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Top Texas Reverse Mortgage Lenders. Nearly 60,000 home equity conversion mortgage (hecm) loans have been originated in TX, the third highest amount in the country behind California and Florida. Below, you will find the top lenders of all time and the top since 2012, when Bank of America and Wells Fargo exited the reverse mortgage business.
Best way to finance $500K in Texas (jumbo vs 1st+2nd) – I’m looking at purchasing a single family home in Austin soon. Is it best to simply do a jumbo? Or separate first ($417K) and seconds (remainder)? I seem to recall that Texas has somewhat unusual.
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