Ask Richard MLO is powered by WA First Mortgage, a privately owned, Kirkland Washington based mortgage broker and correspondent lender that has been established for over 10 years. WA First Mortgage has relationships with over 50 different national mortgage lenders. Over the years WA First Mortgage has cultivated quality relationships with their lenders resulting in the ability to offer quick closings, competitive mortgage rates, and high-level customer service.

The Ask Richard MLO team is taking a refreshing approach to help their customers understand the mortgage process and will be with them every step of the way. Assisting borrowers to secure the largest financial decision of their life is no task to take lightly, and Ask Richard MLO makes the experience easy, comfortable, and exciting. Every customer has different financial needs, and we can guide you to the best loan options to achieve your financial goals. We do business in Arizona, California, Idaho, and Washington and can provide clear explanations of the following mortgage products – purchase, FHA backed reverse mortgages (HECM), HECM for purchase, home equity line of credit (HELOC), or refinancing with cash out options.

Reverse Mortgage
For qualified borrowers who are 62 years or older, there are several mortgage loan opportunities to consider – such as a reverse mortgage. Unlike the past where a reverse mortgage put borrowers and their estate in a non-favorable financial position, FHA has created new regulations, including non-recourse loans, to protect borrowers and their estate. We also offer HomeSafe Select and EquityAvail for borrowers not yet 62 years old. We encourage you or your CPA, wealth manager, or financial planner to contact us so we can demystify this often-misunderstood financial tool for your retirement portfolio.

Contact us today to schedule!