Find Reverse Mortgage Specialists in Kent, WA
Browse reverse mortgage specialists serving Kent, Washington. Contact information and addresses listed below.
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
State Mortgage Licensing Authority of Washington before hiring.
Showing 7 reverse mortgage specialists in Kent, 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.
What Does a Reverse Mortgage Specialist in Kent Cost?
Typical costs for a reverse mortgage in Washington include an origination fee of up to 2 percent of the home value, a mortgage insurance premium of 2 percent of the appraised value, and third party fees such as appraisal and title search. Total closing costs often range from 5,000 to 10,000 dollars but vary by loan size and lender. This is general information and 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 are the age requirements for a reverse mortgage in Kent Washington?
Borrowers must be at least 62 years old. The youngest borrower on the title must meet this age requirement under federal HUD rules.
Do I need counseling before getting a reverse mortgage in Washington?
Yes. Washington state law requires all reverse mortgage applicants to complete a counseling session with a HUD approved counselor. This session must happen before you can apply for the loan.
Can I lose my home with a reverse mortgage in Kent?
You can lose your home if you fail to pay property taxes, maintain homeowners insurance, or keep the home in good repair. You must also continue living in the home as your primary residence.