Washington Reverse Mortgage Lenders
Reverse Mortgage Product Options in Washington
HomeForLife | HECM | |
Traditional Reverse Mortgage (Reverse Mortgage 101) |
Yes | Yes |
Refinance Existing Reverse Mortgage with Another (HECM to HECM) |
Yes | Yes |
Purchase a Home with a Reverse Mortgage (HECM for Purchase) |
Yes | Yes |
Minimum Age for Eligibility in WA | Not Available | 62 |
Get Your Quote → | Get Your Quote → |
Reverse Mortgage Interest Rates in Washington
As of today, the 10-year CMT index is trading at 4.25%. Reverse mortgage interest rates adjust weekly on Tuesdays, so the next adjustment date will be Tuesday, May 13, 2025. (Updated 9 May 2025)
The projected index for next week is 4.25%, compared to this week’s index, which is 4.25%. This means that rates are projected to be between 6.00% and 6.75%.
Click to learn more about Reverse Mortgage Interest Rates (& how they affect you) →
Local Reverse Mortgage Lenders in Washington
Although South River Mortgage originates loans all across the country, we do maintain a local presence in Washington. We have a resident agent location at 3400 Capitol Blvd SE, Suite 101, Tumwater, WA 98501. Get Your Quote →
HUD also maintains a list of local lenders. Get Your Quote →
Reverse Mortgage Loan Origination Statistics in Washington
We have pulled together a number of useful reverse mortgage loan statistics for WA. These loan origination statistics are put together below as a courtesy, and as such, we cannot make any guarantees about the accuracy of the information.
Note that this data was sourced from a proprietary data set, so it includes loans outside of the FHA HECM loans listed on the HECM Portfolio Snapshot.
Reverse Mortgages in Washington
Download the dataset (anonymized) as a CSV file
.
Average Reverse Mortgage Home Values in Washington
Download the dataset (anonymized) as a CSV file
Reverse Mortgage Interest Rates in Washington
Download the dataset (anonymized) as a CSV file
State Regulator & Licensing in Washington
Make sure you are working with a licensed mortgage lender in Washington. South River Mortgage maintains approval with Washington and holds the Consumer Loan Company License #CL-1854524.
County-Specific Loan Information in Washington
Washington has 33, and each county has its own specifics. We have compiled county-by-county loan statistics and information, whether you are looking for a reverse mortgage or just curious about loan origination activity. Kindly note that this information is provided on a best-efforts basis – and while we do as much quality control work as possible – we make no guarantees to the accuracy of loan statistical information provided
Choose any county to learn more about reverse mortgages in that area:
- Asotin County
- Benton County
- Chelan County
- Clallam County
- Clark County
- Columbia County
- Cowlitz County
- Douglas County
- Franklin County
- Grant County
- Grays Harbor County
- Island County
- Jefferson County
- King County
- Kitsap County
- Kittitas County
- Klickitat County
- Lewis County
- Mason County
- Okanogan County
- Pacific County
- Pierce County
- San Juan County
- Skagit County
- Skamania County
- Snohomish County
- Spokane County
- Stevens County
- Thurston County
- Wahkiakum County
- Walla Walla County
- Whatcom County
- Yakima County