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 13 reverse mortgage specialists in Rockwall, 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.
Integrity Mortgage Corporation of Texas
5 Horizon Ct, Rockwall, TX 75032
2143420044
William Branch Group - CrossCountry Mortgage
6540 Alliance Dr #130, Rockwall, TX 75032
2147890477
Jesse Young -Neighborhood Loans
2701 Sunset Ridge Dr, Rockwall, TX 75032
8179391467
Summit Funding, Inc.
2313 Ridge Rd Suite 105, Rockwall, TX 75087
9728403388
Mark Eastin-Clear Modern Mortgage
1215 Arista Dr #102, Rockwall, TX 75032
9033558417
The Jenay Bowen Team - CrossCountry Mortgage
2313 Ridge Rd Suite 105B, Rockwall, TX 75087
4693597213
Lone Star Reverse Mortgage
6105 Volunteer Pl, Rockwall, TX 75032
9723883338
Reverse TX Mortgage
311 E Interstate 30 #103, Rockwall, TX 75087
9166024455
THE JZ TEAM-SOUTHWEST FUNDING, LP
1650 S John King Blvd Suite A, Rockwall, TX 75032
2144759980
Cory Loudermilk - Reliance Mortgage Company
6520 Alliance Dr #130, Rockwall, TX 75032
2147558933
Rockwall Mortgage Co
105 W Kaufman St, Rockwall, TX 75087
9727717274
Mortgage Resource of Texas
311 E Interstate 30 #103, Rockwall, TX 75087
2147638458
Matthew Evans Loandepot Mortgage Consultant, Reverse Mortgage Specialist
627 Southwestern Dr, Rockwall, TX 75087
9493514308
What Does a Reverse Mortgage Specialist in Rockwall Cost?
Costs for a reverse mortgage specialist in Rockwall Texas generally range from 2000 to 6000 in total fees depending on the loan amount and property value. The origination fee is capped at 6000 for homes valued over 125000. Counseling fees are typically 125 to 150 but may be waived for low-income borrowers. 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 and equity requirements for a reverse mortgage in Rockwall Texas?
You must be at least 62 years old and own your home outright or have a low mortgage balance. Texas law requires the home to be your primary residence and you must complete HUD-approved counseling before applying.
How does Texas law affect reverse mortgage terms for Rockwall homeowners?
Texas law limits reverse mortgage loan amounts to the lesser of the appraised value or the FHA lending limit. Borrowers must also receive a disclosure explaining that the loan must be repaid when the last borrower dies sells the home or moves out for 12 consecutive months.
What costs should I expect when working with a reverse mortgage specialist in Rockwall?
Typical costs include an origination fee up to 2 percent of the loan amount a mortgage insurance premium of 2 percent of the home value and third-party fees for appraisal title and recording. These costs are usually financed into the loan so you pay little upfront.