Miami Reverse Mortgage Lenders
At All Reverse Mortgage, Inc. (ARLO™), we are proud to be Florida’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 Florida 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 national HECM programs and specialized jumbo Reverse Mortgages for homeowners with higher-value properties in Miami and the surrounding area.
We invite you to compare our customer reviews, lower rates, and closing costs with 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 Florida Office of Financial Regulation (License/Registration #MLD837)
Miami Reverse Mortgage Facts
| City | Homeowners Age 62+ | Reverse Mortgages Closed Last 12 Months | Purchase Reverse Mortgages Closed Last 12 Months | Lenders in Miami (est) | Avg. Home Value |
|---|---|---|---|---|---|
| Miami | 118,593 | 390 | 8 | 20 | $556,582 |
HUD Approved Direct Lender in Miami
All Reverse Mortgage, Inc. (ARLO™) is proud to be a HUD-approved lender, providing Miami homeowners the opportunity to explore the HUD Home Equity Conversion Mortgage, or HECM (pronounced “Heck-um”). This reverse mortgage loan, backed by HUD, is designed to offer financial security for those aged 62 and older.
As a resident of Miami, you can trust ARLO™, a local expert, to help you understand how a reverse mortgage can benefit you. Whether you’re interested in refinancing your home, paying off an existing loan, or tapping into your home’s equity for other purposes, we’re here to guide you through every step. We aim to ensure you have the information needed to make the best decision for your future, allowing you to enjoy your home without the stress of monthly mortgage payments.
Miami Lending Limits
The All Reverse Mortgage, Inc. (ARLO™) team has extensive experience, including being part of the group that introduced the first fixed-rate jumbo reverse mortgage in 2008. Our deep knowledge of HECM and jumbo reverse mortgage programs allows us to offer the best advice for homeowners, particularly those in higher-value homes where a traditional HECM might not be the ideal solution.
Boynton Beach, located in Palm Beach County, has an estimated population of around 85,000 people as of 2024. Approximately 25% of these are seniors aged 65 and older, making this a prime community for older homeowners looking to explore financial options like reverse mortgages.
The median home value in Boynton Beach as of January 2024 is approximately $510,650. This places many homes in the area comfortably within the federal reverse mortgage lending limit of $1,149,825. For those with higher-valued properties, jumbo reverse mortgage programs can offer an alternative means of accessing home equity.
As a senior homeowner in Boynton Beach, a reverse mortgage could be a valuable tool to enhance your retirement. Whether you’re looking to eliminate monthly mortgage payments or establish a growing line of credit, a reverse mortgage can help you unlock the equity in your home while securing your financial future.
This information is based on the most current data available for 2024.
If you have any questions or want to explore your options, All Reverse Mortgage, Inc. (ARLO™) is here to help.
Call us today at Toll-Free (800) 565-1722, or visit our calculator to see how much you could access with a reverse mortgage. We’re ready to assist you in making informed decisions and ensuring you can continue enjoying your life in Miami.
