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Find Reverse Mortgage Specialists in Stevens Point, WI

Browse reverse mortgage specialists serving Stevens Point, Wisconsin. Contact information and addresses listed below.

4 agents listed
Updated May 2026
Stevens Point, 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 4 reverse mortgage specialists in Stevens Point, 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.
Imagine Home Lending
5424 US-10 Suite C, Stevens Point, WI 54482
7155446400
Waterstone Mortgage Corporation
1501 Clark St Suite N, Stevens Point, WI 54481
9207505004
Mortgage Experts powered by Novus Home Mortgage
5569 US-10 Suite 2, Stevens Point, WI 54482
7155441234
Jake Heyroth at Rate (NMLS #502454)
5569 US-10 # A, Stevens Point, WI 54482
3127521374

A reverse mortgage specialist in Stevens Point Wisconsin helps homeowners aged 62 and older convert home equity into loan proceeds. Wisconsin law requires borrowers to complete HUD-approved counseling before obtaining a Home Equity Conversion Mortgage (HECM). Specialists guide clients through this process and explain how the loan affects estate planning and local property taxes.

What Does a Reverse Mortgage Specialist in Stevens Point 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 title and recording. Total closing costs often range from 2,000 to 8,000 dollars depending on the home value and loan type. These costs 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 age requirements for a reverse mortgage in Stevens Point Wisconsin?
Borrowers must be at least 62 years old. All homeowners on the title must meet this age requirement. The home must be the primary residence of the borrower.
Is counseling required for a reverse mortgage in Wisconsin?
Yes, Wisconsin law requires borrowers to complete a HUD-approved counseling session before applying. The counselor explains loan terms costs and alternatives. This session helps ensure the borrower understands the commitment.
Can a reverse mortgage affect my Wisconsin property taxes?
Yes, a reverse mortgage does not eliminate property tax obligations. In Wisconsin, you must continue to pay property taxes and homeowners insurance. Failure to pay can lead to loan default and foreclosure.