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 State Mortgage Licensing Authority of Texas before hiring.
Showing 20 reverse mortgage specialists in Houston, 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.
New Era Lending LLC
1500 S Dairy Ashford Rd suite 363, Houston, TX 77077
(888) 700-0788
neweralendingllc.com
Champions Mortgage
2940 Riverby Rd Suite #205, Houston, TX 77020
(281) 727-2500
championsmortgageteam.com
Lennar Mortgage, LLC Houston
5775 North Sam Houston Pkwy W Suite 820, Houston, TX 77086
(281) 885-0940
lennarmortgage.com
Cornerstone Home Lending | Corporate
1177 W Loop S #700, Houston, TX 77027
(713) 621-4663
houseloan.com
Angelo Christian Mortgage
800 Town and Country Blvd Suite 500, Houston, TX 77024
(832) 431-6331
officialangelochristian.com
Noble Mortgage & Investments
11767 Katy Fwy # 500, Houston, TX 77079
(713) 680-8100
noblemortgage.com
Loan With Jen - Legacy Mutual Mortgage NMLS #514497
575 N Dairy Ashford Rd Suite 750, Houston, TX 77079
(713) 579-3611
loanwithjen.com
InterLinc Mortgage
5875 North Sam Houston Pkwy W Suite 300, Houston, TX 77086
(281) 367-9595
interlincmortgage.com
The Wood Group of Fairway Independent Mortgage Corp.
10330 Lake Rd Bldg Y, Houston, TX 77070
(281) 864-1710
woodgrouphouston.com
James J Ward | Fairway Home Mortgage Branch Manager
3311 Richmond Ave #329, Houston, TX 77098
(713) 528-0333
fairwayindependentmc.com
Rock Mortgage Houston | Rock Mortgage Services LP
14340 Memorial Dr #400, Houston, TX 77079
(832) 230-3067
rockmtg.com
Hometrust Mortgage Company
1150 Clear Lake City Blvd Suite 204, Houston, TX 77062
(281) 338-2200
hometrust.com
Dave Your Mortgage Guy
17047 El Camino Real, Houston, TX 77058
(832) 689-6012
daveyourmortgageguy.com
Adam Buttermore - Fairway Home Mortgage
13201 Northwest Fwy #800, Houston, TX 77040
(713) 805-4712
adamcloses.com
What Does a Reverse Mortgage Specialist in Houston Cost?
Typical costs for a reverse mortgage specialist in Houston include an origination fee of up to 2% of the home value and a mortgage insurance premium of 2% of the appraised value. Closing costs usually range from 2,000 to 5,000 and may include appraisal title and recording fees. Costs vary by case 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 eligibility requirements for a reverse mortgage in Houston Texas?
You must be at least 62 years old and own your home outright or have a low mortgage balance. The property must be your primary residence and you must complete a counseling session with a HUD approved counselor. Texas law also requires that the home is a single family unit or a qualifying condominium.
How does Texas law affect reverse mortgage proceeds?
Texas law follows federal HECM guidelines but has specific rules about loan limits and borrower protections. Proceeds can be taken as a lump sum monthly payments or a line of credit. You must continue to pay property taxes and homeowners insurance to keep the loan in good standing.
What happens to the reverse mortgage when the borrower dies or moves out in Texas?
The loan becomes due when the last borrower dies sells the home or moves out permanently. Heirs have 30 days to decide to pay off the loan or sell the property. Texas law gives heirs additional time to arrange financing if needed.