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Looking for a reverse mortgage specialist in Monroe? Review the directory below to compare your options.
4 agents listed
Updated May 2026
Monroe, 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 Monroe, 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.
Fairway Independent Mortgage - Kimberley Lynn
108 E Main St Suite 100, Monroe, WA 98272
3602178260
Chase Mortgage
18751 US-2, Monroe, WA 98272
3607948534
The Legacy Group Mortgage
19351 US-2, Monroe, WA 98272
4252382296
US Bank Mortgage
19387 US-2, Monroe, WA 98272
8008722657
Reverse mortgage specialists in Monroe, Washington help homeowners aged 62 and older access home equity without monthly payments. Washington state law requires borrowers to complete HUD-approved counseling before obtaining a Home Equity Conversion Mortgage (HECM). Specialists can guide you through the process including loan limits and repayment terms specific to Washington.
What Does a Reverse Mortgage Specialist in Monroe Cost?
Typical costs for a reverse mortgage in Washington include an origination fee of up to 6000 dollars, a mortgage insurance premium of 2 percent of the appraised value, and third-party fees for appraisal and title search. Closing costs generally range from 2000 to 8000 dollars. These costs can be financed into the loan. 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 Monroe Washington?
Borrowers must be at least 62 years old. All owners listed on the title must meet this age requirement unless a non-borrowing spouse exception applies under HUD rules.
Do I need counseling before getting a reverse mortgage in Washington?
Yes. Washington state law requires all borrowers to complete a counseling session with a HUD-approved counselor before applying. This session covers costs, risks, and alternatives.
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BeforeMortgageUSA.com is not a mortgage referral service, or financial advice provider. No broker-client relationship is formed by submitting a form or using this site. We do not endorse, recommend, or vouch for the qualifications of any broker. Past results do not guarantee future outcomes. Each case is different. Verify broker credentials with your state mortgage licensing authority before hiring.
About Our Listings
Brokers listed on BeforeMortgageUSA.com are compiled from publicly available directories, state mortgage licensing authority records, and business listings. Inclusion does not constitute endorsement. We do not verify broker licensing, disciplinary status, or qualifications. Verify each broker's current standing with the Washington.