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Compare Texas's Best Reverse Mortgages!
Compare Texas's Best Reverse Mortgages!
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Texas's #1 Reverse Mortgage

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ARLO

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In your current area 100 homeowners are currently utilizing reverse mortgages to better enhance their retirement years, with 500,000 nationwide!

The amount you receive is based on your home’s value, your age, and current interest rates. Let’s start with your address so I can estimate your home value…
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If you feel this estimate is not correct you can manually change it below. If you have an existing mortgage balance, I'll need to know the amount we are going to pay off to get rid of that mortgage payment!

Please provide your estimated home value

If you presently have an existing mortgage balance, I'll need to know the amount we are going to pay off to get rid of that mortgage payment!
(Our calculations use estimated property values provided by Estated.com. An independent HUD-approved appraiser must complete an appraisal to finalize your loan)
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The minimum qualifying age for a reverse mortgage is 55

Don’t forget to include your spouse’s age, even if they are not yet 55, as loan proceeds are always based on the age of the youngest spouse.
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Your personalized results include the best of 2024's reverse mortgages
  • Side-by-side loan comparisons
  • Real-time interest rates
  • ARLO™ advice to help you select the right program
BBB A+ logo 2021 BBB Torch Award Finalist
We maintain an A+ exemplary rating by the Better Business Bureau with a perfect 5-Star customer review.
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From America's #1 Rated Reverse Mortgage Lender

Top Reverse Mortgage Lenders in Texas

Lender Rating Years in Business Stars (0-5) Good Review % Complaints BBB
All Reverse Mortgage, Inc. (ARLO) A+ 19 4.9/5 99% 0 Source
Advisors Mortgage Group A+ 24 1.6/5 33% 5 Source
American Advisors Group (AAG) A 19 4.7/5 94% 76 Source
American Pacific Mortgage F 28 1.5/5 30% 15 Source
Ennkar Inc. A+ 13 3.6/5 73% 3 Source
Fairway Independent Mortgage A+ 27 4.8/5 96% 44 Source
Finance of America Reverse LLC (FAR) A+ 20 1/5 20% 18 Source
GoodLife Home Loans A+ 11 4.4/5 88% 1 Source
Guild Mortgage Company (Formerly Cherry Creek LLC) A+ 63 1.3/5 26% 44 Source
HighTechLending Inc A+ 18 4.9/5 98% 0 Source
Liberty Home Equity Solutions Inc. A+ 20 1.00/5 20% 3 Source
Longbridge Financial LLC A+ 11 3.9/5 79% 16 Source
Mid America Mortgage Inc. A+ 65 3.0/5 60% 0 Source
Moneyhouse A+ NA NA NA 0 Source
Movement Mortgage, LLC A+ 16 4.7/5 95% 113 Source
Mutual of Omaha Mortgage A+ 11 4.8/5 96% 58 Source
Open Mortgage LLC A+ 21 2.8/5 56% 21 Source
Plaza Home Mortgage Inc A+ 23 1.9/5 24% 26 Source
Smartfi Home Loans A+ 5 NA NA 0 Source
South River Mortgage, LLC A+ 5 2.2/5 44% 13 Source
Reviews Updated: 05/20/2024
The BBB is one of the last review sites that does not accept monetary influence in their ratings or posted reviews.
 

All Reverse Mortgage, Inc. (ARLO™) is proud to be Texas's #1 Rated Reverse Mortgage Lender, celebrating 19 Years of excellence. We are the only TX company awarded an A+ Rating by the BBB with perfect 5-Star Reviews.

Since we started in 2004, our goal has remained simple: to offer the best terms with unbeatable customer service. We are HUD Approved and offer a full suite of HECM & Jumbo Reverse Mortgages.

Compare our competitive rates and lower costs to competitors and realize thousands more from your home's equity! The difference is clear, and we can't wait to show you!

Texas Reverse Mortgage Facts

Top 10 Reverse Mortgage Cities in Texas by MCA (January 2024)

1
Dallas
2
Houston
3
Plano
4
Mansfield
5
Richmond
6
San Antonio
7
El Paso
8
Austin
9
Fort Worth
10
Conroe
StateHomeowners Age 62+Reverse Mortgages Closed Last 12 MonthsLenders in TexasAvg. Home Value
Texas1,328,912 2568 34$336,400

Data shown includes all cases with beginning endorsement date between January 01, 2023 and December 31, 2023

HUD Approved Direct Lender

texas reverse mortgage lenders map

All Reverse Mortgage, Inc. (ARLO™) is approved by the Department of Housing and Urban Development (HUD) to originate, underwrite, and close the HUD Home Equity Conversion Mortgage (HECM, or "Heck-um"). The HECM is HUD's acronym for their reverse mortgage loan.

All Reverse Mortgage, Inc. (ARLO™) originates in Texas and offers to refinance loans, where borrowers already own their home and are looking to either pay off their existing loan and have no more monthly mortgage payments; or can help borrowers utilize their equity for other purposes if they have no existing loan or possibly a combination of both.

All Reverse Mortgage, Inc. is licensed by the Department of Savings & Mortgage Lending, License/Registration #84280.

