Compare top reverse mortgage lenders in Montana.
Receive multiple quotes for a reverse mortgage and win!
What is a reverse mortgage?
HECM stands for home equity conversion mortgage. Reverse mortgages allow for seniors to release a portion of the home’s equity to eliminate any existing mortgage payments. HECM’s are unique in that there are no monthly mortgage payments required – no other program has this unique feature.
More than 600,000 seniors have taken out a reverse mortgage loan to improve their retirement, your not alone.
Compare HECM Lenders in MT for free with RMLD – Let us find you the best program.
Seniors in MT qualify for a reverse mortgage if…
- they are 62 years of age or older
- own their homes
- have equity available in the property
- can afford to pay for the home’s property taxes and insurance
- have never defaulted on governemnt insured loans
I qualify for the HECM reverse mortgage how does this program improve my retirement?
- improve your retirement qualify by having access to your equity today
- no more mortgage payments while you are living in the home
- interest rates are at all time low’s
- ability to spend the equity as you wish – no restrictions are placed on the funds
- no taxes are applied to the equity you release
“There is no other program which allows seniors to access their home’s equity without having payment in retirement.”
How Does the Reverse Mortgage Work in Montana?
You have worked hard your entire life to build up your home’s equity, insn’t it time that your home paid you back? Well, FHA (Federal Housing Administration) insures the HECM reverse mortgage which allows you to use your home as a tool to fund your retirement.
Many seniors are still having to pay each month a mortgage payment this is seriously impacting the quality of those seniors retirement. What if you could use all the built up equity in your home to generate a new income source, this would greatly improve the quality of your retirement.
This is what the reverse mortgage program was designed for. Seniors are taking advantage of the low interest rate enviroment and the ability to qualify for a reverse mortgage loan without having income or credit scores to meet. There are no payments to be made (you are only responsible for the property taxes, insurance, and home maintanance expenses). It will cost you $0 to find our your options give us a call today.
Snapshot of Montana
975 K
Population
$99,500
Median Home Value
69%
Home Ownership Rate
15%
Percent PopulationOver 65
Find Your City to Compare State and National Averages
| LOCATION | POPULATION | MED. HOME VALUE | HOME OWNERSHIP RATE | % POPULATION OVER 65 |
|---|---|---|---|---|
| USA | 307,006,550 | $119,600 | 66% | 13% |
| Montana | 974,989 | $99,500 | 69% | 15% |
| Billings | 100,148 | $99,900 | 64% | 15% |
| Bozeman | 35,061 | $137,300 | 43% | 8% |
| Great Falls | 56,215 | $92,000 | 63% | 16% |
| Helena | 27,885 | $113,000 | 57% | 14% |
| Missoula | 64,081 | $132,500 | 50% | 10% |
Find a Local Reverse Mortgage Lender/Bank/Broker in Montana
A
Absarokee · Acton · Alberton · Alder · Alzada · Anaconda · Angela · Antelope · Arlee · Ashland · Augusta · Avon
B
Babb · Bainville · Baker · Ballantine · Basin · Bearcreek · Belfry · Belgrade · Belt · Biddle · Big Arm · Big Sandy · Big Sky · Big Timber · Bigfork · Bighorn · Billings · Birney · Black Eagle · Bloomfield · Bonner · Boulder · Box Elder · Boyd · Boyes · Bozeman · Brady · Bridger · Broadus · Broadview · Brockton · Brockway · Browning · Brusett · Buffalo · Busby · Butte · Bynum
C
