FHA-Insured · For Texas Homeowners 62+

No More Monthly Mortgage Payment.
Stay in the Home You Love.

A reverse mortgage lets you tap the equity you've built — without selling your home or making monthly mortgage payments. You stay. You own. You choose.

No monthly mortgage payment required
You keep full ownership of your home
FHA-insured government program
Age 62 or older · Primary residence

HUD counseling is required by law — and it protects you. Before closing, you'll meet with an independent HUD-approved counselor at no cost. Alberto walks you through every step.

Book a Free Call with Alberto Estimate My Benefits First

San Antonio, TX · Free consultation · No obligation · No pressure

62+
Min Age
$0
Monthly Pmt
FHA
Insured
Stay
On Title
1961
Program Since
How It Works

Home Equity Conversion Mortgage (HECM)

The HECM is an FHA-insured loan. No monthly payment is required. The loan is repaid when you sell, move out permanently, or pass away — and you always stay on title as the owner.

How You Receive Your Funds

4 Ways to Access Your Equity

Lump Sum

All funds at closing. Great for paying off an existing mortgage or a large expense. Fixed rate.

Monthly Payments

Steady monthly income for as long as you live in the home, or for a set number of years.

Growing Line of Credit

Draw funds when you need them. The unused portion grows over time. Most flexible option.

Combination

A lump sum to pay off your current mortgage, then a line of credit or monthly payments for the rest.

Simple Process

Your Path to a Reverse Mortgage

Federal program with built-in consumer protections. Alberto walks you through every step — at your pace, with your family if you'd like.

1

Free Call With Alberto

Alberto reviews your situation — home value, age, existing mortgage — and tells you honestly if a reverse mortgage makes sense for you.

2

HUD Counseling

A required session with an independent HUD-approved counselor. They work for you, not any lender. Alberto helps you schedule and prepare.

3

Application & Appraisal

Your home is appraised. FHA guidelines and your age determine how much equity you can access.

4

Choose & Close

Lump sum, monthly payments, a growing line of credit, or a combination. You decide what fits your retirement.

Is This Right For You?

How Texas Homeowners Use a Reverse Mortgage

A reverse mortgage works best for specific situations. Here's how it genuinely helps homeowners aged 62 and older.

Eliminate Your Mortgage Payment

Still have a mortgage? A reverse mortgage pays it off — and removes that monthly obligation completely.

Cover Healthcare & Daily Costs

Supplement Social Security or retirement income without selling investments or the home you love.

Age in Place Comfortably

Fund home modifications — grab bars, ramps, wider doorways — so you can stay safely in your home for years to come.

Build a Financial Safety Net

A HECM line of credit grows over time, unused. Have it available when you need it — without ever being required to draw.

Help Family Without Selling

Support kids or grandkids — tuition, down payment, medical — using equity rather than liquidating retirement accounts.

100+ Wholesale Lenders

As an independent broker, Alberto shops the wholesale market — not just one lender's program. You get competing options.

Reverse Mortgage Estimator

How Much Could You Access?

Enter a few numbers below for a quick estimate. Educational purposes only — Alberto confirms your exact figures at no cost.

Reverse Mortgage Benefit Estimator

Based on 2025 FHA HECM guidelines. Not a commitment to lend.

Estimates use the youngest borrower's age and your home's appraised value, capped at the FHA HECM limit ($1,209,750 in 2025). Existing mortgage balance is subtracted from your available proceeds.

Must be 62 or older Please enter an age of 62 or older.
Your home's appraised market value Please enter a valid home value.
Will be paid off first from proceeds
Variable — Alberto confirms today's rate
Eligibility

Qualification at a Glance

The requirements are set by FHA and are the same nationwide. Here's what you need to know.

Age Required
Youngest borrower must be 62 or older. Younger non-borrowing spouses may stay in the home under specific deferral conditions — ask Alberto.
Property Type Primary
Must be the home you live in full-time. Investment properties and vacation homes do not qualify.
Equity ~50%+
Most borrowers need at least 50% equity, depending on age and rate. Existing mortgages are paid off first from the loan proceeds.
Eligible Properties FHA
Single-family homes, FHA-approved condos, certain manufactured homes, or 2–4 unit properties if you occupy one unit.
Counseling Required
Required by federal law. An independent HUD-approved counselor certifies you've been fully informed. Alberto helps you schedule it.
Ongoing Obligations
You must keep paying property taxes, homeowners insurance, and HOA fees, and maintain the property. This is what keeps the loan in good standing.
Setting the Record Straight

4 Common Myths — Cleared Up

Reverse mortgages have been federally insured since 1961. Here's the honest truth behind the most common concerns.

