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 11 reverse mortgage specialists in Grapevine, 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.
Melbourne Mortgage
1452 Hughes Rd Suite 200-440, Grapevine, TX 76051
(214) 888-8693
melbournemtg.com
Movement Mortgage: Mark Karetskiy, Mortgage Lender
2451 W Grapevine Mills Cir Suite 101, Grapevine, TX 76051
(469) 202-4195
loanofficermark.com
The Mortgage Institute
323 W Northwest Hwy Suite 100, Grapevine, TX 76051
(972) 724-2881
themortgageinstitute.com
Fairway Independent Mortgage Corporation
1340 S Main St Suite 195, Grapevine, TX 76051
(817) 812-2287
Pearl Lewis - Movement Mortgage
2451 W Grapevine Mills Cir suite 106, Grapevine, TX 76051
(214) 578-0158
movement.com
1st Texas Reverse Mortgage, LLC
312 W Northwest Hwy #100, Grapevine, TX 76051
(800) 822-5186
1sttxreversemtg.com
What Does a Reverse Mortgage Specialist in Grapevine Cost?
Typical costs for a reverse mortgage specialist in Texas include an origination fee of up to 2 percent of the home value an appraisal fee of 400 to 600 dollars and third party closing costs such as title insurance and recording fees. Counseling fees range from 125 to 250 dollars. Total costs vary by loan amount and lender. 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 eligibility rules for a reverse mortgage in Grapevine Texas?
You must be at least 62 years old and own your home outright or have a small remaining mortgage. The property must be your primary residence and a single family home or approved condo. Texas law also requires you to complete HUD approved counseling before applying.
How does Texas law affect reverse mortgage terms?
Texas law limits reverse mortgage proceeds to 80 percent of the appraised value for certain loans. Borrowers also have a three day right to cancel after signing. Lenders must provide clear disclosures about interest rates and fees under the Texas Constitution.