HECM mortgage help for Tacoma homeowners

Tacoma and the South Sound have many longtime homeowners: retired military families near JBLM, people who have lived in the North End or Proctor for decades, and owners of older homes with plenty of character. A HECM mortgage may help some of them stay in place with more financial breathing room.

Older homes sometimes need repairs to meet FHA property standards. If an appraiser flags something, we'll talk through how repairs may be handled.

How a HECM mortgage may help in Tacoma

• Pay off an existing mortgage, so no monthly mortgage payment is required
• Receive funds as a lump sum, monthly payments, a line of credit, or a mix
• Keep ownership of your home and stay as long as you meet the loan terms
• Buy a home that suits this stage of life with a HECM for Purchase

You'll still pay property taxes, homeowners insurance and any HOA dues, and keep the home in good repair. Interest and fees are added to the balance over time.

Home values in Tacoma

Many Tacoma-area homes fall within the FHA HECM limit, so a standard HECM is often the starting point. For 2026, the FHA HECM maximum claim amount is $1,249,125 (HUD). Learn about higher-value homes.

Who I help

I work with homeowners 62 and older in Tacoma and nearby communities such as North End, Proctor, Stadium District, Lakewood, University Place, Puyallup, in Pierce County. Adult children, trusted friends and financial advisors are always welcome on our calls.

My simple 4-step process

I've been helping Washington homeowners since 1993. First, a free, no-pressure conversation. Second, HUD-approved counseling, which is usually a phone call of about 30 minutes; I'll give you a list of counselors. Third, I handle the paperwork and coordinate the appraisal, title and escrow. Fourth, we review every number together before you sign, and then you close.

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Tacoma questions

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