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Texas Reverse Mortgages Help Seniors

One key benefit of a Texas Reverse Mortgage is the ability for seniors to use the funds how they want. Some people choose a Reverse Mortgage to eliminate monthly mortgage payments and help pay unexpected expenses. They can also:

  • Pay for medical care, prescription drugs and in-home care
  • Make home improvements and repairs
  • Modify their home for better accessibility
  • Travel to visit family and friends
  • Contribute to a grandchild’s college education

To be eligible, all Texas Reverse Mortgage borrowers must be the titleholder(s) of the property, with a maximum of three titleholders, all borrowers must be age 62 or older, and the borrowers must own an eligible property type.

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Look for a Texas Certified Reverse Mortgage Specialist that SHOPS multiple Lenders and Programs for you to COMPARE, and has FLEXIBILITY with their Rates and Fees that big, impersonal, non-locally managed banks don't allow.

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