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 Wichita Falls, 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.
Ryan Haskell - Level Up Lenders - Flat Branch Home Loans
2629 Plaza Pkwy Suite A3, Wichita Falls, TX 76308
8177731860
Regional Finance
2410 Jack St, Wichita Falls, TX 76308
9402856171
Caroline Groves - Flat Branch Home Loans
2629 Plaza Pkwy Suite A3, Wichita Falls, TX 76308
9409230085
Toledo Finance
2910 Kemp Blvd Suite 110 a, Wichita Falls, TX 76308
9406968868
Yvonne Oden - RWM Mortgage
2629 Plaza Pkwy Suite B-20, Wichita Falls, TX 76308
9402245576
Crossvine A Financial Planning Firm
2405 Kell E Blvd Ste 200, Wichita Falls, TX 76308
9407670303
Gaby Lockhart | Mortgage Broker
1101 Scott Ave #8, Wichita Falls, TX 76301
9407047065
Republic Finance
5120 Greenbriar Rd Suite 306, Wichita Falls, TX 76302
9402761114
Union Square Lending
2903 Kemp Blvd #200, Wichita Falls, TX 76308
9407208100
Flat Branch Home Loans
5113 Ditto Ln Suite 103, Wichita Falls, TX 76302
9402761160
Miracle Mortgage
2404 Rockhill Rd, Wichita Falls, TX 76306
9404635543
Mortgage Lender Wichita Falls TX
4245 Kemp Blvd, Wichita Falls, TX 76308
9402600340
Chase Mortgage
4245 Kemp Blvd #100, Wichita Falls, TX 76308
9406896500
What Does a Reverse Mortgage Specialist in Wichita Falls Cost?
Typical costs for a reverse mortgage 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 for appraisal title and recording which range from 500 to 1500 dollars. Annual mortgage insurance premiums are 0.5 percent of the loan balance. Costs vary by situation and loan type. 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 does a reverse mortgage specialist do in Wichita Falls?
A reverse mortgage specialist helps you understand loan options, calculate proceeds, and complete the application process. They coordinate with HUD-approved counselors and ensure compliance with Texas state laws.
What are the age and property requirements for a reverse mortgage in Texas?
You must be at least 62 years old and own your home outright or have a low mortgage balance. The property must be your primary residence and meet FHA standards for single-family homes or approved condos.
How long does the reverse mortgage process take in Texas?
The process typically takes 30 to 45 days from application to closing. Texas law mandates a three-day right of rescission after closing, during which you can cancel the loan without penalty.