Lakewood's #1 Reverse Mortgage

Michael G. Branson, CEO of All Reverse Mortgage, Inc., and moderator of ARLO™, has 45 years of experience in the mortgage banking industry. He has devoted the past 20 years to reverse mortgages exclusively. (License: NMLS# 14040)

All Reverse Mortgage's editing process includes rigorous fact-checking led by industry experts to ensure all content is accurate and current. This article has been reviewed, edited, and fact-checked by Cliff Auerswald, President and co-creator of ARLO™. (License: NMLS# 14041)

By Michael G. Branson   Edited by Cliff Auerswald

Lakewood Reverse Mortgage Lenders

All Reverse Mortgage, Inc. (ARLO™) is headquartered in Southern California, but lends in many states nationwide, including Lakewood, Colorado. All Reverse began in
November 2007 and as the name implies, the only loan product that All Reverse Mortgage, Inc. (ARLO™) originates is the residential reverse mortgage loan.

We offer reverse mortgages to Lakewood homeowners and our staff has a combined lending experience exceeding 100 years
with national mortgage banking experience on both coasts and points between. Due to this varied direct experience, All Reverse Mortgage, Inc. (ARLO™) is well positioned to be able to assist borrowers with all specific needs associated with the reverse mortgage program.

Lakewood Reverse Mortgage Facts

HUD Approved Direct Lender

All Reverse Mortgage, Inc. (ARLO™) is approved with the Department of Housing and Urban Development (HUD) to originate,
underwrite and close the HUD Home Equity Conversion Mortgage (HECM, or “Heck-um”). The HECM is HUD’s acronym for their reverse mortgage loan.

All Reverse Mortgage, Inc. (ARLO™) originates in Lakewood and closes both refinance loans, where borrowers already own their home and are looking
to either pay off their existing loan and have no more monthly mortgage payment, utilize their equity for other purposes if they have no existing loan,
or possibly a combination of both

About All Reverse Mortgage, Inc. (ARLO™)

The owners and management of All Reverse Mortgage, Inc. (ARLO™) were part of the team that wrote and sold the first fixed-rate jumbo reverse
mortgage in 2008 and as such, have extensive experience in jumbo or proprietary loan programs as well. We are always looking for new products
to offer to borrowers of high valued homes in the higher home priced markets that the HUD HECM may just not serve well. Jumbo or proprietary
programs typically offer much lower Principal Limits as they relate to values, so not all borrowers are better served with the jumbo programs.

Only a seasoned originator can readily inform borrowers which program will best suit their needs and the positives and negatives of each
so that the borrower can make an informed decision. It is no longer uncommon anywhere in the country for a market to be a
solid HUD HECM market and then within just a short distance for a niche jumbo market to be located where there is a need for a jumbo program.

Therefore, homeowners aged 62 and above in all markets have seen that the reverse mortgage can be a very solid financial tool and many are now
seeking the reverse mortgage to augment their retirement plans and not so much as a mortgage of last resort. Everything from the elimination of the
existing mortgage payments to the line of credit that grows make reverse mortgage borrowers understand that this program allows them to utilize their
homes to not only live comfortably in their family home, but to plan for the future as well.

Lakewood Lending Limits

Lakewood, Colorado, is the fifth-most populous city in Colorado with a population of about 149,793 as of 2016.
Of the total population, senior homeowners 62 years and older make up about 19 percent of the population.

Lakewood is situated so residents and visitors can have fun, no matter whether they consider themselves to be
“outdoor” or “indoor” inclined. For the outdoor explorer, Lakewood is home or close enough to parks such as Bear
Creek Lake Park, where visitors can camp, hike or relax. Other points of interest include the the Lakewood Cultural Arts Center.

Retail trade is Lakewood’s primary economic driver, followed by healthcare and professional services.

The median home value in Lakewood, Colorado, is $801,019 -an increase of 4% in the last year.
Even with the predicted rise in home values, many
Lakewood, Colorado homes are still well within the bounds of the federal reverse mortgage lending limit of $1,209,750.

If you reside in Lakewood or are planning to move there, All Reverse Mortgage is here to answer your questions.