Contra Costa Reverse Mortgages
At All Reverse Mortgage, Inc. (ARLO™), we take pride in being California’s #1 Rated Reverse Mortgage Lender. We have a perfect 5-star rating from the Better Business Bureau and an A+ Exemplary Rating. We’ve been serving communities across California and 15 additional states since 2004, all from our headquarters in Southern California.
We focus solely on reverse mortgages, so you can trust that we have the expertise you need. We’re dedicated to providing you with the best possible rates and the lowest costs, ensuring you get the most out of your home’s equity.
As a HUD-approved lender, we offer national HECM programs and provide non-FHA and Jumbo Reverse Mortgages for those with higher-value homes exceeding the national 2024 lending limit of $1,149,825.
We invite you to compare our reviews, rates, and closing costs with those of any other lender. We’re confident you’ll see the difference and are excited to help you make the most informed decision.
Contra Costa County Reverse Mortgage Facts
| City | Homeowners Age 62+ | Reverse Mortgages Closed Last 12 Months | Purchase Reverse Mortgages Closed Last 12 Months | Lenders in Contra Costa (est) | Avg. Home Value |
|---|---|---|---|---|---|
| Contra Costa | 135,992 | 797 | 18 | 626 | $910,634 |
HUD-Approved Direct Lender
At All Reverse Mortgage, Inc. (ARLO™), we are proud to be approved by the Department of Housing and Urban Development (HUD) to offer the Home Equity Conversion Mortgage (HECM), commonly known as a reverse mortgage. We take care of everything, from the application to closing, ensuring you’re in good hands every step of the way.
We serve homeowners in Anaheim, helping those who already own their homes refinance to eliminate their monthly mortgage payments or access their home equity for other needs. Whether you want to pay off your existing loan, free up some extra cash, or do both, we’re here to help.
About Us
Our team at All Reverse Mortgage has deep experience in the industry. In 2008, we were part of the group that introduced the first fixed-rate jumbo reverse mortgage, so we understand both HUD-backed HECM loans and jumbo (or proprietary) loans. This expertise allows us to offer options for homeowners with higher-value homes that may not be fully covered by HUD’s HECM program.
Choosing the right loan can be challenging, but our experienced originators are here to guide you. We’ll explain the options, including the pros and cons of each, so you can make the best decision for your situation. Whether a HUD HECM or a jumbo loan is right for you depends on your unique needs, and we’ll ensure you have all the information to make an informed choice.
For homeowners aged 62 and older, a reverse mortgage can be a valuable financial tool. It’s not just a last resort; many use it to enhance their retirement plans. With a reverse mortgage, you can eliminate monthly mortgage payments or set up a line of credit that grows over time, helping you live comfortably and plan for the future.
Contra Costa County Lending Limits
Contra Costa County, located in California, gets its name from the Spanish term meaning “opposite coast,” referring to its position across from San Francisco. As of the 2024 estimate, the county has a population of 1,161,800.
One of the country’s most notable landmarks is Mount Diablo, which stands at 3,849 feet at the northern end of the Diablo Range. In the 1960s, plans were made to develop the area around the mountain, but thanks to the efforts of the nonprofit organization Save Mount Diablo, the mountain was preserved.
Contra Costa County has a rich agricultural history, with walnut production in the central region, stone fruit farming in the eastern areas, and pear orchards in the Moraga region.
Housing in the county has become increasingly popular, as rising home prices in nearby San Francisco have led many to seek more affordable options in Contra Costa. As of January 2024, the average home value in the county is $950,300—higher than the national average but still more affordable than San Francisco.
If you live in Contra Costa County, your home may be eligible for a Home Equity Conversion Mortgage (HECM), with a maximum lending limit of $1,149,825. For homeowners with properties valued above this limit, a jumbo reverse mortgage might offer the extra borrowing power you need.
If you’re a homeowner in Contra Costa County aged 62 or older and are curious about how a reverse mortgage could benefit you, All Reverse Mortgage, Inc. (ARLO™) is here to help. Call us today at Toll-Free (800) 565-1722 or visit our calculator to explore your options.
We’re ready to answer your questions and help you make the most of your home’s equity—so you can confidently enjoy your retirement. Don’t wait—reach out to us today!
