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Washington Reverse Mortgages

Resources for Washington Retirees

Retirement brings an array of life changes that can be overwhelming. From help stretching your retirement dollars to information on social activities, the web is rife with resources to help today’s seniors get the most from their retirement.

An answer for financial difficulties

One of the biggest problems facing today’s retirees is money. Retired homeowners can find themselves in an asset-rich but cash-poor position and they wonder how their homes can help them with their daily expenses.

For retirees in Washington, reverse mortgages can provide the financial boost they need. Homeowners who are 62 or over can tap into the equity of their home and convert it to cash. This cash can be used for regular expenses, unforeseen medical costs, or even vacations.

Washington reverse mortgages can give the homeowner either a lump sum or monthly income. Since the loan is against an asset, it can be secured even by homeowners with no income at all.

Houses are more than just items of monetary value. They carry a lot of memories for homeowners in Washington. Reverse mortgages allow homeowners to realize the monetary value of their homes without giving up something that is so important to them and their families.

More information on Washington reverse mortgages can be found by calling the US Department of Housing and Urban Development (HUD) at 1-800-569-4287, or by visiting the HUD website.


Get out and get active

Local retirees have a tremendous variety of social options available. Washington has 120 state parks that offer activities from hiking to heritage sites. Some people might prefer to encounter wildlife at places like the Seattle Aquarium or the Woodland Park Zoo. Music lovers can enjoy the Olympic Music Festival while science buffs could visit the Columbia River Exhibition of History, Science, and Technology.

Many more activities are listed on Washington’s official tourism site.

Retirees have a lifetime of experience that can benefit others. Consider volunteering with the local branch of the Retired and Senior Volunteer Program to offer your skills.


General retirement information

AARP - Washington is the local branch of the AARP. They focus on subject of interest to Washington retirees such as volunteer programs and legislation that will affect your life.

Aging & Disability Services Administration is a division of the Washington State Department of Social and Health Services. They provide information to help seniors locate needed resources if they find themselves less independent than they were in the past.

Growing Older is a collection of articles written by columnist Liz Taylor for the Seattle Times on the subject of senior healthcare issues. This archive contains columns through December 2003, and more recent columns can be found at the Seattle Times Growing Older Archives.

This is just a small sample of resources available on the web for seniors. Everything you need to know is just a click away.

 

AmeriTek Home Mortgage
6617 Madison Avenue Suite 5
Carmichael, CA 95608

TOLL-FREE: (800) 344-1733
PHONE: (916) 961-2901
FAX: (916) 961-6619

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