In 2024, there were 946 active reverse mortgage loans in Clark County, Washington. The average home value in Clark County is $586,216.04.

Click here to get a reverse Mortgage Quote in Clark County, Washington

To avoid scams, make sure you are working with a licensed lender in Washington. South River Mortgage is a fully licensed lender in Washington. The WA state regulator requires mortgage lenders to be explicitly approved to make loans and hold a license. South River Mortgage proudly holds the Consumer Loan Company License in WA, and our state license identifier is CL-1854525.  We also maintain active approval with HUD/FHA.

Reverse Mortgage Loans in Clark County

Clark County is located in the state of Washington, with a population of approximately 488,241 residents. Known for its stunning natural beauty, the county is home to the vibrant city of Vancouver along with picturesque landscapes that include the stunning Columbia River Gorge. Clark County also boasts a rich history, with ties to the Lewis and Clark Expedition and the establishment of the Oregon Trail. The average home value in Clark County is $586,216.0391, with property taxes averaging around $3,117.566332 and an interest rate of 0.04009457447. For seniors looking to tap into their home equity, Clark County offers opportunities for reverse mortgages, providing a financial option for retirees looking to supplement their income or cover unexpected expenses without selling their home. This can allow seniors to access the equity they have built up in their homes over the years, providing financial flexibility in their retirement years.

Reverse Mortgage Loan Origination in Clark County

Reverse Mortgage Home Values in Clark County

Reverse Mortgage Interest Rates Clark County

There are approximately 946 active reverse mortgage loans in Clark County. The average interest rate in Clark County is 7.42% for reverse mortgages. The average maximum claim amount (the lesser of the appraisal or lending limit), among reverse mortgage borrowers, in Clark County was $581,136.36 in 2024.

Click here to get a Reverse Mortgage Quote in Clark County, Washington »

Note that our loan origination data will not exactly match FHA’s HECM portfolio snapshot. This discrepancy occurs because FHA’s reports are limited to loans endorsed by FHA (i.e. HECMs only). We use a series of custom data criteria that make it possible to identify all reverse mortgages: HECMs, proprietary, and even single-purpose reverse mortgages.

Jumbo Reverse Mortgage in Clark County, WA

With the average home value of $581,136.36, you may be wondering about the opportunities for jumbo loans.

The FHA has increased the HECM lending limit to $1,209,750 for 2025. If your property is valued above the HECM lending limit, you may be eligible for additional proceeds through the HomeForLife jumbo reverse mortgage.

Reverse Mortgage Refinance (HECM to HECM) in Clark County

It might make sense to refinance your reverse mortgage. There are many situations where refinancing could be very beneficial to you:

• You want to get more cash out because your home value has increased substantially
• You want to pay less in interest by obtaining a lower interest rate
• You want to add a loved one to the reverse mortgage

As a bonus, South River Mortgage can sometimes provide multiple benefits at once, depending on the situation. There have been cases where we can help secure a lower interest rate and additional cash. In some cases, we have been able to do all three benefits: lower rate, more cash, and adding a son or daughter onto the mortgage.

South River Mortgage can help you refinance your reverse mortgage. Get a quote today »

Reverse for Purchase (HECM for Purchase) in Clark County

You can now purchase a home with a reverse mortgage in {county}, WA. The reverse for purchase lets homebuyers purchase the home and get a reverse mortgage in a single transaction. The requirements for a reverse for purchase are very similar to the traditional reverse mortgage program.

Purchasing a home with a reverse mortgage has many benefits:

• No monthly mortgage payment (although you’d still be responsible for property taxes and homeowner’s insurance)
• The home being purchased would meet HUD’s property requirements or minimum property standards (this helps keep the home safe for occupants)

Learn what your down payment would be using our Reverse for Purchase calculator. Or, get pre-approved today »