Texas homeowners, 62 and older, can use a reverse mortgage to turn part of their home equity into usable cash.
No repayment is due as long as one of the borrowers lives in the
home. The amount available from a reverse mortgage depends on the value
of the home, age of the borrowers, and interest rate at the time of
closing. Most reverse mortgage loans in Texas are under US government
programs.
[More Info]
This web site is designed to provide reverse mortgage information that is
Texas-specific. We hope to provide valuable information to people and
their families considering a reverse mortgage, as well as mortgage,
financial and tax professionals, CPAs and attorneys. We work diligently to
keep this site up to date and accurate. If you spot something that needs
to be changed, please [contact us].
How Much Could YOU Get?Use our free online calculator to find out!
We can help!