Capital Home Mortgage Washington

Washington Reverse Mortgage Loans

Washington Reverse Mortgage Lender

A Washington Reverse Mortgage loan financially assists homeowners ages 62 and older. It accomplishes this by converting part of their homes equity into cash or credit.  The Reverse Home Loan is also called a Home Equity Conversion Mortgage or HECM.  These loans have very little restrictions on how the proceeds can be used.  The advantages are being able to use the money for a new property, medical bills, travel or supplemental income as well as elimination of the month mortgage payment.

To be approved for a Reverse Mortgage, seniors are required to attend a counseling session assigned by the Department of Housing and Urban Development “HUD”.  This counseling covers how the loan works, the costs associated with setting up the reverse mortgage loan and the benefits that it provides.  The loan is adaptable for seniors who don’t want to continue a monthly mortgage payment or for seniors who want to continue to make payments.  Texas Reverse Home Mortgages can be used for a purchase or a refinance with or without cash being taken out.

Why Washington is Choosing Capital Home Mortgage
Close On Time with True Approval

Control of the Loan from the Application to Funding.

Great Washington Rate

Direct Mortgage Lender Providing Competitive Rates and Low Fees.

Washington Customer Service

7  Day a Week Support from Application to Final Mortgage Payment. 

Washington Mortgage Rates

Have you ever wondered why interests rates are what they are and what determines the final rate?  Why borrowers receive different interest rates? Or why rates go up and down?  Interest Rates are calculated using several factors.

  • Demand for the mortgage Securities
  • Property securing the mortgage
  • occupancy of the property
  • Loan to value of the property
  • Borrower’s credit worthiness

Washington Reverse Mortgage Loan

  • 62 years or Older
  • Primary Residence Only
  • Must Be Able to Pay Homeowners Insurance and Taxes
  • Required HUD Counseling
  • Meet Required Equity Values
Reverse Mortgage Home Loan Benefits
  • 62 years or Older
  • Primary Residence Only
  • Must Be Able to Pay Homeowners Insurance and Taxes
  • Required HUD Counseling
  • Meet Required Equity Values
Not Sure? Take a Look at Other Washington Mortgage Programs

Washington Mortgage Team

Kathy Rubin

Sr Loan Officer
NMLS 204449

Damon Embler

Sr Loan Officer
NMLS 882260

Matt Williams

Sr Loan Officer
NMLS 1945867

Dale Gremillion

Manager
NMLS 210325

Washington Mortgage Company Reviews

Washington Cities

Seattle Home Loans

Spokane Home Loans

Tacoma Home Loans

Vancouver Home Loans

BellevueHome Loans

Everett Home Loans