Reverse Mortgage Programs

Texas Reverse Mortgage

A reverse mortgage or HECM (Home Equity Conversion Mortgage) is a financial tool that allows homeowners ages 62 and older to convert part of their home equity into cash payments and/or a line of credit. Since there are no restrictions on how the proceeds can be used, many reverse mortgage borrowers use HECM to:

  • Purchase a new home
  • Pay medical bills
  • Move closer to family members
  • Travel
  • Supplement retirement income

HECM products offer many advantages for seniors today. Those who choose this option enjoy the continued ownership of their home without having to make a monthly mortgage payment*. Medicare payments are not affected and the homeowner gets to choose between a lump sum payment, a line of credit or guaranteed monthly payments.

Contact us to discuss your options and decide what program works best for you.

*Homeowner must continue to pay property taxes, required insurance and any applicable HOA fees.


  • 62 years or older
  • Must live in home as primary residence; vacation homes and investment properties do not qualify
  • Complete a HUD-approved counseling session
  • Must be able to pay homeowners taxes, insurance, and any applicable HOA fees

Reverse Mortgage Questions?

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