Reverse Mortgage for Purchase in Washington State

How adults 62+ may use a reverse mortgage to buy a new primary residence in Pierce County, WA. Downsize, rightsize, and reduce monthly payments.

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.

Reverse Mortgage for Purchase in Washington State | Kirk M. Rau

How adults 62+ may use a reverse mortgage to buy a new primary residence in Pierce County, WA. Downsize, rightsize, and reduce monthly payments.

Reverse Mortgage for Purchase in Washington State

Buy a Home in Retirement With a Reverse Mortgage

Ask About Reverse for Purchase

Thank You

Common Reverse for Purchase Scenarios

Reverse for Purchase FAQs

Ask About Reverse for Purchase

Loan Options
More Resources
Contact

How adults 62+ may use a reverse mortgage to purchase a new primary residence—downsize, rightsize, move closer to family, and reduce required monthly mortgage payments across Pierce County and Washington State.

Reverse mortgage for purchase allows adults 62 and older to combine a down payment with a reverse mortgage to buy a new primary residence. Instead of taking out a traditional mortgage with monthly principal and interest payments, the borrower uses home equity and a lump sum down payment to secure the home.

This strategy can be especially useful for retirees who want to downsize from a large family home in Graham or Bonney Lake, rightsize to a single-level property in University Place, or move closer to children in Tacoma or Gig Harbor. By eliminating required monthly mortgage payments, retirees may preserve cash flow for other retirement expenses.

As a Mortgage Loan Originator, I help clients 62 and older, their families, and their real estate agents understand the reverse for purchase process—including down payment estimates, HUD counseling requirements, property eligibility, and how this tool compares to paying cash or using a traditional loan.

Kirk will reach out shortly to discuss reverse for purchase options.

If you are 62 or older and considering a home purchase in Pierce County or Washington State, a reverse for purchase strategy may help you reduce monthly obligations and preserve retirement cash flow. Let\'s review your options.