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 11 reverse mortgage specialists in Mansfield, 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.
Carla S Green | Fairway Independent Mortgage Corporation Branch Manager
9 Enchanted Ct, Mansfield, TX 76063
8172697020
Meredith Minter, Mortgage Lender NMLS #409504
2409 Hillary Trail, Mansfield, TX 76063
8174538467
Service First Mortgage - Wommack Group
2400 U.S. 287 Frontage Rd, Mansfield, TX 76063
8178040000
Kim Gasca Mortgage Team at loanDepot
733 U.S. 287 Frontage Rd Suite 311, Mansfield, TX 76063
8174056095
Assurance Financial - Mansfield, TX
2363 U.S. 287 Frontage Rd Suite 204, Mansfield, TX 76063
8177255969
Laura Woolsey at CrossCountry Mortgage
129 N Main St #2, Mansfield, TX 76063
6822251534
ModLend
990 N Walnut Creek Dr #2004, Mansfield, TX 76063
8445334665
Fairway Independent Mortgage Corporation
9 Enchanted Ct, Mansfield, TX 76063
8172697020
Duane Hicks-Service First Mortgage
2400 U.S. 287 Frontage Rd, Mansfield, TX 76063
4696011413
Robin Hart
602 Strada Cir suite 106, Mansfield, TX 76063
9725733911
Texas Mortgage
1400 Judy Ln, Mansfield, TX 76063
6825835245
What Does a Reverse Mortgage Specialist in Mansfield Cost?
Typical costs for a reverse mortgage in Texas include an origination fee up to 2 percent of the home value a mortgage insurance premium of 2 percent upfront plus 0.5 percent annually appraisal fees around 400 to 600 dollars and closing costs ranging from 2,000 to 5,000 dollars. Costs vary by lender and loan amount. 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 is a reverse mortgage specialist in Mansfield Texas?
A reverse mortgage specialist is a licensed professional who helps seniors apply for a Home Equity Conversion Mortgage HECM. They explain loan terms costs and requirements specific to Texas law including the mandatory counseling session.
What are the Texas requirements for a reverse mortgage?
Texas law requires that borrowers be at least 62 years old own their home outright or have a low mortgage balance and complete a HUD-approved counseling session. The home must be the primary residence and the borrower must pay property taxes and insurance.
How long does the reverse mortgage process take in Texas?
The process in Texas typically takes 30 to 60 days from application to closing. This includes the mandatory counseling period and lender processing. Delays can occur if property tax or insurance records need updating.