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Find Reverse Mortgage Specialists Near You in Benbrook, TX
Compare reverse mortgage specialists in Benbrook. Review contact information and insurance categorys before you decide.
2 agents listed
Updated May 2026
Benbrook, TX
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 Texas before hiring.
Showing 2 reverse mortgage specialists in Benbrook, TX
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Joe Paoly - Gateway Mortgage
412 Mercedes St Suite A, Benbrook, TX 76126
8177863638
Gateway Mortgage
412 Mercedes St Suite A, Benbrook, TX 76126
8177863638
A reverse mortgage specialist in Benbrook Texas helps homeowners aged 62 and older convert home equity into cash without selling their property. Texas law requires borrowers to complete a federally approved counseling session before applying for a Home Equity Conversion Mortgage HECM. Specialists in Benbrook can guide you through the unique Texas property tax deferral options and homestead protections that apply to reverse mortgages.
What Does a Reverse Mortgage Specialist in Benbrook Cost?
Typical costs for a reverse mortgage specialist in Texas include an origination fee of up to 2 percent of the home value capped at 6000 dollars. Third party costs such as appraisal title insurance and recording fees usually range from 2000 to 5000 dollars. Texas law requires lenders to disclose all fees in a Good Faith Estimate. Costs vary by situation and loan type. This is general information 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 Benbrook Texas?
Borrowers must be at least 62 years old. If married the younger spouse must also be 62 to be on the loan. Texas follows federal HECM rules for age eligibility.
Do I need counseling before getting a reverse mortgage in Texas?
Yes Texas law requires you to complete a counseling session with a HUD approved counselor. This session must happen before you submit your application. The counselor explains loan terms costs and alternatives.
Can I lose my home with a reverse mortgage in Benbrook?
You can lose your home if you fail to pay property taxes or homeowners insurance or if you do not maintain the property. Texas law provides a right of rescission allowing you to cancel within three days of closing.
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About Our Listings
Brokers listed on BeforeMortgageUSA.com are compiled from publicly available directories, state mortgage licensing authority records, and business listings. Inclusion does not constitute endorsement. We do not verify broker licensing, disciplinary status, or qualifications. Verify each broker's current standing with the Texas.