Washington's #1 Reverse Mortgage

washington reverse mortgage lender map

Top 20 HECM lenders reported by https://www.rminsight.net/wp-content/uploads/2024/06/Lenders_202405.pdf. (Reviews Updated: September 1, 2024).

Experience Excellence with Washington’s Top Reverse Mortgage Lender

At All Reverse Mortgage, Inc. (ARLO™), we’re proud to be Washington’s #1 Rated Reverse Mortgage Lender, celebrating 20 years of dedicated service. Our A+ Rating from the Better Business Bureau and perfect 5-star Reviews reflect our commitment to providing you with the best terms and exceptional customer care.

Since 2004, our mission has been simple: to help Washington homeowners make the most of their home’s equity with peace of mind. As a HUD-approved lender, we offer a full range of HECM & Jumbo Reverse Mortgages tailored to meet your unique needs.

With our competitive rates and lower costs, you can keep more of your home’s equity. We’re here to show you the difference our experience can make, and we look forward to guiding you every step of the way!

About All Reverse Mortgage of Washington

As a trusted HUD-approved lender, All Reverse Mortgage, Inc. (ARLO™) is fully qualified to help you access the equity in your home through the Home Equity Conversion Mortgage (HECM) program. Whether you’re looking to pay off your existing mortgage and eliminate monthly payments or utilize your equity for other financial needs, we’re here to guide you through the process with expertise and care.

Our team has deep experience in the reverse mortgage industry, including being part of the group that introduced the first fixed-rate jumbo reverse mortgage in 2008. This extensive background allows us to offer personalized solutions, especially for homeowners with high-value properties in markets where a traditional HECM may not be the best fit.

Choosing the right reverse mortgage program can be complex, but our seasoned professionals are here to help. We’ll explain the benefits and considerations of each option, ensuring you can make an informed choice that suits your needs.

For homeowners aged 62 and above, reverse mortgages have become a valuable financial tool—not just as a last resort but as a strategic way to enhance retirement plans. Whether you’re looking to eliminate monthly mortgage payments or establish a growing line of credit, a reverse mortgage can help you live comfortably in your home while planning for a secure future.

Washington Reverse Mortgage Lending Limits

Washington, known as “The Evergreen State,” is home to over 7.6 million people, with more than 420,000 of them being homeowners aged 62 and older. This means that nearly half a million Washingtonians may qualify for a reverse mortgage, which allows them to access their home’s equity.

As of January 2024, the median home value in Washington is around $605,400, which is well within the HECM reverse mortgage lending limit of $1,149,825 .

Washington is a diverse and vibrant state, from the mountains of the Cascade Range to the bustling city of Seattle. It’s a senior-friendly state known for its temperate climate and lack of personal income tax. The state’s strong agricultural sector, thriving tech industry, and renowned wine production make it a unique place to live and retire.

If you’re a homeowner aged 62 or older in Washington, a reverse mortgage could be a valuable financial tool for your retirement. Whether you’re looking to eliminate monthly mortgage payments or access additional funds from your home’s equity, All Reverse Mortgage, Inc. (ARLO™) is here to help. We’re ready to answer your questions and guide you through the process.

Washington Approved Reverse Mortgage Counseling Agencies

NameAgency IDAddressPhoneWeb Site
AMERICAN FINANCIAL SOLUTIONS84617SUITE 550
500 PACIFIC AVENUE
BREMERTON, WA 98337-1944
(888) 864-8699www.myfinancialgoals.org
URBAN LEAGUE OF METROPOLITAN SEATTLE80415105 14TH AVE STE 200
SEATTLE, WA 98122-7308
(206) 461-3792http://www.ulms.org

Did you know? Washington does not mandate in-person counseling. Visit our counseling page for a list of phone-based counseling agencies and conduct your required counseling from the comfort of your home.