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Oregon Reverse Mortgage Companies

Oregon is home to quite a bit of seniors. The cooler climate is one of the reason why almost 20% of the population is 65 or older in the state. Of the 65 and older population, about 3/4 of them own their own homes. The previous fact helps put Oregon as a popular state for reverse mortgages as far as percentages. Reverse mortgage may not be the right option for everyone but can be a useful took if understood and used as a last resort. Experts recommend that reverse mortgage loans should only be considered if you are almost certain that you will stay in the home for at least 5-10 years, if not longer.

Reverse Mortgage Requirements

Those looking to qualify for a Oregon home reverse mortgage will be glad to hear that credit scores and income are not used when applying for a reverse mortgage at this point. The government is considering changing requirements shortly to factor in the ability to pay property taxes and insurance as part of the requirements.

Reverse Mortgage Lenders in OR

Axia Financial, LLC

Colby Keener
805-484-7579

First Priority Financial

Jack Tenold
509-623-1623

Genworth Financial Home Equity Access, Inc.

Hank Rhoads
916-849-6447

Greenleaf Financial, LLC

Lynn Wertzler
503-526-1331

HomeStreet Bank

Mitch Lambley
503-827-7991
Great rates and low fees from a licensed reverse mortgage lender in your state.

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