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 4 reverse mortgage specialists in Rowlett, 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.
DHI Mortgage
4312 Miller Rd, Rowlett, TX 75088
2146074321
Tabernacle Financial Group, Inc
5001 Rowlett Rd #101, Rowlett, TX 75088
4693669830
Bobbie Searson, Mortgage Broker NMLS #234180
9320 Crockett Dr, Rowlett, TX 75089
9728965698
Steve Codara
3502 Harbor Pointe Dr, Rowlett, TX 75088
2142214008
What Does a Reverse Mortgage Specialist in Rowlett Cost?
Typical costs for a reverse mortgage in Texas include an origination fee up to 2 percent of the home value capped at 6000 dollars, a mortgage insurance premium of 2 percent of the appraised value, and third-party fees for appraisal title search and recording. Closing costs generally range from 2000 to 8000 dollars depending on the loan amount and property value. 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 Rowlett Texas?
Borrowers must be at least 62 years old to qualify for a reverse mortgage in Texas. All homeowners listed on the title must meet this age requirement. The youngest borrower determines eligibility.
Do I need to own my home free and clear to get a reverse mortgage in Rowlett?
No you do not need to own your home free and clear. You can use a reverse mortgage to pay off an existing mortgage balance. The amount you can borrow depends on your home value and the current interest rate.