Longmont Reverse Mortgage Lenders
At All Reverse Mortgage, Inc. (ARLO™), we’re honored to be recognized by the Better Business Bureau as Colorado’s top-rated reverse mortgage lender. We proudly hold a perfect 5.0-star rating and an A+ exemplary rating. With 20 years of experience, we’re dedicated to serving the needs of homeowners across 15 states, including right here in beautiful Colorado.
Since our founding in November 2004, we’ve focused exclusively on one thing: reverse mortgages. We believe in offering only the best, which is why we’re committed to providing you with the lowest rates and most competitive prices available.
As a HUD-approved direct lender, we offer the national HECM programs along with specialized non-FHA and jumbo reverse mortgages. This means we can help Colorado homeowners with high-value properties that exceed the national 2024 lending limit of $1,149,825.
We encourage you to compare our reviews, lower rates, and closing costs with those of any other major lender. The difference speaks for itself, and we’re excited to show you how we can help you maximize your home’s equity.
We are fully licensed by the Colorado Department of Regulatory Agencies (DORA), ensuring that you receive top-tier service and support from a trusted local partner. (License/Registration #100032569)
Longmont Reverse Mortgage Facts
| City | Homeowners Age 62+ | Reverse Mortgages Closed Last 12 Months | Purchase Reverse Mortgages Closed Last 12 Months | Lenders in Longmont (est) | Avg. Home Value |
|---|---|---|---|---|---|
| Longmont | 4,612 | 21 | 8 | 17 | $577,025 |
HUD-Approved Direct Lender
At All Reverse Mortgage, Inc. (ARLO™), we’re proud to be approved by the Department of Housing and Urban Development (HUD) to offer the HUD Home Equity Conversion Mortgage, also known as HECM or “Heck-um.” This reverse mortgage loan is designed specifically for seniors like you who want to make the most of their home’s equity.
Local Expertise in Longmont
We’re here in Longmont to assist homeowners who want to refinance their current mortgage or access their home’s equity. Whether you’re looking to pay off an existing loan and eliminate monthly mortgage payments, use your equity for other needs, or a combination of both, we’re here to guide you through the process with care and expertise.
About All Reverse Mortgage, Inc.
Our team has extensive experience in the reverse mortgage industry. We were part of the team that introduced the first fixed-rate jumbo reverse mortgage in 2008, giving us the expertise needed to serve homeowners with higher-value properties. We’re always exploring new products to better serve our clients, especially those whose home values exceed the limits of the HUD HECM program.
Expert Guidance You Can Trust
Choosing the right reverse mortgage option can be a big decision, but our seasoned professionals are here to help. We’ll walk you through the benefits and potential drawbacks of both HUD HECM and jumbo reverse mortgage programs so you can make an informed choice that best fits your needs.
For many homeowners aged 62 and above, a reverse mortgage has become a valuable financial tool—not just a last resort. Whether it’s eliminating monthly mortgage payments or setting up a line of credit that grows over time, this program can help you confidently live comfortably in your home and plan for the future.
Longmont Details
Longmont, Colorado, is a vibrant city with a rich history and a growing economy. Situated at the intersection of Boulder and Weld counties, Longmont was founded in 1871 by settlers from Chicago, initially known as the Chicago-Colorado Colony. Today, Longmont has evolved from its agricultural roots into a technology and innovation hub, with companies like Seagate and General Electric helping to drive its economy. The city also leads the way nationally with its municipal fiber-optic broadband, ensuring high-speed internet as a public utility.
Despite these modern advancements, Longmont retains its small-town charm, offering residents a well-planned community and plenty of outdoor recreational activities. Its proximity to Long’s Peak and other natural attractions makes it an ideal place for retirees seeking a balance of urban amenities and outdoor adventure.
Longmont Lending Limits
Longmont is home to a strong community of senior homeowners, with 11% of the population aged 65 or older, and 75% of these seniors owning homes. That represents nearly 5,000 households that could benefit from a reverse mortgage.
As of January 2024, the median home value in Longmont is $577,025, according to the Zillow Home Value Index. This value places most homes in Longmont well within the federal reverse mortgage lending limit of $1,149,825, making a Home Equity Conversion Mortgage (HECM) a great option for many eligible homeowners. For those with higher-value homes, jumbo reverse mortgage programs are available to unlock even more of their home equity.
If you’re a homeowner in Longmont and looking for a way to supplement your retirement income, eliminate monthly mortgage payments, or establish a line of credit, a reverse mortgage could be a valuable financial tool. All Reverse Mortgage, Inc. (ARLO™) can guide you through the process and help you make an informed decision.
For more information, contact us today at Toll-Free (800) 565-1722 or visit our reverse mortgage calculator to estimate your lending limit and learn how to make the most of your home’s equity.
