Reverse Mortgage Loans
Reverse mortgages allow homeowners aged 62 and older to convert home equity into cash while continuing to live in their homes.
Reverse mortgages allow homeowners aged 62 and older to convert home equity into cash while continuing to live in their homes. The most common type, Home Equity Conversion Mortgages (HECM), are insured by the Federal Housing Administration and provide flexible payout options including lump sums, monthly payments, or credit lines. No monthly mortgage payments are required, with the loan becoming due when the borrower moves, sells, or passes away.
Counseling-First Process
Independent HUD counseling before any commitment — required and right.
Family-Inclusive Guidance
We welcome adult children and advisors into the conversation.
Texas Licensed
Reverse mortgage guidance under NMLS #2692844.
How does a reverse mortgage compare to a traditional refinance?
| Reverse mortgage (62+) | Traditional refinance | |
|---|---|---|
| Monthly payment | No required monthly principal-and-interest payment | Required monthly payments |
| Direction of funds | Converts equity into funds or a credit line | Restructures existing debt |
| Repayment | Due when you sell, move, or pass away | Monthly over the loan term |
| Obligations | Keep paying taxes, insurance, and upkeep | Keep paying taxes, insurance, and upkeep |
| Best fit | Homeowners 62+ supplementing retirement | Homeowners optimizing an existing loan |
Program guidelines vary by scenario. Contact us for options based on your situation.
Frequently Asked Questions
What is a Reverse Mortgage Loan program?
Reverse mortgages allow homeowners aged 62 and older to convert home equity into cash while continuing to live in their homes.
How do I apply for Reverse Mortgage Loans with TPRG Capital?
Request a free quote or apply online, then a TPRG Capital loan officer will review your goals and recommend the best reverse mortgage loans option for your situation. Call (972) 679-1613 to get started.
Do I still own my home with a reverse mortgage?
Yes. Title stays in your name. The loan is repaid when you sell, move out, or pass away — and you remain responsible for property taxes, insurance, and maintenance in the meantime.
Can the bank take my home?
A reverse mortgage in good standing cannot be called due while you live in the home and meet your obligations (taxes, insurance, upkeep). Federal counseling is required before closing precisely so every borrower understands the terms.
What happens to my heirs?
Heirs can keep the home by paying off the loan balance, or sell it and keep any remaining equity. Because most reverse mortgages are federally insured, heirs never owe more than the home\u2019s value.
Is a reverse mortgage right for me?
It depends on your goals, other retirement assets, and how long you plan to stay in the home. We walk through the honest pros and cons — and if a different tool fits better, we will say so.
Ready to Explore Reverse Mortgage Loans?
Get a free, no-obligation quote today.
Secure & Confidential • Quick Process • No Obligation
Get Started With Reverse Mortgage
A reverse mortgage is a retirement decision before it is a loan decision. We slow the process down, involve your family if you wish, and put every obligation in writing.
Why borrowers choose Reverse Mortgage
We start with your goals — staying in the home, monthly cash flow, a standby credit line — and model honestly whether a reverse mortgage or an alternative serves them better.
Your loan officer coordinates the required independent counseling, walks through the obligations that keep the loan in good standing, and answers your family\u2019s questions directly.
From Frisco, we serve Texas homeowners 62 and over under NMLS #2692844 — with a firm rule that no client proceeds until they can explain the loan back to us.
Considering options for a parent? We are glad to hold that conversation with the whole family present.
HUD\u2019s official consumer guide to reverse mortgages is available from the HECM program office. When you are ready, request your free quote today.
This content is for general information only and is not a commitment to lend or an offer of specific terms. Program guidelines, qualification requirements, and terms are subject to change without notice. All loans subject to credit approval. TPRG Capital, Jimmy D. Williams, NMLS #2692844. Equal Housing Lender. Licensed in Texas.