Klamath Falls Reverse Mortgage Lenders
At All Reverse Mortgage, Inc. (ARLO™), we’re proud to be Oregon’s #1 Rated Reverse Mortgage Lender, celebrating 20 years of dedicated service. Our A+ rating from the Better Business Bureau and perfect 5-star reviews reflect our unwavering commitment to providing you with the best terms and exceptional customer care.
Since 2004, our mission has been simple: to help Oregon homeowners make the most of their home’s equity with peace of mind. As a HUD-approved lender, we offer a comprehensive range of HECM and jumbo reverse mortgages tailored to your needs.
With our competitive rates and lower costs, you can retain more of your home’s equity. We’re here to show you the difference our experience can make, and we look forward to guiding you every step of the way!
All Reverse Mortgage is licensed by the Division of Finance and Corporate Securities (DFCF) (License/Registration #ML-5006)
Klamath Falls Reverse Mortgage Facts
| City | Homeowners Age 62+ | Reverse Mortgages Closed Last 12 Months | Purchase Reverse Mortgages Closed Last 12 Months | Lenders in Klamath Falls (est) | Avg. Home Value |
|---|---|---|---|---|---|
| Klamath Falls | 1,153 | $301,424 |
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), commonly referred to as a reverse mortgage.
In Albany, All Reverse Mortgage, Inc. (ARLO™) assists homeowners with refinancing, whether they want to pay off an existing loan and eliminate monthly mortgage payments, access their home equity for other purposes, or pursue a combination of both.
About All Reverse Mortgage, Inc.
At All Reverse Mortgage, Inc. (ARLO™), we’re proud to be licensed by the state of Oregon, bringing decades of expertise and local knowledge to homeowners across the state. Our owners and management were part of the team that introduced and sold the first fixed-rate jumbo reverse mortgage in 2008. With extensive experience in jumbo and proprietary loan programs, we continually seek new products to serve Oregon homeowners better, especially those with high-value homes in markets where the HUD HECM may not fully meet their needs.
As a licensed Oregon lender, we understand the unique aspects of the local housing market. We’re dedicated to helping you navigate the complexities of reverse mortgage options, from the HUD HECM to niche jumbo programs. Our seasoned originators are well-equipped to guide you through the process, ensuring you understand the pros and cons of each option so you can make an informed decision.
For homeowners aged 62 and above, a reverse mortgage can be a powerful financial tool—not just a last resort. Whether it’s eliminating existing mortgage payments or establishing a growing line of credit, we’re here to help you use your home’s equity to live comfortably and plan for the future in your family home.
Klamath Falls Lending Limits
A City Rich in History and Natural Resources
Klamath Falls, Oregon, is a small but vibrant community of around 21,000 people, situated just 25 miles north of the California border. This area has been inhabited for thousands of years, originally settled by the Klamath and Modoc Native American tribes. In its modern history, Klamath Falls was incorporated in 1905 and has grown into a town that blends small-town charm with urban amenities.
Home of the 173rd Fighter Wing and Geothermal Energy
One of Klamath Falls’ most prominent features is Kingsley Field, home to the 173rd Fighter Wing of the Oregon Air National Guard. The city is also known for its unique geothermal resources, which heat homes, businesses, and even sidewalks, helping to melt snow in the winter. This geothermal energy also powers the local swimming pool, allowing it to remain open year-round.
Proximity to Crater Lake and Natural Attractions
Klamath Falls’ natural beauty is undeniable. Crater Lake National Park is nearby, and local recreational opportunities include Moore Park, Link River Trail, and the Upper Klamath Canoe Trail. The region offers excellent outdoor experiences, making it a great place for retirees who enjoy nature.
Senior Community and Housing Market in Klamath Falls
According to U.S. Census Bureau data, around 12% of Klamath Falls’ population is 65 and older, with approximately 62% of those seniors owning their homes. This creates a strong community of senior homeowners, many of whom could benefit from a reverse mortgage.
As of January 2023, the median home value in Klamath Falls is $301,424, making it more affordable than many other parts of Oregon. For homeowners with higher-valued properties, jumbo reverse mortgage options can help tap into additional equity beyond the HUD lending limit of $1,149,825.
Explore Your Reverse Mortgage Options
If you’re a senior homeowner in Klamath Falls and are interested in learning more about reverse mortgages, All Reverse Mortgage, Inc. (ARLO™) is here to help. You can use our reverse mortgage calculator to estimate how much equity you can access, or give us a call at Toll-Free (800) 565-1722 for personalized advice. Let us assist you in making informed decisions and ensuring you can continue enjoying your retirement.
