Reverse Mortgage Specialists in Hurst, TX
Compare reverse mortgage specialists in Hurst. Review contact information and insurance categorys before you decide.
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 9 reverse mortgage specialists in Hurst, 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.
What Does a Reverse Mortgage Specialist in Hurst Cost?
Typical costs for a reverse mortgage 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. These costs can range from 2000 to 8000 depending on the loan amount and property value. 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 age requirements for a reverse mortgage in Hurst Texas?
You must be at least 62 years old to qualify for a reverse mortgage in Texas. All borrowers listed on the title must meet this age requirement. The home must also be your primary residence.
Do I need to own my home free and clear to get a reverse mortgage in Hurst?
No you do not need to own your home free and clear. You can use a reverse mortgage to pay off an existing mortgage. The amount you can borrow depends on your age the home value and current interest rates.
What counseling is required for a reverse mortgage in Texas?
Texas law requires you to complete a counseling session with a HUD-approved counselor before you can apply. This session explains the costs risks and alternatives. The counselor must be independent from the lender.