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Reverse Mortgage Specialists in Sherman, TX

Compare reverse mortgage specialists in Sherman. Review contact information and insurance categorys before you decide.

15 agents listed
Updated May 2026
Sherman, TX
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 15 reverse mortgage specialists in Sherman, 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.
Guild Mortgage - Michelle Castle
714 N Travis St, Sherman, TX 75090
9039573127
Heights Finance
1626 Texoma Pkwy, Sherman, TX 75090
9038935583
Regional Finance
1909 Texoma Pkwy Suite G, Sherman, TX 75090
9032094236
Guild Mortgage Company
714 N Travis St, Sherman, TX 75090
9039573100
Guild Mortgage - Patrick McElyea
714 N Travis St, Sherman, TX 75090
4698799780
Stephanie Clark- First State Bank Mortgage
2315 US-75, Sherman, TX 75090
9038215054
Guild Mortgage - Allen Martin
714 N Travis St, Sherman, TX 75090
9035139605
Vanya Griffith-Mayes at Certainty Home Lending (NMLS #231162)
2612 N Loy Lake Rd #300, Sherman, TX 75090
9038152372
Texoma Financial Services
123 N Crockett St, Sherman, TX 75090
9038921234
Guild Mortgage - Traci Cherry
714 N Travis St, Sherman, TX 75090
9039573121
Lacey Tucker
714 N Travis St, Sherman, TX 75090
3609321042
North Texas Finance Group
714 E Lamar St, Sherman, TX 75090
2146645299
EZWAY MORTGAGE GROUP
1800 N Travis St, Sherman, TX 75092
8552162600
Amanda Gordon at Certainty Home Lending (NMLS #1614427)
2612 N Loy Lake Rd #300, Sherman, TX 75090
9033282062
Starkey Mortgage
2612 N Loy Lake Rd, Sherman, TX 75090
9038700576

A reverse mortgage specialist in Sherman, Texas helps homeowners age 62 and older convert part of their home equity into tax-free funds. Texas law requires borrowers to complete a counseling session with a HUD-approved counselor before applying. Local specialists guide clients through the Texas Home Equity Conversion Mortgage rules and the required 12-day rescission period.

What Does a Reverse Mortgage Specialist in Sherman Cost?

Typical costs for a reverse mortgage specialist in Texas include an origination fee of up to 2 percent of the home value capped at 6,000 dollars, a mortgage insurance premium of 2 percent of the appraised value, and third-party costs such as appraisal and title fees. Total closing costs often range from 5,000 to 15,000 dollars depending on home value and lender. These costs are usually 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

Who qualifies for a reverse mortgage in Sherman 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 and meet FHA property standards. Texas law also requires you to live in the home for at least 12 months before applying.
What are the Texas-specific rules for reverse mortgages?
Texas has a 12-day rescission period after closing during which you can cancel the loan for any reason. Borrowers must receive counseling from a HUD-approved agency. The loan amount is based on the age of the youngest borrower, current interest rates, and the appraised value of the home.