In 2024, there were 230 active reverse mortgage loans in Bell County, Texas. The average home value in Bell County is $284,705.17.

Click here to get a reverse Mortgage Quote in Bell 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 Bell County

Bell County is a county located in the state of Texas, known for its diverse population and rich history. With a population of approximately 373,963 residents, Bell County enjoys a warm climate with hot summers and mild winters, making it an attractive place to live for many. The county is renowned for its strong military presence, being home to the Fort Hood military base, one of the largest in the United States. The average home value in Bell County is $284,705.1652, with an average property tax rate of $2,114.111801 and an average interest rate of 0.04378684211. Seniors in Bell County may find reverse mortgages to be a useful financial option, as they allow homeowners aged 62 and older to convert a portion of their home equity into cash. This can be especially beneficial for seniors looking to supplement their retirement income or cover unexpected expenses.

Reverse Mortgage Loan Origination in Bell County

Reverse Mortgage Home Values in Bell County

Reverse Mortgage Interest Rates Bell County

There are approximately 230 active reverse mortgage loans in Bell County. The average interest rate in Bell County is 7.54% for reverse mortgages. The average maximum claim amount (the lesser of the appraisal or lending limit), among reverse mortgage borrowers, in Bell County was $345,754.72 in 2024.

Click here to get a Reverse Mortgage Quote in Bell 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 Bell County, TX

With the average home value of $345,754.72, 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 Bell 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 Bell 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 »