Texas Reverse Mortgages
At All Reverse Mortgage, Inc. (ARLO™), we’re honored to be Texas’s #1 Rated Reverse Mortgage Lender, proudly serving homeowners for 20 years. Our A+ Rating from the Better Business Bureau and perfect 5-star Reviews reflect our commitment to providing exceptional service and the best terms available.
Since 2004, our mission has been to help Texas homeowners make the most of their home’s equity with peace of mind. As a HUD-approved lender, we offer a full range of HECM & Jumbo Reverse Mortgages designed to fit your needs.
With our competitive rates and lower costs, you can keep more of your home’s equity. We’re here to show you the difference experience makes, and we look forward to guiding you every step of the way!
Texas Reverse Mortgage Facts
| Top 10 Reverse Mortgage Cities in Texas |
|---|
| 1 Dallas |
| 2 Houston |
| 3 Plano |
| 4 Mansfield |
| 5 Richmond |
| 6 San Antonio |
| 7 El Paso |
| 8 Austin |
| 9 Fort Worth |
| 10 Conroe |
| Data by MCA (January 2024) |
| State | Homeowners Age 62+ | Reverse Mortgages Closed Last 12 Months | Lenders in Texas | Avg. Home Value |
|---|---|---|---|---|
| Texas | 1,328,912 | 2568 | 34 | $336,400 |
Trusted HUD-Approved Direct Lender in Texas
At All Reverse Mortgage, Inc. (ARLO™), we’re proud to be approved by the Department of Housing and Urban Development (HUD) to offer Home Equity Conversion Mortgages (HECM), commonly known as reverse mortgages. This approval ensures you work with a reliable, trusted lender who puts your needs first.
Serving homeowners across Texas, we specialize in helping you unlock the equity in your home. Whether you’re looking to pay off your existing mortgage and eliminate monthly payments or access your equity for other financial needs, we’re here to guide you through every step of the process.
About All Reverse Mortgage of Texas
Our team has deep roots in the reverse mortgage industry, including being part of the team that introduced the first fixed-rate jumbo reverse mortgage in 2008. This extensive experience allows us to offer tailored solutions for homeowners with high-value properties, especially in markets where a traditional HECM might not be the best fit.
Choosing the right reverse mortgage program can be complex, but our seasoned professionals are here to help. We’ll clearly explain the benefits and considerations of each option, ensuring you can make an informed decision that suits your needs.
Reverse mortgages have become a powerful financial tool for many homeowners aged 62 and above. Whether you’re looking to eliminate monthly mortgage payments or establish a growing line of credit, a reverse mortgage can help you live comfortably in your home while planning for the future.
At All Reverse Mortgage, Inc. (ARLO™), we’re fully licensed by the Texas Department of Savings & Mortgage Lending, License/Registration #84280. We’re here to answer your questions and provide the support you need to make the best choice for your financial future.
Texas Lending Limits
Texas, known as the “Lone Star State,” is home to nearly 30 million people, with over 1.4 million of them being homeowners aged 62 and older. This means that almost one and a half million Texans may qualify for a reverse mortgage, offering a valuable way to access their home’s equity.
As of January 2024, the average home value in Texas is $364,700, which is well within the maximum reverse mortgage lending limit of $1,149,825. This makes reverse mortgages a viable option for many Texas homeowners.
Texas has a rich and vibrant history, from its early days as a territory home to diverse indigenous cultures to its struggle for independence and eventual statehood in 1845. The state has weathered many challenges, including the Civil War and the Great Depression, but has emerged as a hub of economic growth and cultural significance.
Texas is known for its vast size and diverse climates, from the colder winters in the panhandle to the mild, warm winters along the Gulf Coast. The state offers many cultural experiences, including Austin’s thriving live music scene and the world-class arts venues in Houston.
Texas’s history is reflected in its slogan, “Six Flags over Texas,” representing the six nations holding sovereignty over the state: Spain, France, Mexico, the Republic of Texas, the Confederate States of America, and the United States.
If you’re a homeowner aged 62 or older in Texas, a reverse mortgage could be a powerful financial tool for your retirement.
Whether you want to eliminate monthly mortgage payments or access additional funds from your home’s equity, All Reverse Mortgage, Inc. (ARLO™) is here to help. We’re ready to answer your questions and guide you through the process.
Texas Approved Reverse Mortgage Counseling Agencies
| Agency Name | Phone | Address | Website | Agency ID | Languages |
|---|---|---|---|---|---|
| DALLAS COUNTY HOME LOAN COUNSELING CENTER | 214-819-6060 | 2377 N Stemmons Fwy Ste 724 Dallas, Texas 75207-2710 | www.dallascounty.org | 81704 | English Spanish |
| NAVICORE SOLUTIONS- DALLAS, TX | 972-732-6767 | 17440 Dallas Pkwy Suite 134 Dallas, Texas 75287-7336 | www.transformanceusa.org | 81735 | English Spanish |
| TRANSFORMANCE (FORMERLY CCCS OF GREATER DALLAS) | 214-638-2227 | 8737 King George Drive Suite 200 DALLAS, Texas 75235-2222 | www.transformanceusa.org | 84783 | ASL English Spanish |
| TRANSFORMANCE - DALLAS | 214-638-2227 | 8737 King George Drive DALLAS, Texas 75235-2222 | www.transformanceusa.org | 80185 | English Spanish |
| HOUSING OPPORTUNITIES OF FORT WORTH | 817-923-9192 | 1065 W Magnolia Ave Fort Worth, Texas 76104-4477 | www.hud.gov | 80471 | English Spanish |
| CREDIT COALITION | 713-224-8100 | 3300 Lyons Ave # 203A Houston, Texas 77020-8252 | www.creditcoalition.org | 81768 | English Spanish |
Did you know? Texas state does not mandate in-person counseling. Visit our counseling page for a list of phone-based counseling agencies and conduct your required counseling from the comfort of your home.
Other Areas of Interest in Texas
Arlington Austin Conroe Corpus Christi Cypress Dallas El Paso Fort Worth Georgetown Houston Irving Mansfield North Richland Hills Plano Richmond San Antonio
Top Lender Resources in TX:
