Reverse Mortgage Specialists in Steilacoom, WA — Compare & Find

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 2 reverse mortgage specialists in Steilacoom, 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.

Hung le mortgage

1408 Starling St, Steilacoom, WA 98388

(253) 389-6186 hunglemortgage.com

Robb McGee

1603 Lafayette St, Steilacoom, WA 98388

(844) 692-6227 gigharbor.mymortgage-online.com

What Does a Reverse Mortgage Specialist in Steilacoom Cost?

Typical costs for a reverse mortgage in Washington include an origination fee (up to $6,000), mortgage insurance premium (2% of home value upfront plus 0.5% annually), appraisal fee ($400 to $800), and closing costs ($1,500 to $3,000). Total costs often range from $8,000 to $15,000 but can vary based on home value and loan type. 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 Steilacoom?

Borrowers must be at least 62 years old. If married, the younger spouse must also be 62 to be listed as a borrower. Washington state follows federal HUD guidelines for age eligibility.

Do I need to own my home free and clear to qualify?

No, you can have an existing mortgage. The reverse mortgage must pay off any current liens first. Washington law requires that the home be your primary residence and meet HUD property standards.

Reverse Mortgage Specialists in Other Washington Cities

Aberdeen · Anacortes · Arlington · Auburn · Bainbridge Island · Battle Ground · Bellevue · Bellingham · Bonney Lake · Bothell · Buckley · Burien · Burlington · Camas · Centralia

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About Our Listings

Brokers listed on BeforeMortgageUSA.com are compiled from publicly available directories, state state mortgage licensing authority records, and business listings. Inclusion does not constitute endorsement. We do not verify broker licensing, disciplinary status, or qualifications. Verify each broker's current standing with the State Mortgage Licensing Authority of Washington.

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