Reverse Mortgages - Application
Obtaining a reverse mortgage is more complex than the traditional mortgage process. At Seattle Mortgage, we make it as easy as possible and are always here to help!
Below is a list of documents you will need to provide to complete a reverse mortgage application.
- Original counseling certificate provided by third party reverse mortgage counselor
- Photocopies of drivers license, social security card and birth certificate, if available.
- Copy of recent property tax statement and homeowners insurance bill.
- Original death certificate of spouse if a widow(er). This is needed only if deceased spouse has not been removed from title to property.
- Names, addresses and account numbers for mortgage debt.
- If the property is held in a trust please provide us with a copy of the trust agreement.
- If the person signing has Power of Attorney for the borrower, please provide us with a copy of the Durable Power of Attorney.
- If the property previously had a mortgage balance that was paid off in full, please provide us with a copy of the Satisfaction of Mortgage.