Serving Austin, TX
Reverse Mortgages in Austin
HECM Education for Austin Homeowners
Why Austin homeowners are exploring reverse mortgages
Austin's market correction scared a lot of people away from thinking about home equity. Values dropped from the 2022 peak, and the instinct was to wait. But here's what that thinking misses: a home bought for $250,000 in 2012 is still worth $450,000+ after the correction. That's $200,000 in equity that exists right now.
More importantly, a HECM line of credit established today starts growing immediately — at the same rate as the loan, regardless of what home values do next. If Austin values recover (as most forecasts suggest), your position only improves. If they stay flat, the credit line still grows. You've locked in access to equity at today's value and built a safety net that expands every year you don't touch it.
For Austin retirees staring at $8,000–$10,000 annual property tax bills (Texas has no income tax, but the property tax rates of 1.8–2.2% more than make up for it), that growing credit line isn't theoretical. It's the difference between absorbing the next tax increase comfortably and scrambling to cover it.
Austin housing snapshot
$480,000
Median home value
100,000+
Population 65+
$1,249,125
2026 FHA lending limit
Neighborhood & community values
What makes Austin unique for reverse mortgages
Post-correction is the right time to open a credit line
Austin values corrected from the 2022 peak but remain well above pre-boom levels. Establishing a HECM now means the credit line starts growing immediately. If values recover, your borrowing power increases too. Waiting costs you years of credit line growth. See how the credit line grows →
Sun City Georgetown — built for HECM
Georgetown's Sun City is one of Texas' largest 55+ communities. Homes in the $350,000–$500,000 range, high percentage of owners 62+, many with no existing mortgage. It's the demographic and price-point sweet spot for reverse mortgages.
Over-65 homestead exemption freezes school taxes
Texas homeowners 65+ get their school district property taxes frozen at the level the year they turned 65 or acquired the home. That's a permanent cap on the biggest piece of your tax bill. Combined with a HECM eliminating your mortgage, two of your largest monthly costs are locked down.
Texas gives you extra time to decide
Texas requires a 12-day cooling-off period after counseling and another 12 days after application before closing. That's more decision time than any other state — built-in consumer protection so you're never rushed into a commitment.
How much can Austin homeowners get?
Based on a median home value of $480,000 in the Austin area, a typical HECM borrower at current rates might access:
Age 65
35-43%
of home value
Age 75
45-53%
of home value
Age 85
55-64%
of home value
These are approximate ranges based on typical expected rates. Your actual amount depends on age, home value, and current rates. Use our free calculator for a personalized estimate or see full amount tables.