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 8 reverse mortgage specialists in Rosenberg, 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.
Steve & Stephanie Kyles - ProLending Mortgage
830 3rd St, Rosenberg, TX 77471
(281) 701-4521
houstonmortgageexpert.com
Danny Martinez at Success Mortgage Partners (NMLS #1309812)
830 3rd St, Rosenberg, TX 77471
(361) 249-2202
successmortgagepartners.com
What Does a Reverse Mortgage Specialist in Rosenberg Cost?
Typical costs for a reverse mortgage specialist in Texas include origination fees 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. Note that 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 Rosenberg Texas?
You must be at least 62 years old and own your home outright or have a low mortgage balance. The home must be your primary residence. Texas law also requires you to complete a counseling session with a HUD approved counselor before applying.
How does Texas law affect reverse mortgage terms?
Texas has specific rules under the Texas Constitution that limit the amount you can borrow and require a 3 day right of rescission after closing. The loan must be a single disbursement lump sum or a line of credit. Interest rates and fees are regulated by state and federal law.