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 7 reverse mortgage specialists in Port Arthur, 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.
Republic Finance
4700 FM 365 Suite N, Port Arthur, TX 77642
(409) 722-3200
locations.republicfinance.com
Republic State Mortgage
8460 Central Mall Dr, Port Arthur, TX 77642
(409) 899-5100
republicstatemortgage.com
Romero Retirement Strategies
2901 Turtle Creek Dr Ste 415, Port Arthur, TX 77642
(409) 722-6739
savemysecureretirement.com
What Does a Reverse Mortgage Specialist in Port Arthur Cost?
Typical costs for a reverse mortgage specialist 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 like appraisal and title search. These fees usually range from 2000 to 6000 dollars depending on the home value and loan type. 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 is a reverse mortgage specialist in Port Arthur Texas?
A reverse mortgage specialist is a licensed professional who assists seniors with HECM loans in Port Arthur. They explain Texas-specific rules like the homestead exemption and help you complete the required HUD counseling.
What are the Texas requirements for a reverse mortgage?
In Texas, you must be at least 62 years old, own your home outright or have low mortgage balance, and live in the home as your primary residence. You also must attend a counseling session with a HUD-approved agency before applying.