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Compare Reverse Mortgage Specialists in Highland Village, TX
Browse reverse mortgage specialists serving Highland Village, Texas. Contact information and addresses listed below.
6 agents listed
Updated May 2026
Highland Village, 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 6 reverse mortgage specialists in Highland Village, 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.
The Rodney Anderson Team with NFM Lending
3000 Village Pkwy #400, Highland Village, TX 75077
A reverse mortgage specialist in Highland Village Texas helps homeowners aged 62 and older access home equity without monthly payments. Texas law requires borrowers to complete HUD-approved counseling before applying for a Home Equity Conversion Mortgage HECM. Highland Village residents benefit from specialists familiar with Denton County property values and Texas homestead protections.
What Does a Reverse Mortgage Specialist in Highland Village Cost?
Typical costs for a reverse mortgage in Texas include an origination fee of up to 2 percent of the first 200000 dollars of the homes value plus 1 percent of the amount over 200000. Appraisal fees range from 400 to 800 dollars and closing costs total 2000 to 5000 dollars. Mortgage insurance premiums are 2 percent of the appraised value upfront plus 0.5 percent annually. These costs vary by lender 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 Highland Village 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 HECM age rules.
Do I need to own my home free and clear to get a reverse mortgage in Texas?
No you do not need a free and clear title. You can have an existing mortgage as long as you have enough equity to pay it off at closing. Texas law limits the amount you can borrow based on the homes appraised value and your age.
What counseling is required for a reverse mortgage in Texas?
Texas law requires all borrowers to complete a counseling session with a HUD-approved counselor before applying. The session covers loan terms costs and alternatives. Counseling fees are typically around 125 dollars but may be waived by some agencies.
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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.