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 10 reverse mortgage specialists in Ennis, 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.
Advance America
1011 E Ennis Ave Ste B, Ennis, TX 75119
9728751458
Security Finance
1401 W Ennis Ave, Ennis, TX 75119
9728759181
Trinity Capital Bank of Texas - Ennis
815 W Ennis Ave, Ennis, TX 75119
9723308530
Vanessa Zmolik - Guild Mortgage
101 NW Main, Ennis, TX 75119
4693374578
Latisha Perez
101 NW Main, Ennis, TX 75119
2142804939
Staci Fincher
101 NW Main, Ennis, TX 75119
4693374916
Ennis State Bank Mortgage
815 W Ennis Ave, Ennis, TX 75119
9728785866
Guild Mortgage Company
101 NW Main, Ennis, TX 75119
9728782224
Guild Mortgage - J R Rudd
101 NW Main, Ennis, TX 75119
2144548167
Steven Barnard
101 NW Main, Ennis, TX 75119
8178451755
What Does a Reverse Mortgage Specialist in Ennis 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 third-party fees for appraisal title and recording. For a home valued at 250000 dollars total closing costs often range from 8000 to 12000 dollars. Costs vary by lender loan amount and property location. 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 Ennis Texas?
Borrowers must be at least 62 years old. All homeowners listed on the title must meet this age requirement. Texas law also requires that the home be the borrower's primary residence.
Do I need counseling to get a reverse mortgage in Texas?
Yes, Texas law and federal HUD rules require all borrowers to complete a counseling session with a HUD-approved agency. This session explains the loan terms, costs, and alternatives. The counselor will issue a certificate that is valid for 180 days.