Washington State Reverse Mortgages

Bainbridge IslandAre you scared because you are unable to keep up with your mortgage payments? Are you helping a parent prepare for retirement and looking for ways to get them some extra income? If you are over 62 years old or working with a parent or patient who is over 62, a reverse mortgage may be the answer. Individuals who qualify can choose to receive a lump sum, fixed monthly payments, a line of credit, or a combination of these options. Let Premier Reverse Mortgage help you figure out if you qualify, give you the guidance that you need during the proceedings, and offer the best resources available.

Determine Whether or Not You Qualify for a Reverse Mortgage

The first step of obtaining a reverse mortgage is learning whether or not you are eligible. Many people simply assume that they are not qualified because of a bad credit score or their current poor financial situation (i.e. bankruptcy). While we cannot guarantee that you qualify, it is always worth finding out, as this process is quick and free. It can mean the difference between financial security throughout retirement and scrambling each month for years to come. You provide Premier Reverse Mortgage with basic details such as your age and the value of your home, and we’ll take care of the rest.

Receive Professional Assistance for the Entire Washington State Reverse Mortgage Process

The process of obtaining a reverse mortgage takes anywhere from one or two months. The time frame is largely dependent on how long it takes to get counseling. Typically the process for Washington residents goes as follows: loan application, HUD approved counseling, appraisal, and closing. Keep in mind that there may be some differences, depending on your particular case and location. If you’re ever in doubt, talk to Premier Reverse Mortgage. They will give you information that is specific to Washington State.

Get the Resources That You Need

From comprehensive background materials to counseling referrals to relevant links from the NRMLA, HUD, and NCOA, we take care of providing resources for you. Instead of spending hours searching the internet for information that may be outdated or may not apply to Washington State or your circumstances, we give you the resources that you need. You’ll understand what is happening throughout the proceedings and be confident in the decisions that you make about your future. Start browsing our website today. The first time that you meet with or speak to one of our advisers, we’ll provide additional materials that pertain to your needs.

Retirement can be an overwhelming process if you don’t have the money that you need to keep your home and live comfortably. A reverse mortgage may be the answer to your problems. Give Premier Reverse Mortgage a call today so we can determine if you meet the qualifications specific to the state of Washington. If you do, we’ll take you through the entire process one step at a time, providing all of the required resources as needed. You’ll have peace of mind knowing that your future is in trustworthy hands. Give us a ring today to start exploring your options.