Personal » Additional Resources » Reverse Mortgage FAQs

Are there any fees associated with obtaining a Reverse Mortgage?

Yes, most have application, origination and monthly servicing fees along with closing costs and insurance. These fees can be paid by adding them to the principal of the Reverse Mortgage and can be repaid when the mortgage becomes due. The appraisal fee will have to be paid upfront.

Need Help?

Need Help?

Contact Us Today:
1-800-242-2265
Dollar Bank representatives are available Monday - Friday from 8:00 AM to 8:00 PM.

E-mail Us »

This link redirects you to a website that Dollar Bank does not maintain. To proceed to this website, click the Continue button. To stop and return to the previous page, click the Cancel button.

CONTINUE CANCEL
The launch of our new website is in progress. The following webpages will transition to the new format in the near future. Click Continue below to be directed to Dollar Bank's secure online application.

CONTINUE CANCEL
Click Continue below to be directed to Dollar Bank's secure Online Banking system.

CONTINUE CANCEL
The launch of our new website is in progress. The following webpages will transition to the new format in the near future.

CONTINUE CANCEL