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Reverse Mortgage Specialists in Buckley, WA

Browse reverse mortgage specialists serving Buckley, Washington. Contact information and addresses listed below.

2 agents listed
Updated May 2026
Buckley, WA
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 2 reverse mortgage specialists in Buckley, 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.
MH LOAN SERVICES LLC
6610 232nd Ave E, Buckley, WA 98321
2534861888
Nathan Schmidtke Mortgage Lender
5412 232nd Ave E, Buckley, WA 98321
2533813480

A reverse mortgage specialist in Buckley, Washington helps homeowners aged 62 and older convert home equity into cash without selling their home. Washington state requires lenders to provide counseling from a HUD-approved agency before a reverse mortgage can be finalized. Specialists in Buckley can explain how local property values and tax rules affect loan amounts and repayment terms.

What Does a Reverse Mortgage Specialist in Buckley Cost?

Typical costs for a reverse mortgage specialist 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 closing costs ranging from 2,000 to 5,000 dollars. Annual servicing fees are usually 30 to 35 dollars per month. These costs vary by lender and loan type. This is general information, 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 Buckley Washington?
Borrowers must be at least 62 years old. If married, a non-borrowing spouse under 62 may have certain protections under Washington law, but the loan terms depend on the borrowing spouse.
Does Washington state require counseling for a reverse mortgage?
Yes, Washington requires all borrowers to receive counseling from a HUD-approved counselor before applying. This counseling covers loan costs, repayment obligations, and alternatives like home equity loans or grants.
Can I lose my home with a reverse mortgage in Buckley?
You can lose your home if you fail to pay property taxes, homeowners insurance, or maintain the property. Washington law provides a 90-day notice before foreclosure, but you must stay current on these obligations.