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 20 reverse mortgage specialists in Austin, 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.
The Josh Brown Team at Fairway Independent Mortgage Corporation
4501 Spicewood Springs Rd, Austin, TX 78759
(512) 776-1413
joshbrownhomeloans.com
Max Leaman Austin Mortgage
3420 Executive Center Dr STE 300, Austin, TX 78731
(512) 765-4300
maxleaman.com
LendFriend Mortgage
600 N Congress Ave Office 15032, Austin, TX 78701
(512) 881-5099
lendfriendmtg.com
Park Place Finance - Austin Mortgage Lender
901 S MoPac Expy Building 2, Suite 375, Austin, TX 78746
(512) 774-3582
parkplacefinance.com
Austin Capital Mortgage
6615 Vaught Ranch Rd # 200, Austin, TX 78730
(512) 891-0778
austincapitalmortgage.com
Ryan Leahy - Leahy Lending
9050 N Capital of Texas Hwy building 3 suite 390, Austin, TX 78759
(512) 240-2897
leahylending.com
Brad Cullipher Austin Mortgage
3307 Northland Dr #100, Austin, TX 78731
(512) 426-9853
myhouseloan.org
Waterstone Mortgage Corporation - Clarissa Hernandez
11215 I-35, Austin, TX 78747
(210) 510-8222
waterstonemortgage.com
Rate Advantage - The Hrabovsky Mortgage Team
11200 Menchaca Rd Bldg. 4 Suite 5, Austin, TX 78748
(737) 260-0099
rate-advantage.com
Austin Mortgage Lender: Joel Richardson
609 W Lynn St APT 3, Austin, TX 78703
(512) 203-8244
myfinanceteam.com
Highlander Mortgage: Mortgage Broker In Austin | Best Mortgage Lender
6500 River Pl Blvd Bldg 7 Suite 250, Austin, TX 78730
(512) 501-3624
highlandermortgage.com
The Katie White Team at Fairway Independent Mortgage Corp.
13812 Research Blvd B-4, Austin, TX 78750
(512) 922-7602
katieshomeloans.com
Fairway Independent Mortgage Corporation
4810 Spicewood Springs Rd UNIT 100, Austin, TX 78759
(512) 502-9924
fairway.com
Prodigy Mortgage Brokers
13740 Research Blvd Bldg E Ste 1, Austin, TX 78750
(512) 576-6115
yourmortgageguyfreddy.com
Josh Hanly, NMLS #390434; Sr. Mortgage Mortgage Consultant @ First United Bank
12117 Bee Caves Rd Suite 120, Austin, TX 78738
(737) 825-2020
jhanly.firstunitedteam.com
Tyler Hughes
Building IV, 9430 Research Blvd Suite 200, Austin, TX 78759
(512) 777-8518
cmghomeloans.com
What Does a Reverse Mortgage Specialist in Austin Cost?
Typical costs for a reverse mortgage specialist in Texas include an origination fee of up to 2 percent of the home value, a mortgage insurance premium of 2 percent of the appraised value, and third-party fees for appraisal title and recording. For a home worth $300,000 total costs might range from $8,000 to $15,000. Texas law caps the origination fee at $6,000 for homes valued under $125,000. 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 Texas requirements for a reverse mortgage?
In Texas you must be at least 62 years old and own your home outright or have a low mortgage balance. You must also complete HUD-approved counseling and the property must be your primary residence. Texas law limits the amount you can borrow based on your age and home value.
How long does the reverse mortgage process take in Austin?
The process typically takes 30 to 45 days from application to closing. This includes the mandatory counseling session and a property appraisal. Texas law requires a 3-day rescission period after closing during which you can cancel the loan.
What costs are involved with a reverse mortgage in Texas?
Costs include an origination fee up to 2 percent of the home value, a mortgage insurance premium, appraisal fees, and closing costs. In Texas the origination fee is capped at $6,000 for homes valued under $125,000. Total costs usually range from $5,000 to $15,000 depending on the loan amount.