Cameron · Canyon Creek · Capitol · Cardwell · Carter · Cascade · Cat Creek · Charlo · Chester · Chinook · Choteau · Circle · Clancy · Clinton · Clyde Park · Coffee Creek · Cohagen · Colstrip · Columbia Falls · Columbus · Condon · Conner · Conrad · Cooke City · Coram · Corvallis · Craig · Crane · Creston · Crow Agency · Culbertson · Custer · Cut Bank
D
Dagmar · Darby · Dayton · De Borgia · Decker · Deer Lodge · Dell · Denton · Dillon · Divide · Dixon · Dodson · Drummond · Dupuyer · Dutton
E
East Glacier Park · East Helena · Edgar · Ekalaka · Elliston · Elmo · Emigrant · Ennis · Essex · Ethridge · Eureka · Evergreen
F
Fairfield · Fairview · Fallon · Ferdig · Fishtail · Flaxville · Florence · Floweree · Forest Grove · Forsyth · Fort Benton · Fort Harrison · Fort Peck · Fort Shaw · Fort Smith · Fortine · Four Buttes · Fox · Frazer · Frenchtown · Froid · Fromberg
G
Galata · Gallatin Gateway · Gallatin Gtwy · Gardiner · Garneill · Garrison · Garryowen · Geraldine · Geyser · Gildford · Glasgow · Glen · Glendive · Glentana · Gold Creek · Grantsdale · Grass Range · Great Falls · Greenough · Greycliff
H
Hall · Hamilton · Hammond · Hardin · Harlem · Harlowton · Harrison · Hathaway · Haugan · Havre · Hays · Heart Butte · Helena · Helmville · Heron · Highwood · Hilger · Hingham · Hinsdale · Hobson · Hogeland · Homestead · Hot Springs · Hungry Horse · Huntley · Huson · Hysham
I
Ingomar · Inverness · Ismay
J
Jackson · Jefferson City · Joliet · Joplin · Jordan · Judith Gap
K
Kalispell · Kevin · Kila · Kinsey · Kremlin
L
Lake Mc Donald · Lake McDonald · Lakeside · Lambert · Lame Deer · Larslan · Laurel · Lavina · Ledger · Lewistown · Libby · Lima · Lincoln · Lindsay · Livingston · Lloyd · Lodge Grass · Lolo · Loma · Lonepine · Loring · Lothair · Lustre · Luther
M
Malmstrom A F B · Malta · Manhattan · Marion · Martin City · Martinsdale · Marysville · Mc Allister · Mc Leod · McCabe · Medicine Lake · Melrose · Melstone · Melville · Mildred · Miles City · Mill Iron · Milltown · Missoula · Moccasin · Moiese · Molt · Monarch · Montana City · Moore · Mosby · Musselshell
N
Nashua · Neihart · Niarada · Norris · Noxon · Nye
O
Oilmont · Olive · Olney · Opheim · Otter · Outlook · Ovando
P
Pablo · Paradise · Park City · Peerless · Pendroy · Philipsburg · Pinesdale · Plains · Plentywood · Plevna · Polaris · Polebridge · Polson · Pompey Pillar · Pompeys Pillar · Pony · Poplar · Potomac · Powderville · Power · Pray · Proctor · Pryor
R
Radersburg · Ramsay · Rapelje · Ravalli · Raymond · Raynesford · Red Lodge · Redstone · Reed Point · Reserve · Rexford · Richey · Richland · Ringling · Roberts · Rollins · Ronan · Roscoe · Rosebud · Roundup · Roy · Rudyard · Ryegate
S
Saco · Saint Ignatius · Saint Marie · Saint Mary · Saint Regis · Saint Xavier · Saltese · Sand Coulee · Sand Springs · Sanders · Santa Rita · Savage · Scobey · Seeley Lake · Shawmut · Shelby · Shepherd · Sheridan · Shonkin · Sidney · Silesia · Silver Gate · Silver Star · Simms · Somers · Sonnette · Springdale · Square Butte · St Ignatius · Stanford · Stevensville · Stockett · Stryker · Sula · Sumatra · Sun River · Sunburst · Superior · Swan Lake · Sweet Grass
T
Teigen · Terry · Thompson Falls · Three Forks · Toston · Townsend · Tracy · Trego · Trout Creek · Troy · Turner · Twin Bridges · Two Dot
U
Ulm
V
Valier · Vandalia · Vaughn · Victor · Vida · Virginia City · Volborg
W
Walkerville · Warm Springs · Washoe · West Glacier · West Yellowstone · Westby · White Sulphur Springs · Whitefish · Whitehall · Whitetail · Whitewater · Whitlash · Wibaux · Willard · Willow Creek · Wilsall · Winifred · Winnett · Winston · Wisdom · Wise River · Wolf Creek · Wolf Point · Worden · Wyola
Y
HUD’s list of approved HECM Counselors in Montana.
