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 5 reverse mortgage specialists in Nederland, 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.
Homestead Mortgage: Chris Bellard
3403 Nederland Ave, Nederland, TX 77627
(409) 920-8279
homesteadone.com
Brandon Braneff Homes Loans | Residential Mortgage Loan Originator | Homestead Mortgage
3015 Nederland Ave STE B, Nederland, TX 77627
(409) 553-6647
iwantahomeloan.com
DuGood Credit Union Mortgage Center
4008 N Twin City Hwy, Nederland, TX 77627
(409) 899-3430
dugood.org
What Does a Reverse Mortgage Specialist in Nederland Cost?
Typical costs for a reverse mortgage specialist in Texas include an origination fee of up to 2 percent of the home value and a mortgage insurance premium of 2 percent of the appraised value. Closing costs usually range from 2000 to 5000 dollars. These costs can be financed into the loan. This is general information and 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 Nederland Texas?
Borrowers must be at least 62 years old. All owners on the title must meet this age requirement under federal rules.
Do I need counseling before getting a reverse mortgage in Texas?
Yes. Texas law requires all borrowers to complete a counseling session with a HUD-approved counselor. This session must occur before you can submit a loan application.
Can I get a reverse mortgage on a manufactured home in Nederland?
Yes, but the home must meet HUD standards and be on a permanent foundation. The property must also be your primary residence in Jefferson County.