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 6 reverse mortgage specialists in Kyle, 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.
Erica Billé - Nest Mortgaging
1316 Four Seasons Farm Blvd, Kyle, TX 78640
2108798579
Thrive Mortgage - The Ramirez Team
181-A Kirkham Cir, Kyle, TX 78640
5127877885
Mortgage Loans Co
115 Kohlers Crossing #220, Kyle, TX 78640
5128205714
Austin Mortgage Lending - Adam Morales
201 Miller St, Kyle, TX 78640
5122300944
Christy Meaux, Mortgage Broker
555 Veterans Dr #2068, Kyle, TX 78640
5122949292
Mortgage Lender Kyle Texas
1300 Dacy Ln, Kyle, TX 78640
5128171243
What Does a Reverse Mortgage Specialist in Kyle Cost?
Typical costs for a reverse mortgage in Texas include an origination fee up to 2% of the first 200,000 of home value plus 1% of the amount above 200,000, a mortgage insurance premium of 2% of the appraised value, and third-party fees such as appraisal (400 to 700) and title insurance (1,500 to 3,000). Closing costs generally range from 5,000 to 10,000 but can be financed into the loan. 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 Kyle Texas?
Borrowers must be at least 62 years old. For a Texas reverse mortgage, all owners listed on the title must meet this age requirement, and the home must be the primary residence.
Do I need counseling to get a reverse mortgage in Texas?
Yes, Texas law requires all borrowers to complete a counseling session with a HUD-approved counselor before applying. This session covers loan terms, costs, and alternatives. The counselor must be independent of the lender.
Can I use a reverse mortgage to buy a home in Kyle Texas?
Yes, a reverse mortgage for purchase is allowed in Texas. You can use loan proceeds to buy a new primary residence without making monthly mortgage payments, as long as you meet age and equity requirements.