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 Wisconsin before hiring.
Showing 8 reverse mortgage specialists in Chippewa Falls, WI
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Check `n Go
339 E Prairie View Rd, Chippewa Falls, WI 54729
7157201111
Security Finance
475 Chippewa Mall Dr #145, Chippewa Falls, WI 54729
7157207940
Chippewa Valley Financial Services LLC
621 W Park Ave, Chippewa Falls, WI 54729
7157237009
Northwestern Bank - Chippewa Falls Branch
202 N Bridge St, Chippewa Falls, WI 54729
7157234461
Edward Jones - Financial Advisor: Debi Waldusky, AAMS®|CRPC™
345 Frenette Dr Suite 5, Chippewa Falls, WI 54729
7157268923
Brady Zwiefelhofer - Thrivent
705 Bay St # 2D, Chippewa Falls, WI 54729
7155141540
Chippewa Reifnance Home
15 Taylor St, Chippewa Falls, WI 54729
8555498591
US Bank Mortgage
1660 County Hwy OO, Chippewa Falls, WI 54729
8008722657
What Does a Reverse Mortgage Specialist in Chippewa Falls Cost?
Typical costs for a reverse mortgage specialist in Wisconsin include an origination fee of up to 2 percent of the home value or 6000 dollars whichever is less. Third party costs such as appraisal title insurance and recording fees range from 1500 to 4000 dollars. Wisconsin also charges a mortgage recording tax of 0.30 cents per 100 dollars of the loan amount. These 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 qualifications does a reverse mortgage specialist need in Wisconsin?
In Wisconsin a reverse mortgage specialist must be a licensed mortgage loan originator. They must also complete annual continuing education on reverse mortgage products. The specialist should be familiar with Wisconsin statutes like Chapter 138 regarding reverse mortgage disclosures.
How does Wisconsin law affect reverse mortgage proceeds?
Wisconsin law allows reverse mortgage proceeds to be used for any purpose but requires a 30-day rescission period after closing. Borrowers must also receive a Wisconsin-specific disclosure about tax and insurance obligations. Proceeds may affect eligibility for Wisconsin homestead credit or Medicaid benefits.