In 2024, there were 1516 active reverse mortgage loans in Bexar County, Texas. The average home value in Bexar County is $320,317.59.

Click here to get a reverse Mortgage Quote in Bexar County, Texas

To avoid scams, make sure you are working with a licensed lender in Texas. South River Mortgage is a fully licensed lender in Texas. The TX state regulator requires mortgage lenders to be explicitly approved to make loans and hold a license. South River Mortgage proudly holds the Department of Savings and Mortgage Lending Mortgage Company License in TX, and our state license identifier is 1854525.  We also maintain active approval with HUD/FHA.

Reverse Mortgage Loans in Bexar County

Bexar County, Texas, is a vibrant county located in the southern part of the state. With a population of over 2 million residents, the county offers a diverse mix of urban and rural living. Known for its rich history, Bexar County is home to San Antonio, a city famous for its Spanish colonial missions, including the historic Alamo. The county also boasts a warm climate, with hot summers and mild winters, making it an attractive destination for retirees seeking a comfortable year-round living environment. The average home value in Bexar County is $320,317.59, with property taxes averaging $2,298.08. For seniors looking to tap into their home equity, Bexar County offers opportunities for reverse mortgages. With an average interest rate of 3.99%, seniors can leverage their home’s value to access additional income or cover expenses in retirement. This financial tool can provide older residents of Bexar County with financial flexibility and security as they navigate their golden years.

Reverse Mortgage Loan Origination in Bexar County

Reverse Mortgage Home Values in Bexar County

Reverse Mortgage Interest Rates Bexar County

There are approximately 1516 active reverse mortgage loans in Bexar County. The average interest rate in Bexar County is 7.61% for reverse mortgages. The average maximum claim amount (the lesser of the appraisal or lending limit), among reverse mortgage borrowers, in Bexar County was $303,943.66 in 2024.

Click here to get a Reverse Mortgage Quote in Bexar County, Texas »

Note that our loan origination data will not exactly match FHA’s HECM portfolio snapshot. This discrepancy occurs because FHA’s reports are limited to loans endorsed by FHA (i.e. HECMs only). We use a series of custom data criteria that make it possible to identify all reverse mortgages: HECMs, proprietary, and even single-purpose reverse mortgages.

Jumbo Reverse Mortgage in Bexar County, TX

With the average home value of $303,943.66, you may be wondering about the opportunities for jumbo loans.

The FHA has increased the HECM lending limit to $1,209,750 for 2025. If your property is valued above the HECM lending limit, you may be eligible for additional proceeds through the HomeForLife jumbo reverse mortgage.

Reverse Mortgage Refinance (HECM to HECM) in Bexar County

It might make sense to refinance your reverse mortgage. There are many situations where refinancing could be very beneficial to you:

• You want to get more cash out because your home value has increased substantially
• You want to pay less in interest by obtaining a lower interest rate
• You want to add a loved one to the reverse mortgage

As a bonus, South River Mortgage can sometimes provide multiple benefits at once, depending on the situation. There have been cases where we can help secure a lower interest rate and additional cash. In some cases, we have been able to do all three benefits: lower rate, more cash, and adding a son or daughter onto the mortgage.

South River Mortgage can help you refinance your reverse mortgage. Get a quote today »

Reverse for Purchase (HECM for Purchase) in Bexar County

You can now purchase a home with a reverse mortgage in {county}, TX. The reverse for purchase lets homebuyers purchase the home and get a reverse mortgage in a single transaction. The requirements for a reverse for purchase are very similar to the traditional reverse mortgage program.

Purchasing a home with a reverse mortgage has many benefits:

• No monthly mortgage payment (although you’d still be responsible for property taxes and homeowner’s insurance)
• The home being purchased would meet HUD’s property requirements or minimum property standards (this helps keep the home safe for occupants)

Learn what your down payment would be using our Reverse for Purchase calculator. Or, get pre-approved today »