Everett Reverse Mortgage Lenders
At All Reverse Mortgage, Inc. (ARLO™), we are proud to be Washington’s #1 Rated Reverse Mortgage Lender, as recognized by the Better Business Bureau. We have a perfect 5-star rating and an A+ exemplary score. We’ve been serving Everett homeowners since 2004 and are dedicated to providing reverse mortgages that help you enjoy your retirement years with peace of mind.
We understand that you deserve the best possible rate with the lowest costs. That’s why we focus solely on reverse mortgages, ensuring you receive expert guidance every step of the way. As a HUD-approved direct lender, we offer both national HECM programs and specialized jumbo Reverse Mortgages for homeowners with higher-value properties in Washington State.
We invite you to compare our customer reviews, lower rates, and closing costs with those of any other lender. We’re confident you’ll see the difference, and we look forward to helping you achieve your financial goals.
All Reverse Mortgage, Inc. is licensed by the Department of Financial Institutions (#CL-13999)
Everett Reverse Mortgage Facts
| City | Homeowners Age 62+ | Reverse Mortgages Closed Last 12 Months | Purchase Reverse Mortgages Closed Last 12 Months | Lenders in Everett (est) | Avg. Home Value |
|---|---|---|---|---|---|
| Everett | 15,240 | $653,394 |
HUD Approved Direct Lender
All Reverse Mortgage, Inc. (ARLO™) is approved by the Department of Housing and Urban Development (HUD) to originate, underwrite, and close HUD’s Home Equity Conversion Mortgage (HECM, or “Heck-um”). The HECM is HUD’s reverse mortgage loan program.
All Reverse Mortgage of Everett originates and closes refinance loans for homeowners who are looking to either pay off their existing loan and eliminate monthly mortgage payments, use their equity for other purposes if they have no existing loan, or a combination of both.
About All Reverse Mortgage of Everett
The All Reverse Mortgage, Inc. team has extensive experience, including being part of the group that introduced the first fixed-rate jumbo reverse mortgage in 2008. With this background, we are constantly exploring new products for homeowners in high-value markets where the HUD HECM may not be the best fit. Although jumbo or proprietary programs often offer lower Principal Limits relative to property values, they can be the right solution for certain borrowers.
An experienced originator can help you weigh the pros and cons of each program and make an informed decision. There may be a mix of HUD HECM and niche jumbo opportunities in various markets, allowing homeowners aged 62 and above to leverage reverse mortgages as a versatile financial tool. This can be particularly valuable for those seeking to eliminate mortgage payments or establish a growing line of credit, enhancing their retirement plans.
Everett, Washington, is the seventh-largest city in the state, situated about 40 miles south of Seattle. As of 2016, the population of Everett was 106,580, with senior homeowners aged 62 years and older representing approximately 14.3 percent of the population.
Incorporated in 1893, Everett is home to the largest public marina on the West Coast of the U.S. The city offers many parks, with more than 40 parks available to residents and visitors. Notable attractions include the Nishiyama Garden, Evergreen Arboretum and Gardens, and the Everett Historic District, which combine natural beauty and historical charm.
Everett’s economy is largely driven by manufacturing, with Boeing’s assembly plant being one of the city’s major employers. The plant, the largest building in the world by volume at 116.5 million cubic feet, employs nearly 39,000 residents.
As of January 2023, the median home value in Everett is $653,394, reflecting a 14.9 percent increase over the past year. With rising home values, many homes in Everett still fall well within the federal reverse mortgage lending limit of $1,149,825. For homeowners whose properties exceed this limit, private jumbo reverse mortgage programs may offer a better solution to access more of their home equity.
If you live in Everett or are considering moving here, All Reverse Mortgage, Inc. (ARLO™) is ready to answer your questions. Access our reverse mortgage calculator to estimate your lending limit, or call us Toll-Free at (800) 565-1722 to explore your options. We’re here to help you make informed decisions to secure your financial future and enjoy your retirement.
