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This Reverse Mortgage Calculator has been designed to help take the guess work out of your Reverse Mortgage research. Reverse mortgage loans are a way for older homeowners to convert their home's value into tax-free cash, without having to sell or move. TerraVista Mortgage has recently merged with Rubiola Realty and Mortgage to give you the same personal service you have come to expect.

At Terra Vista Mortgage, we are honored to serve as your Reverse Mortgage experts. We work tirelessly to help seniors living in Texas find the right solutions for their financial needs. If you're 62 or older and looking for money to finance a home improvement, pay off your current mortgage, supplement your retirement income, or pay for healthcare expenses, a reverse mortgage may be right for you.

TerraVista Mortgage is committed to helping residents throughout the entire state of Texas with all their reverse mortgage needs, including Austin, San Antonio, Corpus Christi, Houston, Kerrville, Waco, Laredo, Lubbock TX, El Paso, Dallas and Fort Worth.
Services
The team here at TerraVista Mortgage is committed to providing clients with the highest quality financial services combined with the lowest rates available in your area.
The outstanding mortgage professionals here will work with you one on one to ensure that you get a financial solution that is tailored specifically to meet your financing needs.
Whether you are purchasing your dream home, refinancing an outstanding loan, or consolidating debt, the highly experienced team of loan officers here can help you find the right loan program at the lowest rate no matter what your needs are.
In 2016, TerraVista Mortgage was assigned a perfect score from the Texas Department of Savings and Mortgage Lending!
We are an Accredited Business with the Better Business Bureau.
Our Reverse Mortgage Counselors adhere to and maintain standards and a code of conduct that are aimed at protecting the interests of the senior community and their families.
We realize that although Reverse Mortgage products can be an excellent financial solution, they may not be the cure all for your financial needs.
Reverse mortgage loans are a way for older homeowners to convert their home's value into tax-free cash, without having to sell or move.
Qualifying homeowners can choose to receive tax-free payments from reverse mortgage lenders either on a monthly basis, in a lump sum, or as a line of credit.
Reverse mortgage lenders recover the loan amount, plus interest when the home is sold (because owners choose to move, or pass away).
When the home is sold and the reverse mortgage is paid off, any remaining equity will belong to the heirs.
Reverse mortgages are home loans available to seniors over the age of 62 that allow them to obtain cash through home equity they have created.
Seniors are often in need of cash for a variety of expenses including home improvements, unexpected and urgent medical expenses, and in-home care.
The reverse mortgage provides a valuable solution for seniors to acquire this much-needed cash.
The reverse mortgage gets its name because instead of the borrower making payments to a lender, the lender makes payments to the borrower.
When you purchase your home, you are making a significant financial investment.
Over the years, as you continue to pay off your mortgage, you build equity.
A Home Equity Conversion Mortgage (HECM) is a federally guaranteed reversed mortgage program that allows seniors 62 years of age or older to tap into that equity.
A reverse mortgage is designed to help seniors transfer some of the equity they have built into cash.
In some instance, seniors may wish to use a reverse mortgage to purchase a more suitable home.
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