Mortgage Of Texas & Financial

Mortgage of Texas & Financial LLC is a full-service residential and small commercial mortgage brokerage company that has been serving Texans since 2011. We are committed to providing exceptional service, knowledge, and accuracy in every transaction. Our goal is to help our clients achieve their dream of homeownership while ensuring a smooth and hassle-free experience. Our team of experienced mortgage professionals is dedicated to educating our clients on the various mortgage options available to them and finding the best fit for their unique situation.

At Mortgage of Texas & Financial LLC, we believe that knowledge is power. That's why we strive to stay up-to-date with the latest industry trends and regulations. We are proud to offer a wide range of mortgage products, including Conventional loans, VA loans, FHA loans, and Reverse Mortgages. We understand that every client's situation is unique, and we are committed to finding the best solution for their needs.

Our Services

At Mortgage of Texas & Financial LLC, we offer a variety of services to help our clients achieve their homeownership goals. Our services include:

• Mortgage Loan Originations: We offer a wide range of mortgage products to fit our clients' unique needs. Our experienced loan originators work closely with our clients to understand their financial situation, goals, and preferences. We then offer tailored mortgage solutions to help them achieve their dreams of homeownership.
• Mortgage Loan Processing: Our team of experienced mortgage processors handles all aspects of loan processing, from application to closing. We work closely with our clients, real estate agents, and other stakeholders to ensure a smooth and efficient process.
• Underwriting: Our team of underwriters carefully reviews each loan application to ensure compliance with mortgage industry standards and regulations. We use the latest technology and underwriting guidelines to make informed decisions quickly and accurately.
• Closing Services: Our team of closing specialists handles all aspects of loan closing, from document preparation to funding. We work closely with our clients, real estate agents, and other stakeholders to ensure a smooth and seamless closing experience.

About Reverse Mortgages

A Reverse Mortgage is a type of loan available to homeowners aged 62 or older that allows them to convert part of the equity in their home into cash. With a Reverse Mortgage, homeowners can eliminate their mortgage payments and instead begin to receive a monthly payment. Reverse Mortgages have several benefits, including:

• No monthly mortgage payments
• No prepayment penalty
• No limitations on how the funds can be used
• The ability to stay in the home as long as the borrower wishes

Who Qualifies for a Reverse Mortgage?

To qualify for a Reverse Mortgage, borrowers must meet the following requirements:

• Be 62 years of age or older
• Have substantial equity or own the property free and clear
• Occupy the property as their principal residence
• Have income sufficient to maintain the home and pay taxes and insurance

If you're thinking about a Reverse Mortgage, Mortgage of Texas and Financial LLC has a Reverse Mortgage Specialist you may contact directly to get the ball rolling. The first step to qualifying for a reverse mortgage is to complete our Pre-Approval worksheet and send it in to us. If you have any questions, you can call our office or call our specialist, Bob Stakes directly at 210.556.5367.