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 8 reverse mortgage specialists in Cleburne, 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.
Western Finance
1652-F W Henderson St, Cleburne, TX 76033
8176450383
Toledo Finance
708 N Nolan River Rd, Cleburne, TX 76033
8175569933
Heights Finance
1652 W Henderson St Suite H, Cleburne, TX 76033
8175564684
Security Finance
1652 W Henderson St APT E, Cleburne, TX 76033
8176413333
AgTrust Farm Credit
210 N Ridgeway Dr, Cleburne, TX 76033
8175584902
First Financial Mortgage
200 N Ridgeway Dr, Cleburne, TX 76033
8177745100
Guild Mortgage - Cleburne
1439 W Henderson St, Cleburne, TX 76033
6822076037
HII Commercial Real Estate Loans Cleburne TX
803 Granbury St C, Cleburne, TX 76033
6829160740
What Does a Reverse Mortgage Specialist in Cleburne Cost?
Typical costs for a reverse mortgage specialist in Texas include an origination fee of up to $6,000 or 2% of the homes value whichever is less. Third-party costs such as appraisal title insurance and recording fees usually range from $2,500 to $5,000. HUD requires a mortgage insurance premium of 2% of the loan amount upfront plus 0.5% annually. These costs are often financed into the loan. 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 Cleburne Texas?
Borrowers must be at least 62 years old. In Texas all borrowers on the title must meet this age requirement. The home must also be the borrowers primary residence.
Is there a limit on how much I can borrow with a reverse mortgage in Texas?
Yes. The amount you can borrow depends on your age the homes value and current interest rates. In 2024 the maximum claim amount for a HECM loan is $1,089,300. Texas law also limits the loan to 80% of the homes appraised value for reverse mortgages.