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 8 reverse mortgage specialists in Woodland, 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.
Jose Cordero, Home Loan Mortgage Broker at Advantage Mortgage
615 Park St, Woodland, WA 98674
3609919034
Advantage Mortgage: Stephanie Kilkelly
615 Park St, Woodland, WA 98674
3605602874
Elev8 Mortgage Woodland
1906 Belmont Loop, Woodland, WA 98674
3605667859
Fibre Federal Credit Union Woodland Mortgage Center
1147 N Goerig St unit A, Woodland, WA 98674
8002057872
Ashley Swain, Mortgage Broker
615 Park St, Woodland, WA 98674
3602616837
Advantage Mortgage Inc.
615 Park St, Woodland, WA 98674
3609919034
US Bank Mortgage
569 Goerig St, Woodland, WA 98674
8008722657
Finance of America Mortgage LLC
115 A Davidson Avenue, Woodland, WA 98674
3609919034
What Does a Reverse Mortgage Specialist in Woodland 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 for appraisal and title work. For a home valued at 400,000 dollars, total upfront costs can range from 10,000 to 16,000 dollars. These costs are usually financed into the loan. This is general information and does not constitute 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 Woodland Washington?
You must be at least 62 years old to qualify for a Home Equity Conversion Mortgage (HECM) in Woodland. All borrowers on the title must meet this age requirement. Washington state law does not change this federal rule.
Do I need counseling before getting a reverse mortgage in Washington?
Yes, Washington state law requires you to complete counseling with a HUD-approved counselor before you can apply. The counselor will explain the loan terms, costs, and alternatives. This is a mandatory step for all borrowers in Woodland.