Retirement Mortgage Planning

Reverse mortgage, HECM, proprietary reverse mortgage, and reverse for purchase planning for adults 55+ in Pierce County and Washington State.

Empire Home Loans

Empire Home Loans

Phone: (253) 376-5475

Email: [email protected]

NMLS# 1466931

Company NMLS# 1839243

Licensed in: AZ, TX, WA

Empire Home Loans, Inc., NMLS ID #1839243, CA DRE #02086593, CA DFPI/CFL License #60DBO-95315, AZ Lic: MB-1012019. Refer to www.nmlsconsumeraccess.org to see additional license information. The Corporate office address is 4401 Hazel Ave Suite 225, Fair Oaks, CA 95628; www.empirehomeloans.com. This communication is for informational purposes only. This is not a commitment to lend. All programs are subject to change or cancellation at any time and without notice. Empire Home Loans, Inc., supports Equal Housing Opportunity.

Retirement Mortgage Planning in Washington State | Kirk M. Rau

Reverse mortgage, HECM, proprietary reverse mortgage, and reverse for purchase planning for adults 55+ in Pierce County and Washington State.

Retirement Mortgage Planning

Planning Topics

HECM and Proprietary Reverse Mortgages

FHA HECM

Proprietary (Jumbo) Reverse Mortgages

Official Resources

Retirement Mortgage Questions

Schedule a Strategy Call

Resources
Loan Programs
Contact

Home equity and housing costs are often central to retirement planning. This section covers reverse mortgages, reverse for purchase, and other ways to fit your home into retirement cash flow.

Each topic links to the detailed page for that resource.

The two main types differ in who insures or funds the loan and which rules apply. Confirm current requirements with the lender before you decide.

Insured by the Federal Housing Administration (FHA).

Borrowers must be 62 or older.

Requires HUD-approved counseling before closing.

Subject to FHA lending limits.

Includes a financial assessment of ability to pay property taxes and insurance.

Not FHA-insured. Funded by a private lender or investor.

May be available for homes above FHA lending limits.

Age, equity, property, and counseling requirements are set by the program.

Interest rates, fees, and terms vary by lender.

Independent information from federal agencies:

U.S. Department of Housing and Urban Development (HUD) for FHA reverse mortgage and HUD-approved counseling information.

Consumer Financial Protection Bureau (CFPB) for consumer guidance on reverse mortgages and home equity.

If you are 62 or older and own a home in Pierce County or Washington State, a strategy call can help you understand whether a reverse mortgage fits your plan.