Homeowners 62 and older in St. Louis City, St. Louis County and St. Charles County can use a reverse mortgage to access equity with no required monthly mortgage payment. Steve Clune is licensed throughout Missouri.
Reverse mortgages for St. Louis-area homeowners
Many St. Louis homeowners have lived in the same brick home for decades. A reverse mortgage can pay off a remaining mortgage, cover property taxes and repairs, or set up a line of credit for future costs like in-home care.
Older St. Louis homes sometimes need repairs to meet FHA standards. Steve will tell you up front what an appraiser is likely to flag and how repairs can be handled.
Areas covered
St. Louis City, St. Louis County and St. Charles County, including Chesterfield, Kirkwood, Webster Groves, Florissant, Ballwin, University City, St. Charles, O’Fallon, St. Peters and Wentzville.
How it works if you live in St. Louis
- Start with a call or text to see if a reverse mortgage fits
- Complete HUD-approved counseling, usually by phone
- Appraisal by a local appraiser who knows St. Louis home values
- Phone, email and video calls, with family welcome on every call
- Sign closing papers at home or a nearby title office
Questions from St. Louis homeowners
Can I get a reverse mortgage on an older brick home in St. Louis?
Yes, if it meets FHA property standards. Common appraisal items in older homes include peeling paint, roof wear and electrical issues; some can be repaired after closing with a set-aside.
Do you work with St. Charles County homeowners?
Yes. Steve is licensed throughout Missouri, including St. Charles County.
Can my children be part of the process?
Yes. Adult children are welcome on calls and in the counseling session, and Steve encourages it.
Talk to a real person in Kansas City
Steve Clune is a licensed loan officer for Kansas and Missouri. Call or text with your questions. If you miss him, send a text and he’ll get back to you.