This Reverse Mortgage Calculator has been designed to help take the guess work out of your Reverse Mortgage research.
Reverse mortgage loans are a way for older homeowners to convert their home’s value into tax-free cash, without having to sell or move.
At Terra Vista Mortgage, we are honored to serve as your Reverse Mortgage experts. We work tirelessly to help seniors living in Texas find the right solutions for their financial needs. If you’re 62 or older and looking for money to finance a home improvement, pay off your current mortgage, supplement your retirement income, or pay for healthcare expenses, a reverse mortgage may be right for you.
Reverse Mortgage: a product that allows you to convert part of the equity in your home into cash without having to sell your home or pay additional monthly bills.
We pride ourselves on educating our clients on the Pro’s and Con’s of a reverse mortgage and understand that it is not right for everyone. Our goal is to help you, the client, make the right decision for your situation and will never sell a product to someone who is not a good fit.
We specialize in the following reverse mortgage:
Home Equity Conversion Mortgages (HECMs): Federally-insured reverse mortgages backed by the U.S. Department of Housing and Urban Development
For more information on how a reverse mortgage can improve your life, please fill out one of our simple quote forms or give us a call at (800) 947–6099.
TerraVista Mortgage is not affiliated with any governmental agency. The material shown on this site is for informational purposes only and is not an offer to lend or extend credit. All applications are subject to underwriting approval and guidelines. Not all applicants will qualify for loan products described. All loan programs, terms, pledges, guarantees and conditions are subject to the rules and regulations and to change without notice.