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Reverse Mortgage Specialists in Burien, WA

Compare reverse mortgage specialists in Burien. Review contact information and insurance categorys before you decide.

3 agents listed
Updated May 2026
Burien, WA
Important: Listings are compiled from publicly available sources and have not been independently verified by BeforeMortgageUSA.com. We do not endorse any broker or guarantee outcomes. Verify licensing and disciplinary status with the Washington before hiring.
Showing 3 reverse mortgage specialists in Burien, WA Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Cameron Lee Mortgage - Edge Home Finance
15218 20th Ave SW, Burien, WA 98166
2067159928
Seattle Mortgage Brokers
258 S 171st St, Burien, WA 98148
2069925635
Absolute Mortgage Burien Location
122 SW 156th St, Burien, WA 98166
2062423900

A reverse mortgage specialist in Burien, Washington helps seniors access home equity without monthly payments. Washington law requires borrowers to receive counseling from a HUD-approved agency before applying. Specialists guide clients through the process and explain how a reverse mortgage affects estate planning and local property taxes.

What Does a Reverse Mortgage Specialist in Burien Cost?

Typical costs for a reverse mortgage specialist in Washington include an origination fee of up to 2 percent of the home value and a mortgage insurance premium of 2 percent of the appraised value. Closing costs such as appraisal, title search, and recording fees can range from 2,000 to 5,000 dollars. Costs vary by loan size and lender. This is general information, not mortgage or financial advice.

* Cost estimates are general ranges based on publicly available data and compiled using automated research tools. Actual fees vary by agent and case complexity. This is not mortgage or financial advice — consult directly with an agent for fee specifics.

Frequently Asked Questions

What qualifications does a reverse mortgage specialist in Burien need?
In Washington, a reverse mortgage specialist must hold a valid mortgage loan originator license. They should also have specific training on HECM products and knowledge of Washington state regulations regarding senior lending.
How does Washington law protect reverse mortgage borrowers in Burien?
Washington requires a mandatory three-day rescission period after closing. Borrowers must also complete HUD-approved counseling. The state prohibits lenders from requiring borrowers to buy other financial products with the loan.
Can a reverse mortgage affect my Burien property taxes?
Yes. In Washington, reverse mortgage borrowers must continue to pay property taxes and homeowners insurance. If taxes go unpaid, the lender can demand full repayment. A specialist can help you set up a tax escrow account.