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 19 reverse mortgage specialists in Lake Jackson, 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.
Alisa Bailey Fairway Independent Mortgage Company
628 Willow Dr, Lake Jackson, TX 77566
(979) 314-5523
fairway.com
Jeannette Merritt - Gateway Mortgage
112 S Parking Pl, Lake Jackson, TX 77566
(979) 529-4261
gatewayfirst.com
Edward Jones - Financial Advisor: Scott L Ross, AAMS®
6 W Way Ct, Lake Jackson, TX 77566
(979) 378-0912
edwardjones.com
Shayne McGehee - Gateway Mortgage
112 S Parking Pl, Lake Jackson, TX 77566
(979) 318-4707
gatewayfirst.com
Retirement Planning & Wealth Management
7 W Way Ct, Lake Jackson, TX 77566
(979) 285-0023
rpwmadvisors.com
Edward Jones - Financial Advisor: Andrew Beall
201A That Way, Lake Jackson, TX 77566
(979) 297-6485
edwardjones.com
Cheryl Cuellar - Gateway Mortgage
112 S Parking Pl, Lake Jackson, TX 77566
(979) 599-7854
gatewayfirst.com
Steve Thompson - Gateway Mortgage
112 S Parking Pl, Lake Jackson, TX 77566
(469) 983-2695
gatewayfirst.com
Diana Revere - Gateway Mortgage
112 S Parking Pl, Lake Jackson, TX 77566
(713) 589-3651
gatewayfirst.com
Rickaway Swisher Group- BAIRD
208 Parking Way, Lake Jackson, TX 77566
(979) 299-3292
rickawayswishergroup.com
Dash Home Mortgage Corporation
129 Circle Way A 1/2, Lake Jackson, TX 77566
(979) 245-5626
dashhomemortgage.com
The Wood Group of Fairway Independent Mortgage Corp.
215 Parking Way C, Lake Jackson, TX 77566
(979) 373-7943
woodgroupmortgage.com
Cheryl Cuellar NMLS #: 514475 - TDECU Mortgage
1001 FM 2004, Lake Jackson, TX 77566
(979) 299-3641
simplenexus.tdecu.org
What Does a Reverse Mortgage Specialist in Lake Jackson Cost?
Typical costs for a reverse mortgage specialist in Texas include an origination fee of up to $6,000 and a mortgage insurance premium of 2 percent of the appraised value. Closing costs such as appraisal title search and recording fees usually range from $2,000 to $5,000. Costs vary by loan amount and lender. 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 Lake Jackson Texas?
Borrowers must be at least 62 years old to qualify for a reverse mortgage in Texas. All homeowners listed on the title must meet this age requirement. The home must be the primary residence of the borrower.
Is there a limit on how much I can borrow with a reverse mortgage in Texas?
The amount you can borrow depends on your age the appraised value of your home and current interest rates. Texas law also caps the principal limit at the FHA lending limit which is $1,089,300 for 2024. You cannot borrow more than the home is worth.
Do I need to repay a reverse mortgage if I move out of Lake Jackson?
Yes the loan becomes due if you move out of the home for more than 12 consecutive months. Texas law requires the borrower to occupy the home as their principal residence. You must also repay the loan if you sell the home or pass away.