Skip to main content

Reverse Mortgage Specialists in Wylie, TX

Compare reverse mortgage specialists in Wylie. Review contact information and insurance categorys before you decide.

3 agents listed
Updated May 2026
Wylie, TX
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 3 reverse mortgage specialists in Wylie, 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.
Jeremiah Vensel | Mortgage Group
201 Calloway St Unit A, Wylie, TX 75098
2144771637
Jamie Saylor
201 Calloway St, Wylie, TX 75098
2144177511
Chase Mortgage
514 S State Hwy 78, Wylie, TX 75098
9724292192

A reverse mortgage specialist in Wylie Texas can help homeowners aged 62 and older access their home equity without selling. Texas law requires a mandatory counseling session with a HUD-approved counselor before you can apply. Specialists guide you through the process and ensure compliance with state regulations.

What Does a Reverse Mortgage Specialist in Wylie Cost?

Typical costs for a reverse mortgage specialist in Texas include an origination fee of up to 2 percent of the home value, capped at 6000 dollars. Other costs include the FHA mortgage insurance premium of 2 percent upfront and 0.5 percent annually, plus appraisal and title fees. Total closing costs often range from 5000 to 15000 dollars depending on the loan amount and property value. 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 are the age requirements for a reverse mortgage in Wylie Texas?
You must be at least 62 years old to qualify for a reverse mortgage in Texas. All borrowers on the title must meet this age requirement. The property must be your primary residence.
Do I need counseling before getting a reverse mortgage in Texas?
Yes, Texas law requires you to complete a counseling session with a HUD-approved counselor. This session must happen before you submit your application. The counselor explains the loan terms and your obligations.
What types of properties qualify for a reverse mortgage in Wylie?
Single-family homes, HUD-approved condominiums, and manufactured homes that meet FHA standards qualify. The property must be located in Wylie Texas and be your primary residence. Two-to-four unit properties may also qualify if you live in one unit.