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Find Reverse Mortgage Specialists in New Berlin, WI
Looking for a reverse mortgage specialist in New Berlin? Review the directory below to compare your options.
2 agents listed
Updated May 2026
New Berlin, WI
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 2 reverse mortgage specialists in New Berlin, 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.
Fairway Independent Mortgage Corporation
5000 Towne Dr Suite #120, New Berlin, WI 53151
2622141150
Larry Juszczak Mortgage Broker Reverse Mortgages
15350 W National Ave suite 112, New Berlin, WI 53151
4146887805
A reverse mortgage specialist in New Berlin, Wisconsin can help homeowners aged 62 and older access home equity without monthly payments. Wisconsin law requires borrowers to complete a HUD-approved counseling session before obtaining a reverse mortgage. Specialists guide clients through the process and explain how the loan affects property taxes and estate plans.
What Does a Reverse Mortgage Specialist in New Berlin 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 for appraisal and title work. Total closing costs often range from 2,000 to 8,000 dollars. Costs vary by loan type and property value. 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 are the age requirements for a reverse mortgage in New Berlin Wisconsin?
Borrowers must be at least 62 years old. If married, the younger spouse must also meet the age requirement to be a co-borrower. Wisconsin law does not change this federal age minimum.
Do I need counseling to get a reverse mortgage in Wisconsin?
Yes, Wisconsin requires all reverse mortgage borrowers to attend a counseling session with a HUD-approved counselor. This session must happen before you can apply for the loan. The counselor explains costs, risks, and alternatives.
Can I lose my home with a reverse mortgage in New Berlin?
You can lose your home if you fail to pay property taxes, homeowners insurance, or maintain the property. Wisconsin law gives lenders the right to foreclose if these obligations are not met. You must also continue to live in the home as your primary residence.
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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 Wisconsin.