Reverse mortgage in Texas
HUD's loan records identify the lenders in Texas, where their loans are and who counsels there.
- In a year, Texas saw 1,738 HECMs closed
- Median home value HUD counted: $306,000
- Longbridge Financial had the most HECMs of any lender in Texas (406)
HUD's HECM data shows 1,738 reverse mortgages closed in Texas between September 2025 and August 2026, 7.1% of the nation's 24,529. Texas places third once the 50 states and DC are ranked together.
Among those loans, 61 borrowers bought a home using HECM for Purchase, 147 of them refinanced an older HECM, while 21 reached the $1,249,125 value cap.
Texas HECMs compared with the national figures
The final two rows are drawn from the calculator.
| Texas | Against all HECMs | |
|---|---|---|
| HECMs closed | 1,738 | 7.1% of all 24,529 |
| Median home value counted | $306,000 | $134,000 less |
| Median principal limit | $136,055 | $58,117 less |
| Principal limit as a share of value | 43.2% | 0.2 points lower |
| Median expected rate | 5.875% | the same |
| HECM for Purchase | 3.5% | 2 points lower |
| Refinanced HECMs | 8.5% | 2.4 points lower |
| Lenders with a loan here | 26 | of 34 nationwide |
| At age 70, amount remaining after costs, median home, no mortgage | $103,436 | $48,104 less |
| Usable in the first year at age 70 | $56,190 | $27,414 less |
Texas HECM lenders, ranked by number of loans
HECMs in Texas were sponsored by 26 lenders. The top three lenders, Longbridge Financial, Finance of America Reverse and Mutual of Omaha Mortgage, wrote 1,183 of the 1,738 loans (68%). See the national ranking for comparison.
| Rank | Lender | HECMs | Share |
|---|---|---|---|
| 1 | Longbridge Financial | 406 | 23.4% |
| 2 | Finance of America Reverse | 395 | 22.7% |
| 3 |  | 382 | 22% |
| 4 | South River Mortgage | 127 | 7.3% |
| 5 | Traditional Mortgage Acceptance Corporation | 80 | 4.6% |
| 6 |  | 58 | 3.3% |
| 7 | Guild Mortgage | 49 | 2.8% |
| 8 | PHH Mortgage | 42 | 2.4% |
| 9 |  | 32 | 1.8% |
| 10 |  | 30 | 1.7% |
In Texas, local lenders and brokers that originated HECMs
A total of 172 companies received Texas HECM applications. Outside the national lenders, the firms that originated the most were Atlantic Avenue Mortgage (80), Loandepot.com (69), Trebor Reverse Mortgage (48), Senior Lending (40), Caliver Beach Mortgage (39), New American Funding (22), All Reverse Mortgage (21) and Movement Mortgage (20). These counts are of the company that originated each loan, while the ranking above counts the lender that sponsored it, so the two lists are not comparable.
Where Texas HECMs were originated
Harris County led the state, taking 229 of the 1,738 loans, while Dallas had 185. Cities with the most: Austin (49), Fort Worth (53), San Antonio (74), Dallas (99), Houston (143). City names are the mailing city on each HUD record and can reach into nearby counties, so a city's count need not match the county table.
| County | HECMs | Share |
|---|---|---|
| Harris | 229 | 13.2% |
| Dallas | 185 | 10.6% |
| Tarrant | 155 | 8.9% |
| Bexar | 87 | 5% |
| Denton | 62 | 3.6% |
| Travis | 59 | 3.4% |
Texas HUD-approved reverse mortgage counselors
HUD's list shows 10 counseling agencies for reverse mortgages based in Texas, spread across 5 cities. HUD's counselor search lists their phone numbers.
| City | Agency | How they counsel | Languages |
|---|---|---|---|
| Arlington, TX | Credit.org - Arlington, TX Branch | phone, video | English, Spanish |
| Dallas, TX | Balance - Dallas | phone, in person, video, online, group | English |
| Dallas, TX | Dallas County Home Loan Counseling Center | phone | English |
| Dallas, TX | Navicore Solutions- Dallas, Tx | phone, in person | English, Spanish |
| Dallas, TX | Services of Hope Entities | phone | English |
| Fort Worth, TX | Housing Opportunities of Fort Worth | phone, in person, video, group | English, Spanish |
| Houston, TX | Credit Coalition | phone, phone only, video, online, group | English |
| Houston, TX | Credit Coalition Hecm-Hope | phone, in person | English |
| Stafford, TX | Money Management International - Houston Call Center | phone, in person, online, group | English, Spanish |
| Stafford, TX | Money Management International | phone, online, group | English, Spanish |
Property tax relief for older Texas homeowners
In Texas, you qualify for an added $60,000 school-district residence homestead exemption if you are 65 or older, own your home and live in it. Property Tax Exemptions.
Who oversees reverse mortgage lenders in Texas
One agency licenses and regulates the mortgage industry in Texas, the Department of Savings and Mortgage Lending. Department of Savings and Mortgage Lending ⋆ State of Texas Agency.
Data comes from the HUD HECM portfolio snapshot, covering September 2025 to August 2026. See Every state.