Serving Texas
Reverse Mortgages in Texas
Honest HECM Education for TX Homeowners
Why Texas homeowners are exploring HECM
Texas is home to one of the fastest-growing senior populations in the nation, and many of these homeowners are sitting on significant equity built over decades of strong property appreciation. Whether you're in a suburban Houston home that's tripled in value, a Dallas ranch-style that's now worth more than you ever imagined, or an Austin property that's ridden the city's explosive growth, that equity represents a financial resource most Texans aren't using. With no state income tax, strong homestead protections, and Texas-specific consumer safeguards built into the reverse mortgage process, Texas is one of the best states in the country for HECM borrowers.
Texas housing snapshot
~$340,000
Approximate median home value
$1,249,125
2026 FHA lending limit (nationwide)
Texas housing markets vary significantly by metro area. Austin commands premium prices due to its tech-driven growth, while Houston, Dallas-Fort Worth, and San Antonio offer strong values at more moderate price points. Texas property taxes are among the highest in the nation (since there's no state income tax), which makes the HECM's ability to help manage ongoing housing costs especially relevant. The senior homestead exemption and school tax ceiling help offset this burden.
TX metro area estimates
Values are approximate and for educational purposes only. Actual HECM amounts depend on appraised value, borrower age, and current interest rates.
What makes Texas unique for reverse mortgages
No state income tax: Texas is one of the most tax-friendly states for retirees. HECM proceeds are not taxable at the federal level, and with no state income tax, you receive your equity completely tax-free.
Extra consumer protections: Texas requires a 12-day cooling-off period after counseling and a 12-day period after application before closing. These additional safeguards give you more time to make an informed decision without pressure.
Strong homestead protections: Texas has some of the most robust homestead protections in the country. Your home remains protected from most creditors, and this protection continues with a HECM.
Senior property tax benefits: Texas homeowners 65+ qualify for additional homestead exemptions and a school district tax ceiling (freeze). These reduce your ongoing property tax obligations — one of your key HECM responsibilities.
Growing equity markets: Texas metros have seen strong and sustained property appreciation, giving homeowners substantial equity to access. Even moderate-value Texas homes can generate meaningful HECM proceeds. Mortgage lending in Texas is regulated by the Texas Department of Savings and Mortgage Lending.
How it works for TX homeowners
The HECM process in Texas follows the same federally regulated steps as every other state — with some local nuances in property taxes, insurance, and appraisal timelines.
Free consultation
We discuss your situation, goals, and whether a HECM makes sense for your Texas home.
HUD counseling
You'll speak with an independent, HUD-approved counselor — required for every borrower, for your protection.
Application & appraisal
An FHA-approved appraiser evaluates your Texas property to determine your home's value and condition.
Underwriting & closing
Your application is reviewed, documents are prepared, and you close — typically 30-45 days from application.
Receive your funds
Choose your disbursement: lump sum, line of credit, monthly payments, or a combination. No monthly mortgage payments.