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 Arlington, 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.
All Square Mortgage Inc.
3325 Smokey Point Dr STE 103, Arlington, WA 98223
3606518448
Michelle Schmidt - Movement Mortgage
210 E Burke Ave, Arlington, WA 98223
4254223214
James Hagglund NMLS# 505318 Mortgage Loan Officer
16404 Smokey Point Blvd #201, Arlington, WA 98223
4252130505
Geneva Financial
307 N Olympic Ave, Arlington, WA 98223
3603868449
City 1st Mortgage Services
23230 Jordan Rd, Arlington, WA 98223
3609130425
US Bank Mortgage
17110 Smokey Point Blvd, Arlington, WA 98223
3606535313
Chase Mortgage
3704 172nd St NE, Arlington, WA 98223
3606537181
Chase Mortgage
504 N Olympic Ave, Arlington, WA 98223
3604355517
What Does a Reverse Mortgage Specialist in Arlington Cost?
Typical costs for a reverse mortgage specialist in Washington include an origination fee, which can be up to 2 percent of the home value or a maximum of 6,000 dollars. Other costs include an appraisal fee of 400 to 600 dollars, a counseling fee of 125 dollars, and third-party charges for title insurance and recording. Total upfront costs usually range from 2,000 to 8,000 dollars. 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 does a reverse mortgage specialist in Arlington do?
A reverse mortgage specialist explains loan options, helps you apply, and coordinates with a HUD-approved counselor. They also review Washington state rules, such as the requirement that the home must be your primary residence.
Do I need counseling to get a reverse mortgage in Washington?
Yes, Washington state law requires you to complete counseling with a HUD-approved agency before you can obtain a reverse mortgage. The specialist can provide a list of approved counseling agencies in the Arlington area.
What are the eligibility requirements for a reverse mortgage in Arlington?
You must be at least 62 years old, own your home outright or have a low mortgage balance, and live in the home as your primary residence. The home must also meet HUD property standards.