About All Reverse Mortgage of Texas

The owners and management of All Reverse were part of the team that wrote and sold the first fixed-rate jumbo reverse mortgage in 2008. As such, we have extensive experience in jumbo or proprietary loan programs.

We are always looking for new products to offer to borrowers of high-valued homes in the higher home-priced markets that the HUD HECM may not serve as well. Jumbo or proprietary programs typically offer much lower Principal Limits related to values, so not all borrowers are better served with the jumbo programs.

Only a seasoned originator can readily inform borrowers which program will best suit their needs and their positives and negatives so that the borrower can make an informed decision.

It is no longer uncommon anywhere in the country for a market to be a solid HUD HECM market and then within just a short distance for a jumbo niche market to be located where there is a need for a jumbo program.

Therefore, homeowners aged 62 and above in all markets have seen that the reverse mortgage can be an excellent financial tool. Many are now seeking the reverse mortgage to augment their retirement plans rather than the mortgage of last resort.

Everything from the elimination of existing mortgage payments to the line of credit that grows makes reverse mortgage borrowers understand that this program allows them to utilize their homes to live comfortably in their family home and plan.

Texas Lending Limits

texas lending limits

Texas, also known as "the Lone Star state," has an estimated population of over 29.95 million as of 2022. Over 1.3 million are homeowners aged 62 and older. That means almost one and a half million Texans may be eligible for a reverse mortgage.

As of January 2023, the average home value in Texas was $350,200, well below the maximum reverse mortgage lending limit of $1,149,825.

Texas has a vibrant history as a territory in North America. It was home to various indigenous peoples with no dominant culture until the arrival of Spanish settlers. They primarily controlled it until the Texas Revolution in the 19th century.

Although it ultimately gained its independence as a free state after the revolution, infighting between a couple of crucial factions led to early negotiations for annexation by the United States. Texas became a state in 1845 after expansionist James K. Polk was elected to the presidency the year before.

Texas faced another crisis shortly after that, with the onslaught of the American Civil War in the 1860s. General Sam Houston, who had become Texas' governor by that point, staunchly favored the Union but refused President Lincoln's offer to send Union troops to ensure he would stay in office.

Houston was deposed as governor after refusing to pledge his loyalty to the Confederacy. While the state was thrown into a brief bout of turmoil after the fall of the Confederacy, President Andrew Johnson declared the civilian government restored in 1866.

While the Civil War and the Great Depression provided two major economic blows to Texas, the state saw abundant federal money pour in during World War II as the government established military outposts, POW camps, and munitions factories. On its own, Texas manufactured 3% of all American armaments used during the war.

The 1970s and 80s saw added economic prosperity to Texas, as the more industrialized areas of the state saw the economy rely less on the energy industry.

If you want to settle down in Texas, one perk is that its massive size allows it to exist in various climate zones. For example, the state's panhandle has colder winters than North Texas, while the Gulf Coast has mild winters. On the western side of the state in El Paso, there is an average of 8.7 inches of rainfall annually. In comparison, other areas in southeast Texas can see up to 64 inches yearly.

The state also offers a lot when it comes to the arts. Austin is the live music capital of the world. The city has more live music venues per capita than Nashville, Memphis, Los Angeles, Las Vegas, or New York City.

Other venues for art lovers in Texas to check out include the Houston Grand Opera, the Houston Symphony Orchestra, the Houston Ballet, and the Alley Theatre.

Texas also has a long history of various countries having control over it. Because of this, it was given the slogan of "Six Flags over Texas." The slogan is for the six countries with sovereignty over the state or parts of the state at some time. Those countries include Spain, France, Mexico, the Republic of Texas, the Confederate States of America, and the United States of America.

If you reside in Texas, All Reverse Mortgage, Inc. (ARLO™) is here to answer your questions.

Top Lender Resources in TX:

Other Areas of Interest in Texas

Texas Approved Reverse Mortgage Counseling Agencies

Agency NamePhoneAddressWebsiteAgency IDLanguages
DALLAS COUNTY HOME LOAN COUNSELING CENTER214-819-60602377 N Stemmons Fwy Ste 724
Dallas, Texas 75207-2710
www.dallascounty.org81704English
Spanish
NAVICORE SOLUTIONS- DALLAS, TX972-732-676717440 Dallas Pkwy
Suite 134
Dallas, Texas 75287-7336
www.transformanceusa.org81735English
Spanish
TRANSFORMANCE (FORMERLY CCCS OF GREATER DALLAS)214-638-22278737 King George Drive
Suite 200
DALLAS, Texas 75235-2222
www.transformanceusa.org84783ASL
English
Spanish
TRANSFORMANCE - DALLAS214-638-22278737 King George Drive
DALLAS, Texas 75235-2222
www.transformanceusa.org80185English
Spanish
HOUSING OPPORTUNITIES OF FORT WORTH817-923-91921065 W Magnolia Ave
Fort Worth, Texas 76104-4477
www.hud.gov80471English
Spanish
CREDIT COALITION713-224-81003300 Lyons Ave # 203A
Houston, Texas 77020-8252
www.creditcoalition.org81768English
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.

Additional Resources:
Top 10 Lender Reviews & Ratings
Reversemortgage.org NRMLA Members in Texas
HUD.GOV Approved Lenders Search

Texas Reverse Mortgage Lenders
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