Texas Reverse Mortgages
At All Reverse Mortgage, Inc., we take pride in being Texas’s #1 Rated Reverse Mortgage, dedicated to serving homeowners for over 20 years. Our A+ Rating from the Better Business Bureau and numerous 5-star reviews demonstrate our commitment to delivering exceptional service and the most favorable terms available.
Since 2004, our mission has been to empower Texas homeowners to make the most of their home’s equity with peace of mind. As a HUD-approved lender, we offer a wide range of Home Equity Conversion Mortgages (HECM) and Jumbo Reverse Mortgage options tailored to fit your unique needs and financial goals.
With our competitive rates and lower costs, we help you retain more of your home’s equity. At All Reverse Mortgage, Inc., we believe that experience matters, and we’re here to guide you every step of the way on your reverse mortgage journey.
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 |
Top 20 Reverse Mortgage Lenders in Texas
| Lender | Rating | Years in Business | Stars (0-5) | Good Review % | Complaints | BBB Review |
|---|---|---|---|---|---|---|
| All Reverse Mortgage, Inc. (ARLO) | A+ | 20 | 4.99/5 | 99.8% | 0 | Source |
| Advisors Mortgage Group | A+ | 25 | 1.00/5 | 20.0% | 6 | Source |
| Atlantic Avenue Mortgage LLC | B+ | 2 | 4.94/5 | 98.8% | 2 | Source |
| American Pacific Mortgage | F | 28 | 2.00/5 | 40.0% | 13 | Source |
| Ennkar Inc. | A+ | 14 | 4.00/5 | 80.0% | 2 | Source |
| Fairway Independent Mortgage | A+ | 28 | 4.4355 | 87.0% | 35 | Source |
| Finance of America Reverse LLC (FAR) | A+ | 21 | 1.00/5 | 20.0% | 30 | Source |
| GoodLife Home Loans | A+ | 12 | 4.43/5 | 88.6% | 0 | Source |
| Guild Mortgage Company (Formerly Cherry Creek LLC) | A+ | 64 | 1.36/5 | 27.2% | 34 | Source |
| HighTechLending Inc | A+ | 18 | 4.93/5 | 98.6% | 0 | Source |
| Liberty Home Equity Solutions Inc. | A+ | 21 | 1.00/5 | 20.0% | 2 | Source |
| Longbridge Financial LLC | A+ | 12 | 3.78/5 | 75.6% | 19 | Source |
| Mid America Mortgage Inc. | A+ | 66 | NA | NA | NA | Source |
| Moneyhouse | NR | 27 | NA | NA | 0 | Source |
| Movement Mortgage, LLC | A+ | 17 | 4.80/5 | 95.6% | 109 | Source |
| Mutual of Omaha Mortgage | A+ | 11 | 3.92/5 | 78.4% | 45 | Source |
| Open Mortgage LLC | A+ | 21 | 2.60/5 | 52.0% | 1 | Source |
| Plaza Home Mortgage Inc | A+ | 24 | 2.47/5 | 49.4% | 13 | Source |
| Smartfi Home Loans | A+ | 5 | NA | NA | 0 | Source |
| South River Mortgage, LLC | A+ | 5 | 3.16/5 | 63.2% | 15 | Source |
Why Choose a HUD-Approved Texas Reverse Mortgage Lender
At All Reverse Mortgage, Inc. (ARLO™), we are proud to be a HUD-approved lender, authorized to provide Home Equity Conversion Mortgages (HECM), also known as reverse mortgages. This HUD approval underscores our reliability and commitment to putting your needs first, ensuring you receive trustworthy, expert guidance from start to finish.
As a trusted reverse mortgage lender serving homeowners across Texas, we specialize in helping you unlock the potential of your home’s equity. Whether your goal is to pay off your existing mortgage and eliminate monthly payments or to access funds for other financial needs, our team is here to support you at every step, with personalized service tailored to your unique situation.
About All Reverse Mortgage of Texas
With deep roots in the reverse mortgage industry, our team at All Reverse Mortgage of Texas has been at the forefront of innovation, including the introduction of the first fixed-rate jumbo reverse mortgage in 2008. Our extensive experience enables us to provide tailored solutions for Texas homeowners with high-value properties, especially in situations where a traditional HECM may not be the best fit.
Navigating the reverse mortgage process can feel complex, but our seasoned professionals are here to simplify it for you. We take the time to explain the benefits and considerations of each option, empowering you to make informed decisions that align with your financial goals.
For homeowners aged 62 and older, reverse mortgages have become a powerful tool for managing retirement finances in the Lone Star State. Whether you’re seeking 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.
As a fully licensed lender by the Texas Department of Savings & Mortgage Lending (License/Registration #84280), All Reverse Mortgage, Inc. (ARLO™) is here to answer your questions and provide the personalized support you need to make the best choice for your financial future.
2024 Texas Reverse Mortgage Lending Limits and Eligibility
Texas, often celebrated as the “Lone Star State,” is home to nearly 30 million residents, with over 1.4 million homeowners aged 62 and older. This demographic represents a significant portion of Texans who may qualify for a reverse mortgage, offering them an effective way to tap into their home’s equity for financial flexibility.
As of September 2024, the average home value in Texas stands at $301,011, comfortably within the maximum reverse mortgage lending limit of $1,209,750. These lending limits make reverse mortgages a practical option for many Texas homeowners, allowing them to leverage their property’s value to support their retirement goals.
Texas’s rich heritage is marked by a diverse history and cultural tapestry, reflecting the state’s early days, its independence, and eventual statehood in 1845. Known for its expansive landscapes and varied climates—from the cool winters of the Panhandle to the mild, warm winters along the Gulf Coast—Texas offers a wealth of experiences, from Austin’s vibrant music scene to the world-renowned arts venues in Houston.
The state’s slogan, “Six Flags over Texas,” is a testament to its storied past, symbolizing the six nations that have governed it: Spain, France, Mexico, the Republic of Texas, the Confederate States of America, and the United States. Texas’s unique identity and dynamic growth make it an ideal setting for homeowners to explore the benefits of reverse mortgages.
Explore your Texas reverse mortgage options today!
If you reside in Texas, All Reverse Mortgage, Inc. (ARLO™) is here to help. Access our online reverse mortgage calculator to estimate your lending limit, or call us Toll-Free at (800) 565-1722.
We’re ready to assist you in making informed decisions to ensure you can continue enjoying your retirement.
Reverse Mortgage Counseling Agencies in Texas
| 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:
