Texas Senior Care and Housing Directory
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Reverse Mortgage Lenders - San Marcos, TX

Home Equity Conversion Mortgages (HECMs)

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Reverse Mortgage Lenders Serving San Marcos, TX - A reverse mortgage is a loan available to homeowners, 62 years or older, that allows them to convert part of the equity in their homes into cash. The product was conceived as a means to help retirees with limited income use the accumulated wealth in their homes to cover basic monthly living expenses and pay for health care. However, there is no restriction how reverse mortgage proceeds can be used. The loan is called a reverse mortgage because instead of making monthly payments to a lender, as with a traditional mortgage, the lender makes payments to the borrower. The borrower is not required to pay back the loan until the home is sold or otherwise vacated. As long as the borrower lives in the home he or she is not required to make any monthly payments towards the loan balance. The borrower must remain current on property taxes, homeowners insurance and homeowners association dues (if applicable). To learn more about getting a Home Equity Conversion Mortgages (HECMs) loan contact the following reverse mortgage lenders.



Reverse Mortgage Funding - Specializing in Texas Reverse Mortgages

Reverse Mortgage Funding


14415 Sugar Mill Circle | Houston, TX
Serving ALL Texans. Reverse Mortgage Funding LLC (RMF), a wholly owned subsidiary of Reverse Mortgage Investment Trust Inc., is an independent HECM lender. HECMs—also known as reverse mortgages—are all we do. We don’t have to compete for corporate priorities or multiple lines of business. Our objective is to help older Americans fund their retirements and continue living in their own homes, by providing innovative reverse mortgage products and offering a transparent, informative lending experience that inspires confidence and trust. Contact Vicki Cheairs, a Vicki Cheairs, a HECM Loan Specialist with Reverse Mortgage Funding to learn more. NMLS #543256. RMF NMLS # 1019941. MORE DETAILS >>


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