We are proud to announced to residents of Washington, we have partnered with some of the top Washington reverse mortgage lenders who help senior homeowners take advantage of the equity in their homes with no credit or income qualifications and stay in their home. The special program is called a reverse mortgage. The reverse mortgage allows seniors to stay in their homes while receiving either an upfront lump sum payment, monthly payment, line of credit or some combination of the previous options.
Reverse Mortgage Lenders in WA
Qualifying for a reverse mortgage are relatively simple when compared to a traditional mortgage. No income qualifications required.
Borrower must be 62 or older (if multiple borrowers, youngest borrowers must be least 62)
Property must be HUD approved (a single family home or a 2-4 unit home with the borrower living in one of the units, some most units)
Take a HUD approved counseling session about a home equity conversion mortgage, a type of reverse mortgage
Note* - Seniors on medicaid should consult with their financial advisor to understand the potential impact of a reverse mortgage on their program elgibility.
Serving the Entire State of Washington
Seattle Reverse Mortgage Lenders
Spokane Reverse Mortgage Company
Tacoma Reverse Mortgage Companies
Vancouver HECM Lenders
Reverse Mortgage Lenders in Bellevue
Everett Reverse Mortgage Lenders
Kent HECM Lenders
HECM Brokers in Yakima
Renton, Olympia HECM Lenders
King County, Clark County, Yakima County, Pierce County, Thurston County, Benton County
Important Information: Reverse Mortgages/HECMs are neither "endorsed" nor "approved" by the Federal Government. The FHA provides certain insurance benefits for mortgage lenders and senior borrowers in connection with the lender’s HECM loans; the FHA does not make or originate loans. It is strongly advised that you consult with your family and / or trusted financial planner when considering any reverse mortgage loan.