In 2024, there were 138 active reverse mortgage loans in Lewis County, Washington. The average home value in Lewis County is $460,302.49.

Click here to get a reverse Mortgage Quote in Lewis 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 Lewis County

Located in the state of Washington, Lewis County is known for its picturesque landscapes, abundant outdoor recreational opportunities, and friendly rural communities. With a population of over 80,000 residents, the county enjoys a mild climate, characterized by warm summers and cool, wet winters. Lewis County is rich in history, with notable sites such as the Veterans Memorial Museum in Chehalis and the Lewis County Historical Museum showcasing the region’s past. The average home value in Lewis County is $460,302.49, with an average property tax of $2,019.21 and an average interest rate of 4.29%. For seniors looking to supplement their retirement income or unlock the equity in their homes, a reverse mortgage could be a viable option. By leveraging the equity in their property, seniors can receive funds to support their financial needs while continuing to live in their home. Reverse mortgages can provide retirees with financial flexibility and peace of mind in their later years.

Reverse Mortgage Loan Origination in Lewis County

Reverse Mortgage Home Values in Lewis County

Reverse Mortgage Interest Rates Lewis County

There are approximately 138 active reverse mortgage loans in Lewis County. The average interest rate in Lewis County is 7.19% for reverse mortgages. The average maximum claim amount (the lesser of the appraisal or lending limit), among reverse mortgage borrowers, in Lewis County was $449,545.45 in 2024.

Click here to get a Reverse Mortgage Quote in Lewis 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 Lewis County, WA

With the average home value of $449,545.45, 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 Lewis 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 Lewis 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 »