Mount Shasta Reverse Mortgages
At All Reverse Mortgage, Inc. (ARLO™), we take pride in being California’s #1 Rated Reverse Mortgage Lender. We have a perfect 5-star rating from the Better Business Bureau and an A+ Exemplary Rating. We’ve been serving communities across California and 15 additional states since 2004, all from our headquarters in Southern California.
We focus solely on reverse mortgages, so you can trust that we have the expertise you need. We’re dedicated to providing you with the best possible rates and the lowest costs, ensuring you get the most out of your home’s equity.
As a HUD-approved lender, we offer national HECM programs and provide non-FHA and Jumbo Reverse Mortgages for those with higher-value homes exceeding the national 2024 lending limit of $1,149,825.
We invite you to compare our reviews, rates, and closing costs with those of any other lender. We’re confident you’ll see the difference and are excited to help you make the most informed decision.
Mount Shasta Reverse Mortgage Facts
| City | Homeowners Age 62+ | Reverse Mortgages Closed Last 12 Months | Purchase Reverse Mortgages Closed Last 12 Months | Lenders in Mount Shasta (est) | Avg. Home Value |
|---|---|---|---|---|---|
| Mount Shasta | 1,058 | 3 | 0 | 3 | $479,887 |
HUD-Approved Direct Lender
At All Reverse Mortgage, Inc. (ARLO™), we are proud to be approved by the Department of Housing and Urban Development (HUD) to offer the Home Equity Conversion Mortgage (HECM), commonly known as a reverse mortgage. We take care of everything, from the application to closing, ensuring you’re in good hands every step of the way.
We serve homeowners in Anaheim, helping those who already own their homes refinance to eliminate their monthly mortgage payments or access their home equity for other needs. Whether you want to pay off your existing loan, free up some extra cash, or do both, we’re here to help.
About Us
Our team at All Reverse Mortgage has deep experience in the industry. In 2008, we were part of the group that introduced the first fixed-rate jumbo reverse mortgage, so we understand both HUD-backed HECM loans and jumbo (or proprietary) loans. This expertise allows us to offer options for homeowners with higher-value homes that may not be fully covered by HUD’s HECM program.
Choosing the right loan can be challenging, but our experienced originators are here to guide you. We’ll explain the options, including the pros and cons of each, so you can make the best decision for your situation. Whether a HUD HECM or a jumbo loan is right for you depends on your unique needs, and we’ll ensure you have all the information to make an informed choice.
For homeowners aged 62 and older, a reverse mortgage can be a valuable financial tool. It’s not just a last resort; many are using it to enhance their retirement plans. With a reverse mortgage, you can eliminate monthly mortgage payments or set up a line of credit that grows over time, helping you live comfortably and plan for the future.
Mount Shasta Lending Limits
Mount Shasta, California, is a picturesque city nestled in Siskiyou County, known for its stunning natural beauty and the majestic Mount Shasta, a prominent volcanic peak that dominates the landscape. With just over 3,300 residents as of 2024, Mount Shasta is a small, close-knit community that offers a serene and peaceful environment, attracting nature lovers, outdoor enthusiasts, and those seeking a tranquil lifestyle.
The city of Mount Shasta is surrounded by pristine forests, crystal-clear lakes, and numerous hiking trails, making it a paradise for outdoor activities such as hiking, fishing, skiing, and camping. The Mount Shasta Ski Park is a popular destination for winter sports, while summer months invite residents and visitors to explore the scenic landscapes of the Shasta-Trinity National Forest. The city’s proximity to the Sacramento River and Lake Siskiyou further enhances its appeal for those who enjoy water-based recreation.
Mount Shasta has a rich history tied to its Native American roots, spiritual significance, and the Gold Rush era. Today, it retains its charm with a vibrant downtown area that features local shops, art galleries, and restaurants, all set against the backdrop of the towering mountain. The community is known for its strong local pride and a deep connection to the natural world.
The climate in Mount Shasta is characterized by four distinct seasons, with cool, snowy winters and warm, dry summers. Winter temperatures often range from the 20s to 40s, while summer temperatures typically vary between the 50s and 80s. The area receives an average of 40 inches of precipitation annually, with snowfall common in winter, making it an ideal destination for winter sports enthusiasts.
As of 2024, the median home value in Mount Shasta is $402,500, reflecting a steady appreciation in property values over the past year. Most homes in Mount Shasta fall well within the federal reverse mortgage lending limit of $1,149,825, making the Home Equity Conversion Mortgage (HECM) product accessible to most qualified homeowners. Private jumbo reverse mortgage programs are also available for those with properties valued above this limit.
If you’re a homeowner in Mount Shasta aged 62 or older, and you’re curious about how a reverse mortgage could benefit you, All Reverse Mortgage, Inc. (ARLO™) is here to help. Call us today at Toll-Free (800) 565-1722 or visit our calculator to explore your options.
We’re ready to answer your questions and help you make the most of your home’s equity—so you can confidently enjoy your retirement. Don’t wait—reach out to us today!
