How It Works
The U.S. Government (FHA) will guarantee your loan. You will receive approximately 50%-80% of the equity in your home (the value of the home less any mortgage debt) at the low interest rate of 4%-6% and you never have to repay the loan as long as you live in your home. The older you are, the more equity you will receive. The only requirement is that you must be 62 or older and own your own home. You must keep your homeowners insurance in force and pay your property taxes. The amount you receive is based on the actual appraisal value of your home, the interest rate in effect when you sign your application and your age. The older your are… the more you receive. You still own your home and you may sell it anytime you want. There are no interest payments or principle payments due as long as you live in your home. If you currently have either a mortgage or another loan on your home, it will be paid off at closing. That's it; there are no other requirements.
Call Reverse Mortgage of Texas at 1-866-784-7300 and get started today.
Wondering how much you can get from your home? Contact us now .
HighTechLending Inc. Licensed by the Department of Corporations under the California Residential Mortgage Lending Act.7147
licensed in AZ#0912577, CA#4130937, FL #7147, HI #MB1393, OR# MI4386, TX #7147, WA #7147
All consumer complaints are handled by Lender Support Services, LLC. Should you have a complaint, for any reason, please email Stuart Scull at email@example.com or call 855-554-6155. Lender Support Services, LLC will follow up with you for resolution.
Pursuant to the requirements of Texas administrative code, Title 7, Section §81.200(c),You are hereby notified of the following: Consumers wishing to file a complaint against a Mortgage Banker or a licensed Mortgage Banker Residential Mortgage Loan Originator should complete and send a complaint form to the Texas department of Savings and Mortgage Lending, 2601 North Lamar, Suite 201, Austin, Texas 78705. Complaint Forms and Instructions may be obtained from the department's website at www.sml.texas.gov. A toll-free consumer hotline is available at 1-877-276-5550. The department maintains a recovery fund to make payments of certain actual out of pocket damages sustained by borrowers caused by acts of licensed mortgage banker residential mortgage loan originators. A written application for reimbursement from the recovery fund must be filed with and investigated by the department prior to the payment of a claim. For more information about the recovery fund, please consult the department's website at www.sml.texas.gov.