Texas
Texas Reverse Mortgage (HECM) Loans
Texas homeowners 62 and older can use a HECM to replace a mortgage payment, set up monthly income, or open a line of credit — while staying in the home.
What Texas Homeowners Ask About
Homestead protections
Texas has its own constitutional rules for home equity lending. Reverse mortgages are allowed, with specific requirements at closing.
Property taxes
Texas property taxes run high, and they stay your responsibility. Many homeowners 65+ also qualify for exemptions and a tax ceiling — worth checking with your county.
Rising insurance
A line of credit is often used as a cushion for premium increases and storm-related costs.
How It Usually Works
- A conversation about your home, your mortgage balance and your goals
- A session with an independent HUD-approved counselor, which is required
- An application, appraisal and underwriting
- Closing, with funds available as a lump sum, monthly income, a line of credit, or a combination
Ready to Talk It Through?
Call 208-412-3676 or send a message. No pressure, no obligation.