What is a Reverse for Purchase Mortgage?

A Reverse for Purchase Mortgage is an FHA-insured loan that allows a senior, age 62 or older, to buy a home by paying about 50% down, with no future mortgage payments as long as they continue to live in the home.
Buyers are able to purchase a new primary residence, and obtain a reverse mortgage, in a single transaction.
*Homeowners must continue to pay property taxes,
homeowner’s insurance, and any applicable HOA dues.

How does it work?

Obtaining a Reverse for Purchase Mortgage is easier than you might think. We’ll work with you to make sure you qualify, then determine the loan amount for which you may be approved. Then, you can start shopping for your dream home. Once you find it, make a down payment of about 40 to 52 percent. Neither you, nor your spouse will be required to make another mortgage payment as long as you live in the home. However, you are still
responsible for paying property taxes, homeowner’s insurance, and HOA fees. All pertinent homestead exemptions (Military, Over 65, etc.) are acceptable. For more information, see our Frequently Asked Questions.

Who is eligible?

In order to obtain a Reverse for Purchase Mortgage in Texas, a homebuyer must be age 62 or older. If married, both spouses must be age 62 or older. The home being purchased must be your primary residence. If you have questions about eligibility, call our Branch Manager, Sunny Hoppe at 972-784-8400.


About Us

Sunny Hoppe is Branch Manager of the Premier Texas Branch of High Tech Lending, Inc. She has many years of reverse mortgage experience, and is committed to helping seniors live out their golden years in the homes they love. She has arranged reverse mortgages for families all across Texas, ever since they first became available in 2001.

She is also well-known in the lending and real estate communities as a reverse mortgage expert and educator. Sunny regularly teaches continuing education classes for the Texas Real Estate Commission (TREC). Her TREC CE License Number is 3368. You may also have seen Sunny on Fox 4 News, or other media channels.

When she’s not helping a family, teaching a class, or appearing on TV, Sunny enjoys sharing a run in the park with her dog, Rocket.


HighTechLending, Inc., Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act. NMLS #7147. Licensed in AZ# 0912577, CA# 4130937, CO #7147, FL #7147, HI #7147, IL #MD-6761112, MD #21762, NC #L-165611, NJ #7147, OR #ML4386, PA #49892, TX #7147,UT #8874117, VA #MC-5962, WA #7147. 2030 Main Street #350, Irvine, CA 92614. For Consumer Complaints please click on the "Consumer Complaints" link for more info.

All consumer complaints are handled by Lender Support Services, LLC. Should you have a complaint, for any reason, please email Stuart Scull at stuart@lendersupportservices.com or call 855-554-6155. Lender Support Services, LLC will follow up with you for resolution.

Pursuant to the requirements of Texas administrative code, Title 7, Section §81.200(c),You are hereby notified of the following: Consumers wishing to file a complaint against a Mortgage Banker or a licensed Mortgage Banker Residential Mortgage Loan Originator should complete and send a complaint form to the Texas department of Savings and Mortgage Lending, 2601 North Lamar, Suite 201, Austin, Texas 78705. Complaint Forms and Instructions may be obtained from the department's website at www.sml.texas.gov. A toll-free consumer hotline is available at 1-877-276-5550. The department maintains a recovery fund to make payments of certain actual out of pocket damages sustained by borrowers caused by acts of licensed mortgage banker residential mortgage loan originators. A written application for reimbursement from the recovery fund must be filed with and investigated by the department prior to the payment of a claim. For more information about the recovery fund, please consult the department's website at www.sml.texas.gov.