This session covers loan costs, payment options, and alternatives. The counselor will help you understand your obligations and risks.
Can I lose my home with a reverse mortgage in West Virginia?
You can lose your home if you fail to pay property taxes, homeowners insurance, or maintain the property. You must also continue living in the home as your primary residence. If you move out for more than 12 consecutive months, the loan becomes due.
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BeforeMortgageUSA.com is not a mortgage referral service, or financial advice provider. No broker-client relationship is formed by submitting a form or using this site. We do not endorse, recommend, or vouch for the qualifications of any broker. Past results do not guarantee future outcomes. Each case is different. Verify broker credentials with your state mortgage licensing authority before hiring.
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 West Virginia.