Best Reverse Mortgages In Dallas Near Me

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That allow them to convert their home equity into cash income


Homeowners are responsible for paying property taxes, homeowner’s insurance, and home maintenance.


After 15 years in the reverse mortgage industry, we have made the decision to expand our business by adding a partner. While Debbie and I will remain available, our involvement will be limited. We are proud to announce that Brenda Bejarano, a respected professional who shares our values and possesses the necessary attention to detail and ability to facilitate company growth, has accepted our invitation to become our partner. We have had the pleasure of knowing Brenda for over a decade, and without question, she is one of the finest loan officers in the industry.


Brenda brings with her a wealth of experience, having worked as both a loan officer and as the proprietor of her own firm. For the past few years, she has served as an in-house loan processor for a major lending corporation, further augmenting her knowledge and capacity to expedite loan processing while working seamlessly with lenders.


In collaboration with Sandi Duncan, our valued loan processor, coordinator, and administrative assistant, Brenda will continue to deliver the “old-fashioned personal service” that our customers have come to know and appreciate.


We provide reverse mortgage loans for Texas senior homeowners. We are Bob and Debbie Worley, owners of Lone Star Reverse Mortgage, Inc., a Texas-owned and based business serving Texas Senior Homeowners.

Reverse mortgages are our only business and our primary goal is to provide you with complete information regarding reverse mortgage loans as they apply to your specific situation.

A reverse mortgage is not appropriate for everyone and does not fit everyone’s circumstances. We believe you should fully understand the details of a reverse mortgage and only move forward if you determine it would be a benefit to your specific circumstances.

Our experience in providing Texas homeowners with accurate and factual information sets us apart from the competition. We always provide the homeowner with an educational and informative experience complete with good old-fashioned customer service.

We will answer your questions about reverse mortgages including eligibility requirements, the process of obtaining a reverse mortgage, and what you should be concerned about when reviewing your financial options. The complete process is a no-pressure, ethical and honest relationship.

Contact us to get current, up-to-date calculations on how much money you can expect to receive from a reverse mortgage based on the equity you have available in your home. We will estimate your amount based on specific factors such as your age, home value, retained equity, and current rates. A substantial amount of equity is needed and as a rule of thumb, you will need a minimum of 50% or more equity in your home. And, as with any mortgage, you will be responsible for paying your property taxes, homeowner’s insurance, and maintenance costs.

A reverse mortgage In Texas is a powerful and proven financial tool that allows you to access the equity you’ve accumulated in your home.

In the state of Texas, both spouses must be at least 62 years of age and live in their own homes with considerable equity. The significant difference between a reverse mortgage and a forward mortgage is that there are no principal or interest payments required on the home while the borrower occupies the property. The equity built up over years of mortgage payments can be paid to you. Unlike a traditional home equity loan or second mortgage, no repayment is required until the borrower(s) no longer use the home as their principal residence. A reverse mortgage can be used as a tool to secure and plan for your future.

No monthly mortgage payments are required because a reverse mortgage enables homeowners age 62 and over to borrow against the equity in their homes without having to sell the home, give up the title, or take on a new monthly mortgage payment.

4worldlovers: From first-time homebuyers to retirees and every stage of life in between, thousands of families are choosing Open for a secure, affordable, stress-free mortgage experience.

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4worldlovers: * Summit Funding Enterprises i/l/o/t/n Summit Funding, Inc. NMLS ID# 3199

LICENSED BY CA DEPT OF BUSINESS OVERSIGHT #6072526, CA BUREAU OF REAL ESTATE #01220358, AZ LIC# 0925837, GA LIC# 39456.

License # MB.6760957 Illinois Department of Financial and Professional Regulation - Division of Banking 555 W. Monroe, Suite 500 Chicago, IL 60661 PH# (888) 473-4858

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Guild Mortgage is one of the top 10 independent mortgage lenders in the nation*, with knowledgeable residential loan officers in your community. Guild offers deep expertise and personalized service for new home purchases and refinancing to every kind of borrower. Whether you are a first-time homebuyer, upgrading, downsizing, or investing in residential real estate, we have the loan to fit your life. Ask us about any of these loan products: