Comfortable Retirement

Supplement retirement income
Stretch retirement savings
Payoff existing mortgage

Financial Relief

No monthly payments
Help pay for medical care, prescription drugs
and in-home care
Cover large or unexpected expenses

Comfortable Retirement

Supplement retirement income
Stretch retirement savings
Payoff existing mortgage

Financial Relief

No monthly payments
Help pay for medical care, prescription drugs
and in-home care
Cover large or unexpected expenses

Tim Gristy, Financial Advisor

Gristy Financial Services, Inc.
2714-82nd St
Lubbock, TX 79423
Phone: (800) 799-4255
Fax: (806) 793-7936

NMLS #390213

Things To Help You

1.) Call 1 (800) 799-4255 or E-Mail Us.

We will send you our "best in the business" consumer guide to reverse mortgages. You will appreciate how simple and understandable we make reverse mortgages.

2.) 24 Hour "Educator Hotline

1 (800) 532-9318
Call our 24 hour hotline and learn the following:

  • What is a Reverse Mortgage...in plain English
  • Myths about Reverse Mortgages
  • How much can you get from a Reverse Mortgage
  • Advantages (and disadvantages) versus a regular home equity loan
  • Differences between lenders - How to choose
  • Who should not do a Reverse Mortgage
  • Too good to be true?

Welcome,

Reverse PRO is the leader in helping folks over 62 years of age acquire a reverse mortgage to meet their financial needs and desires in retirement. Tim Gristy and his staff have assisted hundreds of customers determine if reverse mortgage is right for them, and if so, work carefully to lead them by the hand to see that every “i” gets dotted and every “t” gets crossed. “We treat our customers like family,” says Margaret Smith, Tim’s administrative assistant.

We have helped homeowners in the West Texas area in Lubbock, Amarillo, Abilene, Brownfield, Levelland, Littlefield, Midland, Odessa, Plainview, Post, Ransom Canyon, San Angelo, Shallowater, Slaton, Wolfforth. We have also helped folks in the Hill Country like Austin, New Braunfels, Wimberley, Horseshoe Bay, Marble Falls, and San Antonio. We have helped borrowers in Dallas, Ft. Worth, Weatherford, Waco, and even in East Texas like Tyler and Beaumont.

We think you will really appreciate our “common sense” way of doing business… that’s so rare in American society today. Read on to learn what we mean by this.

What is a reverse mortgage?

It’s a loan through a U.S. Government insured program, available only to homeowners 62 and older. The loan is for 50% to 75% of the value of your house; and you never have to pay back in your lifetime. When you die, the money received plus approximately 4%-6% interest is repaid by your estate.

What are the requirements to get a reverse mortgage?

Age — must be 62 or older Be a homeowner (credit rating or income doesn’t matter)

Be a homeowner (credit rating or income doesn’t matter)

What’s the negative about reverse mortgages?

While there are no upfront fees, there are costs associated with the loan that are added to the loan. If a person intends to sell their home in the near future and can’t spread those loan costs over more than two years, it makes the reverse mortgage expensive.

What’s the advantage of using Reverse Mortgage of Texas?

  1.  We educate
  2. We communicate (we call every Friday)
  3. We get you the most money possible (Ask us how?)

Founding Company in Industry

As you can tell from our name, we are one of the founding companies in the reverse mortgage industry in Texas. Reverse mortgages are all we do. We are blessed to be the top company in the state of Texas in terms of number of reverse mortgages originated.

REVERSE PRO Advantage

1.) Why We Are a Better Option than the Big Banks

We have specialized in Reverse Mortgage for 15 years! We don’t make any other types of loans, so we know this business inside out. And we specialize in Reverse Mortgages in Texas only, not loans all over the U.S., so we are able to focus on what’s best for you.

The big banks that offer reverse mortgages only offer their own reverse mortgage product. They don’t commit to offering the best product available in the market. But we do, and that’s the advantage of doing business with us.

2.) Our “Common Sense” Way of Doing Business

When you call us, you talk to a live person, not an automated phone menu. Then when we send you information to help you understand reverse mortgages, we make it simple to understand. We don’t send you too much information, we don’t send you too little information. Additionally, we personalize it to your situation (and highlight the really important things), rather than sending you a generic brochure. We don’t exaggerate what we can do for you, and we really tune into your own particular unique needs and concerns. And we tell you what the negatives are, relative to your own unique situation. Most other companies don’t want to address the negatives. Then, when you become a customer, we get the loan done as quickly as we can.

3.) Better Business Bureau A+ Rating

We are proud of the fact we have earned the coveted A+ rating by the Better Business Bureau.