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Looking for a reverse mortgage specialist in Yelm? Review the directory below to compare your options.
4 agents listed
Updated May 2026
Yelm, 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 Yelm, 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.
NewRez Home Loans- Theresa Donohue- Loan Officer page
106 NE Plaza Dr SE Building B2, Yelm, WA 98597
2536782098
Newrez, Nick Parsons nmls 420443
106 NE Plaza Dr SE B-2, Yelm, WA 98597
3609551820
Newrez LLC
106 NE Plaza Dr SE Bldg. B2 Suite B-2, Floor 1, Yelm, WA 98597
3609551820
U.S. Bank-Tabitha Cesarano-Mortgage Loan Officer
U.S. Bank Area Served, Yelm, WA 98597
2537333257
A reverse mortgage specialist in Yelm, Washington helps homeowners aged 62 and older convert home equity into cash without monthly payments. Washington state law requires borrowers to receive HUD-approved counseling before obtaining a Home Equity Conversion Mortgage (HECM). Specialists in Yelm guide clients through the process, ensuring compliance with state and federal regulations.
What Does a Reverse Mortgage Specialist in Yelm Cost?
Typical costs for a reverse mortgage in Washington include an origination fee of up to 2 percent of the first 200,000 dollars of the home value plus 1 percent of the amount over 200,000 dollars, a mortgage insurance premium of 2 percent of the appraised value, and third-party fees such as appraisal and title search. Total closing costs often range from 5,000 to 10,000 dollars but vary by loan amount and lender. 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 eligibility requirements for a reverse mortgage in Yelm Washington?
To qualify for a reverse mortgage in Yelm, 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. Washington state also requires you to complete a counseling session with a HUD-approved counselor before you can proceed.
How does a reverse mortgage work in Washington state?
A reverse mortgage allows you to borrow against your home equity, and repayment is deferred until you sell the home, move out permanently, or pass away. In Washington, the loan is non-recourse, meaning you will never owe more than the home is worth at the time of repayment.
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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.