Palm Beach Reverse Mortgages
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 Palm Beach 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)
Palm Beach Reverse Mortgage Facts
| City | Homeowners Age 62+ | Reverse Mortgages Closed Last 12 Months | Purchase Reverse Mortgages Closed Last 12 Months | Lenders in Palm Beach (est) | Avg. Home Value |
|---|---|---|---|---|---|
| Palm Beach | 194,035 | 432 | 17 | 28 | $2,486,495 |
HUD Approved Direct Lender in Palm Beach
All Reverse Mortgage, Inc. (ARLO™) is proud to be a HUD-approved lender, providing Palm Beach homeowners with 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 Palm Beach, you can trust ARLO™, a local expert, to help you understand how a reverse mortgage can benefit you. Whether you’re looking to refinance your home, pay off an existing loan, or tap 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 all the information you need to make the best decision for your future, allowing you to enjoy your home without the burden 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.
Palm Beach Lending Limits
Palm Beach, Florida, is synonymous with luxury and elegance. Located on Florida’s eastern coast, Palm Beach has long been a haven for retirees and vacationers, drawn by its beautiful beaches, upscale shopping, and historic architecture. The town is renowned for its exclusive neighborhoods, including famous estates and golf courses that have attracted some of the nation’s wealthiest residents.
As of 2024, the median home value in Palm Beach is approximately $1.7 million. Given that many homes in Palm Beach exceed the federal reverse mortgage lending limit of $1,209,750, homeowners with higher-valued properties might consider a jumbo reverse mortgage to access their home’s equity. This program offers additional borrowing power for properties exceeding the traditional HECM limit, allowing retirees to plan for the future while continuing to enjoy their luxurious surroundings.
For senior homeowners in Palm Beach, a reverse mortgage could be a valuable tool to enhance retirement living. Whether you’re looking to eliminate monthly mortgage payments or establish a growing line of credit for future financial needs, a reverse mortgage can help you unlock the potential of your home’s value and provide financial security in retirement.
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 help you make informed decisions and ensure that you can continue enjoying life in Palm Beach.
