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 Delafield, 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.
The Best Home Mortgage LLC
2301 Sun Valley Dr #204, Delafield, WI 53018
2623709231
First Fidelity Home Mortgage of Wisconsin, LLC
2301 Sun Valley Dr suite 319, Delafield, WI 53018
2626509890
Nathan Julius - Churchill Mortgage, NMLS 2613390
385 Williamstowne Suite 203, Delafield, WI 53018
2623495125
MadisonMortgageGuys
2301 Sun Valley Dr suite 102 office 112, Delafield, WI 53018
2623050680
Churchill Mortgage
385 Williamstowne Suite 203, Delafield, WI 53018
4147329512
A+ Mortgage Services, Inc. (NMLS#259353)
19 Crossroads Ct #200, Delafield, WI 53018
2622326100
Presus Mortgage
3960 Hillside Dr Ste 103, Delafield, WI 53018
4148527317
Churchill Mortgage - Delafield
385 Williamstowne Suite 203, Delafield, WI 53018
4145626510
What Does a Reverse Mortgage Specialist in Delafield Cost?
Typical costs for a reverse mortgage specialist in Wisconsin 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. These fees can total 3000 to 8000 dollars depending on the home value and lender. 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 age requirements for a reverse mortgage in Delafield Wisconsin?
Borrowers must be at least 62 years old. All owners on the title must meet this age requirement. Wisconsin law does not allow exceptions to this rule.
Do I need counseling before getting a reverse mortgage in Wisconsin?
Yes. Wisconsin law requires all reverse mortgage applicants to complete a counseling session with a HUD approved counselor. The session must occur before you submit a loan application.
How does a reverse mortgage affect my heirs in Wisconsin?
Heirs can keep the home by paying off the loan balance or selling the property. If the loan balance exceeds the home value, heirs are not required to pay more than the home is worth under Wisconsin law.