Find Reverse Mortgage Specialists in Green Bay, WI
Directory of reverse mortgage specialists in Green Bay, Wisconsin. Verify credentials with the state state mortgage licensing authority before hiring.
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 Wisconsin before hiring.
Showing 19 reverse mortgage specialists in Green Bay, 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.
Reverse mortgage specialists in Green Bay Wisconsin help homeowners aged 62 and older convert home equity into cash. Wisconsin law requires borrowers to complete HUD-approved counseling before applying for a Home Equity Conversion Mortgage HECM. Specialists guide clients through the process including loan options and repayment rules specific to Wisconsin.
What Does a Reverse Mortgage Specialist in Green Bay Cost?
Typical costs for a reverse mortgage in Wisconsin include an origination fee up to 6000 dollars a mortgage insurance premium of 2 percent of the home value and third party fees like appraisal and title search. Closing costs often range from 2000 to 8000 dollars depending on the loan amount and property value. These costs are usually 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 age requirements for a reverse mortgage in Green Bay Wisconsin?
Borrowers must be at least 62 years old. All homeowners on the title must meet this age requirement. Wisconsin law does not have additional age restrictions beyond federal HUD rules.
Do I need counseling before getting a reverse mortgage in Wisconsin?
Yes Wisconsin law requires all borrowers to complete a counseling session with a HUD-approved counselor. This session must happen before you submit your application. The counselor explains loan terms costs and alternatives.
Can I lose my home with a reverse mortgage in Green Bay?
You can lose your home if you fail to pay property taxes or homeowners insurance or if you stop living in the home as your primary residence. Wisconsin law gives you a right to cure any default within a specific timeframe. Always discuss these risks with your specialist.