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Find Reverse Mortgage Specialists in Covington, WA

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

4 agents listed
Updated May 2026
Covington, 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 4 reverse mortgage specialists in Covington, 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.
Tim Lombardo at Cornerstone Home Lending | NMLS# 246774
27116 167th Pl SE Suite 104, Covington, WA 98042
2063965773
Aaron Pilger At Priority Home Lending | NMLS 955383
27116 167th Pl SE Suite 104, Covington, WA 98042
4252432504
Cornerstone Home Lending
27116 167th Pl SE Suite 104, Covington, WA 98042
2536424068
US Bank Mortgage
Covington, WA 98042
2536302800

A reverse mortgage specialist in Covington Washington helps homeowners aged 62 and older convert home equity into tax free funds. Washington state requires lenders to provide consumer counseling and follow specific disclosure rules under the Washington Reverse Mortgage Act. Specialists guide clients through the federally insured Home Equity Conversion Mortgage program tailored to local housing values.

What Does a Reverse Mortgage Specialist in Covington Cost?

Typical costs for a reverse mortgage in Washington include an origination fee up to 2 percent of the home value, an upfront mortgage insurance premium of 2 percent of the appraised value, and third party fees such as appraisal and title search ranging from 500 to 1500 dollars. Annual mortgage insurance premiums are 0.5 percent of the loan balance. These costs vary by lender and loan size. 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 Covington Washington?
Borrowers must be at least 62 years old. All owners listed on the title must meet this age requirement. Washington state law does not allow exceptions to this federal rule.
Do I need counseling before getting a reverse mortgage in Washington?
Yes Washington requires a counseling session with a HUD approved counselor before you can apply. The counselor explains loan terms costs and alternatives. This session must occur within 180 days before the loan application.