Counseling is mandatory in all states for those who wish to get a HECM loan.
| HECM Counseling Agency Roster as of 06/05/2013 (3 records were selected, 3 records displayed.) |
| Name | Agency ID | Address | Phone | Web Site |
| ADULT RESOURCE ALLIANCE OF YELLOWSTONE COUNTY | 84113 | 1505 AVENUE D BILLINGS, MT 59102-3024 |
(409) 259-5212 | http://www.AllianceYC.org |
| NEIGHBORWORKS GREAT FALLS | 80889 | 509 1ST AVE S GREAT FALLS, MT 59401-3604 |
(406) 761-5861 | http://www.nwgreatfalls.org/ |
| RURAL DYNAMICS, INC. DBA CCCS OF MT | 83254 | P O BOX 2326 2022 CENTRAL AVE GREAT FALLS, MT 59401-3900 |
(406) 761-8721 | http://cccsmt.org/ |
| AXIA FINANCIAL LLC 9 ELKHORN DR CLANCY, MT 59634 JEFFERSON County |
|||||
| Title II | |||||
| Approval Date: Jun 29, 2011 | [81 Areas Approved for Business] | ||||
| HECM: Yes | Originates 203K: No | ||||
| Telephone: (800) 574-7710 | FAX Number: (406) 545-5564 | ||||
| E-Mail Address: [email protected] | |||||
 GLACIER BANK 49 COMMONS LOOP KALISPELL, MT 59901 FLATHEAD County |
|||||
| Title II | |||||
| Approval Date: May 05, 1958 | [81 Areas Approved for Business] | ||||
| HECM: Yes | Originates 203K: No | ||||
| Telephone: (406) 756-4259 | FAX Number: (406) 756-4286 | ||||
| E-Mail Address: [email protected] | |||||
GUILD MORTGAGE COMPANY 490 N 31ST ST STE 130 BILLINGS, MT 59101 YELLOWSTONE County |
|||||
| Title II | |||||
| Approval Date: Feb 21, 2007 | [81 Areas Approved for Business] | ||||
| HECM: Yes | Originates 203K: No | ||||
| Telephone: (406) 252-2600 | FAX Number: (406) 237-0185 | ||||
| E-Mail Address: [email protected] | |||||
MANN MORTGAGE LLC 910 US HIGHWAY 93 E POLSON, MT 59860 LAKE County |
|||||
| Title II | |||||
| Approval Date: May 14, 2003 | [81 Areas Approved for Business] | ||||
| HECM: Yes | Originates 203K: No | ||||
| Telephone: (406) 883-1445 | FAX Number: (406) 883-1447 | ||||
| E-Mail Address: [email protected] | |||||
MANN MORTGAGE LLC 219 N 30TH ST BILLINGS, MT 59101 YELLOWSTONE County |
|||||
| Title II | |||||
| Approval Date: May 14, 2003 | [81 Areas Approved for Business] | ||||
| HECM: Yes | Originates 203K: No | ||||
| Telephone: (406) 245-6266 | FAX Number: (406) 256-5801 | ||||
| E-Mail Address: [email protected] | |||||
MANN MORTGAGE LLC 408 9TH ST S GREAT FALLS, MT 59405 CASCADE County |
|||||
| Title II | |||||
| Approval Date: May 14, 2003 | [81 Areas Approved for Business] | ||||
| HECM: Yes | Originates 203K: No | ||||
| Telephone: (406) 452-4252 | FAX Number: (406) 454-9981 | ||||
| E-Mail Address: [email protected] | |||||
MANN MORTGAGE LLC 1222 WHITEFISH STAGE KALISPELL, MT 59901 FLATHEAD County |
|||||
| Title II | |||||
| Approval Date: May 14, 2003 | [81 Areas Approved for Business] | ||||
| HECM: Yes | Originates 203K: No | ||||
| Telephone: (406) 751-6266 | FAX Number: (406) 751-6267 | ||||
| E-Mail Address: [email protected] | |||||
MANN MORTGAGE LLC 1220 WHITEFISH STAGE KALISPELL, MT 59901 FLATHEAD County |
|||||
| Title II | |||||
| Approval Date: Apr 19, 1990 | [81 Areas Approved for Business] | ||||
| HECM: Yes | Originates 203K: No | ||||
| Telephone: (406) 751-6250 | FAX Number: (406) 751-6253 | ||||
| E-Mail Address: [email protected] | |||||