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Reverse Mortgage Specialists in Crowley, TX

Directory of reverse mortgage specialists in Crowley, Texas. Verify credentials with the state mortgage licensing authority before hiring.

3 agents listed
Updated May 2026
Crowley, 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 3 reverse mortgage specialists in Crowley, 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.
Republic Finance
910 S Crowley Rd Suite 33, Crowley, TX 76036
6822679560
Trinity Oaks Mortgage Crowley Branch
100 S Texas St Ste 1, Crowley, TX 76036
4695054663
Chase Mortgage
1001 S Crowley Rd, Crowley, TX 76036
8172972539

A reverse mortgage specialist in Crowley Texas helps homeowners aged 62 and older convert home equity into loan proceeds. Texas law requires borrowers to complete HUD-approved counseling before obtaining a Home Equity Conversion Mortgage. Specialists guide clients through the unique Texas homestead protections and non-recourse loan terms.

What Does a Reverse Mortgage Specialist in Crowley Cost?

Typical costs for a reverse mortgage in Texas include an origination fee of up to 2 percent of the home value, a mortgage insurance premium of 2 percent of the appraised value, and appraisal fees of 400 to 600 dollars. Closing costs generally range from 2,000 to 5,000 dollars. These costs are often financed into the loan. This is general information and 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 eligibility requirements for a reverse mortgage in Crowley Texas?
You must be at least 62 years old and own your home outright or have a low mortgage balance. Texas law requires you to live in the home as your primary residence and complete a counseling session with a HUD-approved counselor.
How does Texas homestead law affect a reverse mortgage?
Texas has strong homestead protections that limit how much equity you can borrow. The loan amount is capped at 80 percent of the appraised value for most homes. The property remains your homestead and cannot be taken as long as you pay property taxes and insurance.
What happens to the reverse mortgage when the borrower dies or moves out?
The loan becomes due when the last borrower dies, sells the home, or permanently moves out. Heirs have 12 months to repay the loan or sell the home. Texas law provides a six-month extension if needed. No one inherits the debt beyond the home value.