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 9 reverse mortgage specialists in Garland, 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.
Lock It Mortgage
3901 W Walnut St, Garland, TX 75042
8888705625
Fairway Independent Mortgage Corporation
375 Cedar Sage Dr #250, Garland, TX 75040
9722783400
Fairway Home Mortgage - The Heritage Group
1417 E Interstate 30 Suite 5, Garland, TX 75043
9722783400
Promise Mortgage LLC
4306 Curlew Ln, Garland, TX 75043
9728056326
Vstar Lending LLC
3112 N Jupiter Rd #213A, Garland, TX 75044
8776555055
Not Your Average Lender
310 E Interstate 30 Suite M101, Garland, TX 75043
9722039033
Kristy Osborn | Fairway Home Mortgage
1417 E Interstate 30 Suite 5, Garland, TX 75043
9728419147
Revolution Mortgage
750 Colonel Dr Suite 2A, Garland, TX 75043
9726459222
Linda Michelle Davidson | Fairway Independent Mortgage Corporation Branch Manager
1417 E Interstate 30 Suite 5, Garland, TX 75043
2148021868
What Does a Reverse Mortgage Specialist in Garland Cost?
Typical costs for a reverse mortgage in Texas include an origination fee up to 2 percent of the home value, a mortgage insurance premium of 2 percent of the appraised value, and third-party fees like appraisal and title insurance. Total closing costs often range from 5,000 to 10,000 dollars. Costs vary by lender and loan amount. 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 Garland Texas?
Borrowers must be at least 62 years old. If married, the younger spouse must also be 62 to be listed on the loan. Texas law follows federal HUD guidelines for age eligibility.
Do I need to own my home free and clear to qualify in Garland?
No, you do not need to own your home free and clear. You must have significant equity. The loan pays off any existing mortgage first. Texas law requires the home to be your primary residence.