A Home Equity Conversion Mortgage (HECM’s), also known as Reverse Mortgages are federally-insured and backed by the U.S. Department of Housing and Urban Development (HUD). HECM loans can be used for any purpose. Unique Retirement Planning Tool
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Get directions, reviews and information for Reverse Mortgages of Texas in Houston, TX. Reverse Mortgages of Texas Houston TX 77057. Reviews (713) 303-8314. Menu & Reservations Make Reservations . Order Online Tickets Tickets See Availability.
Your Reverse Mortgage Specialist is a Mortgage company located in Houston, Texas that specializes in Reverse Mortgage.
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· The mortgage loan does not require repayment until the borrower dies or the home is sold. It is called reverse because the lender pays the homeowner. advantage: houston reverse mortgage home Loan Houston Tx Houston Home Loan NMLS: 206277. We are a local houston-area mortgage company and we
Proprietary Reverse Mortgage -This type of program is offered by banks, credit unions and other financial companies designed for people with very high-value homes. Depending on the type of loan, borrowers may be able to receive payments as (a) lump sum, (b) line or credit, (c) fixed monthly payment for a specific period of time or as long as they live in the house, or (d) combination of payment options.
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A reverse mortgage is a special type of home loan that lets a homeowner convert a portion of the equity in his or her home into cash. Home loans houston mortgage company houston The average mortgage rate has continued to decline. Next: Unique homes for sale in Houston’s historic districts The average mortgage rate has continued to decline.