Schenectady Reverse Mortgage

Seniors 62 or older who need extra funds or simply interested in tapping into the equity in their home through a New York reverse mortgage, will notice that fees in Schenectady have dropped due to more and more banks competiting for their business. The closing cost of a New York reverse mortgage has almost been cut in half. A reverse mortgage is a more common term for a Home Equity Conversion Mortgage (HECM). Here are a list of a few HECM lenders in the Schenectady County area.


Schenectady HECM Lenders

There are a number of factors that affect whether or not you qualify for a reverse mortgage in Schenectady. If you have an existing mortgage, you may not be able to qualify for a HECM/reverse mortgage. Contact a professional to discuss your options.

Schenectady, NY has an estimated population of 61506.

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1) Bank of America Mortgage
579 Troy Schenectady Rd, Ste 206, Latham, NY
(518) 786-3600
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2) Wells Fargo Home Mortgage
950 New Loudon Rd, #106, Latham, NY
(518) 782-3600
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3) Wells Fargo Home Mortgage
950 New Loudon Rd, Ste 106, Latham, NY
(518) 783-2067
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4) Bank of America Mortgage
90 East Ave, Saratoga Springs, NY
(518) 226-4070
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5) Wells Fargo Home Mortgage
96 Ballston Ave, Saratoga Springs, NY
(518) 587-3527
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6) Wells Fargo Home Mortgage
71 Glenwood Ave, Queensbury, NY
(518) 793-7291
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7) Wells Fargo Home Mortgage
33 Park St, Glens Falls, NY
(518) 793-3908
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8) Wells Fargo Home Mortgage
1 Crossgates Mall Rd, Albany, NY
(518) 456-7194
(0 reviews)
9) Homestead Funding Corporation
8 Airline Dr, #200, Albany, NY
(518) 464-1100
(0 reviews)
10) Prospect Mortgage LLC
12 Century Hill Dr, #2, Latham, NY
(518) 782-5211

National reverse mortgage companies such as Bank of America, Citi, Wells Fargo and Wachovia are part of the mortgage network.