Myth

"The bank will own my home."

Truth

You remain on title as the owner. The bank holds a lien — same as any mortgage. You own your home throughout.

Myth

"My heirs will inherit my debt."

Truth

Not quite. The loan repays when the home sells. If it sells for more than the balance, heirs keep the difference. FHA insurance means they'll never owe more than the home is worth.

Myth

"I could outlive my equity and lose my home."

Truth

The FHA's non-recourse guarantee protects you. You can never owe more than the home's appraised value, and you cannot be forced out for outliving the loan.

Myth

"I can't qualify because I still have a mortgage."

Truth

You can. A reverse mortgage will pay off your existing mortgage first — eliminating that payment. Whatever remains is available to you.

Your Broker

Why Work With Alberto?

Alberto Moravia — Beto the Broker
NMLS #1956260 · Verified

Alberto Moravia — known as Beto the Broker — is a licensed mortgage broker, TREC Certified Instructor, and proud San Antonio, TX resident. He brings the same honest, educational approach to every loan he works on.

His approach with reverse mortgages: no pressure, no rush. He'll walk you through the numbers, explain the pros and cons, and involve your family if you'd like.

As an independent broker at Edge Home Finance LLC, Alberto shops 100+ wholesale lenders to find the best program for your situation. Fluent in English, Español & Português. Serving all of Texas.

TREC Certified Instructor Real Estate Investor San Antonio, TX EN · ES · PT NMLS #1956260
Book a Free Call with Alberto

About HUD-Required Counseling

Federal law requires all reverse mortgage borrowers to complete a session with an independent, HUD-approved housing counselor before the loan can proceed. That counselor works for you — not for any lender. Alberto will help you find one and prepare for the session. Cost is typically $125–$200 and is one of the strongest consumer protections built into this program.

Ready to Take the Next Step?

A free 10-minute call is the best first step. Bring your questions. Bring your family. Alberto is based in San Antonio and serves all of Texas — no pressure, no commitment.

Book a Free Call with Alberto Call (808) 551-8045

Or email: alberto@betothebroker.com  ·  San Antonio, TX · Serving All of Texas · English · Español · Português

Common Questions

Reverse Mortgage FAQ

Straight answers to what we hear most often.

Do I have to make monthly payments? +
No. Monthly mortgage payments are not required as long as you live in the home as your primary residence, pay property taxes and insurance, and maintain the property. The loan is repaid when you sell, move out permanently, or pass away.
Will I still own my home? +
Yes. You remain on title as the owner. The reverse mortgage is a lien — just like a regular mortgage. The bank does not take ownership of your home.
What happens to my home when I pass away? +
Your heirs can sell the home and repay the loan (keeping any remaining equity), or refinance into a regular mortgage to keep the home. They'll typically have 6–12 months to decide. FHA insurance ensures they'll never owe more than the home is worth.
Can I still get one if I have an existing mortgage? +
Yes. A reverse mortgage will first pay off your existing mortgage balance, eliminating that monthly payment. Whatever equity remains above the payoff is available to you.
Does it affect my Social Security or Medicare? +
Generally no — reverse mortgage proceeds are loan advances, not income, so they typically do not affect Social Security or Medicare. They may affect Medicaid or SSI. Always confirm with your financial advisor.
What is HUD counseling and is it really required? +
Yes, it's required by federal law. You'll meet with an independent HUD-approved counselor (not affiliated with any lender) who explains the loan terms, obligations, and your alternatives. Alberto will help you find one and prepare. Cost is typically $125–$200.
Can I sell my home later if I want to? +
Yes. You can sell at any time. The loan balance (principal + accrued interest) is repaid from the sale proceeds. If the home sells for more than the loan balance, you keep the difference.
Is there a prepayment penalty? +
No. You can make voluntary payments at any time, partial or full, with no penalty. You are never required to do so — but some borrowers choose to keep the balance from growing.
Does Alberto serve all of Texas? +
Yes. Alberto is licensed statewide in Texas. Whether you're in San Antonio, Austin, Houston, Dallas, or anywhere in the state — Alberto can help. He'll meet with you in person, by phone, or by video, and walks every borrower through the same careful process.