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 7 reverse mortgage specialists in Schertz, 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.
Advance America
6051 FM3009 Suite 240, Schertz, TX 78154
2106517305
Winn Team at Texana - Schertz
816 Main St Suite E, Schertz, TX 78154
2108594984
Triton Group at Legacy Mutual Mortgage
3820 FM3009 #148, Schertz, TX 78154
2104765523
Travis Winn at Veterans Lending Group
816 Main St Suite E, Schertz, TX 78154
2108666271
Tyler Groft at Veterans Lending Group
816 Main St Suite E, Schertz, TX 78154
8777731226
Chase Mortgage
6026 FM3009, Schertz, TX 78154
2105901244
Daniel Ganoe - Mortgage Broker - Texas United Mortgage - NMLS# 1646757
4917 FM3009, Schertz, TX 78154
3614256503
What Does a Reverse Mortgage Specialist in Schertz Cost?
Typical costs for a reverse mortgage in Texas include an origination fee up to $6,000 a mortgage insurance premium of 2% of the appraised value and third-party fees such as appraisal title and recording costs. Total closing costs often range from $8,000 to $15,000. Some 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 Schertz Texas?
Borrowers must be at least 62 years old. All homeowners listed on the title must meet this age requirement. Texas law does not allow exceptions to this rule.
Do I need counseling before getting a reverse mortgage in Texas?
Yes Texas law requires a HUD-approved counseling session before you can apply. The counselor explains the loan terms costs and alternatives. You must complete this session within 180 days before closing.