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 8 reverse mortgage specialists in Harker Heights, 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.
Fairway Independent Mortgage Corporation
103 E FM 2410 Rd, Harker Heights, TX 76548
2544498246
Nicky Tharpe Benchmark Mortgage
581 Pan American Dr # 1, Harker Heights, TX 76548
2545351229
Jimmy Alexander, SWBC Mortgage Killeen/Temple
2101 Memory Ln Ste. 108, Harker Heights, TX 76548
2546342822
Tanja L Allen | Fairway Independent Mortgage Corporation Loan Officer
103 E FM 2410 Rd, Harker Heights, TX 76548
2544498246
SWBC Mortgage Killeen
2101 Memory Ln Ste. 108, Harker Heights, TX 76548
2546342822
Leslie Lovett, SWBC Mortgage
2101 Memory Ln Ste. 108, Harker Heights, TX 76548
2546342822
Reverse Mortgage Homes
110 Moody Cir, Harker Heights, TX 76548
2544082111
Reverse Mortgage Homes
110 Moody Cir, Harker Heights, TX 76548
2544082111
What Does a Reverse Mortgage Specialist in Harker Heights Cost?
Typical costs for a reverse mortgage specialist in Texas include an origination fee up to 6000 dollars an appraisal fee of 400 to 800 dollars and counseling fees of 125 to 250 dollars. Closing costs also cover title insurance recording fees and a mortgage insurance premium of 2 percent of the home value. These costs are usually added to the loan balance. 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 does a reverse mortgage specialist in Harker Heights do?
A reverse mortgage specialist guides you through the HECM process from counseling to closing. They explain loan terms costs and repayment rules specific to Texas. They do not provide financial advice but help you understand your options.
Are there Texas specific requirements for reverse mortgages?
Yes Texas law requires mandatory HUD approved counseling before you can apply. The loan must be a HECM and Texas has strict rules about loan limits and property types. You must also meet with a counselor in person or by phone before signing.
How much does it cost to work with a reverse mortgage specialist in Harker Heights?
Specialist fees are typically part of the loan closing costs which range from 2000 to 6000 dollars. This includes origination fees appraisal and counseling. Texas law caps origination fees at 6000 dollars for HECM loans.