Ocala 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 both national HECM programs and specialized jumbo reverse mortgages for homeowners with higher-value properties in Ocala and the surrounding area.
We invite you to compare our customer reviews, lower rates, and closing costs with those of 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)
Ocala Reverse Mortgage Facts
City | Homeowners Age 62+ | Reverse Mortgages Closed Last 12 Months | Purchase Reverse Mortgages Closed Last 12 Months | Lenders in Ocala (est) | Avg. Home Value |
---|---|---|---|---|---|
Ocala | 4,107 | $282,848 |
HUD Approved Direct Lender in Ocala
All Reverse Mortgage, Inc. (ARLO™) is proud to be a HUD-approved lender, offering Ocala 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 provide financial security for those aged 62 and older.
As a resident of Ocala, 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 of the process. Our goal is 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.
About All Reverse Mortgage, Inc.
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 both 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.
Ocala Lending Limits
Ocala, Florida, renowned as the “Horse Capital of the World,” boasts a thriving horse industry that has helped shape its local economy and community. Founded in 1849, Ocala combines historic charm with modern living, making it an attractive destination for retirees. The city offers various outdoor activities, equestrian events, and cultural experiences that appeal to its diverse residents.
Ocala’s population includes a significant number of seniors, with many aged 65 and older potentially qualifying for a reverse mortgage. The median home value in Ocala is $282,848 as of 2024, reflecting a substantial 33.3% increase over the past year.
This price point places most homes in Ocala below the federal reverse mortgage lending limit of $1,209,750, allowing many homeowners to access their home equity through a Home Equity Conversion Mortgage (HECM). For those with higher-valued properties, jumbo reverse mortgage programs are available, offering an additional way to leverage their home’s value for retirement planning.
A reverse mortgage can be an effective tool for senior homeowners in Ocala, whether to eliminate monthly mortgage payments or create a growing line of credit for future needs.
If you have any questions or want to explore your options, All Reverse Mortgage, Inc. (ARLO™) is here to help.
Give us a call 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 Ocala.