Sewickley Reverse Mortgage Lenders
At All Reverse Mortgage, Inc. (ARLO™), we are proud to be Pennsylvania’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 Pennsylvania 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 Sewickley 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 Department of Banking and Securities (License/Registration #38143)
Sewickley Reverse Mortgage Facts
City | Homeowners Age 62+ | Reverse Mortgages Closed Last 12 Months | Purchase Reverse Mortgages Closed Last 12 Months | Lenders in Sewickley (est) | Avg. Home Value |
---|---|---|---|---|---|
Sewickley | 1,667 | 12 | 9 | 4 | $446,509 |
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 Home Equity Conversion Mortgage (HECM), commonly known as a reverse mortgage. We handle everything from start to finish, ensuring you’re in trusted hands throughout the process.
We serve Seweckley, helping homeowners refinance their homes, whether to eliminate existing mortgage payments or to access their home equity for other needs. Our team is here to guide you whether you’re looking to pay off your current loan, free up some extra cash, or both.
About All Reverse Mortgage, Inc.
The owners and management of All Reverse were part of the team that wrote and sold the first fixed rate jumbo reverse mortgage in 2008, and they bring that extensive experience to serve Pennsylvania homeowners. We understand the unique needs of those living in the Keystone State, especially in regions where home values may exceed what the standard HUD HECM can cover. That’s why we continually seek out new products, including jumbo or proprietary loan programs, to better serve homeowners with high-value properties.
Navigating the reverse mortgage landscape can be complex, especially in Pennsylvania’s diverse housing markets. Only a seasoned originator familiar with Pennsylvania residents’ specific needs can readily inform you which program will best suit your needs, outlining the pros and cons so that you can make a well-informed decision.
In Pennsylvania, where many homeowners are rooted in communities with strong historical and familial ties, the reverse mortgage has become more than just a financial tool—it’s a way to stay comfortably in the home you’ve cherished for years. Whether you’re looking to eliminate existing mortgage payments or set up a growing line of credit, this program allows you to utilize your home’s equity to live comfortably and plan for the future without the burden of monthly payments.
Sewickley, Pennsylvania Reverse Mortgage Lending Limits
Sewickley is a charming suburb located just 12 miles from Pittsburgh. Its population is just under 6,000. Approximately 28.2% of Sewickley’s population, or about 1,667 people, are senior homeowners aged 62 or older, making it a community with a strong presence of retirees and long-term homeowners.
Sewickley’s Economy and Lifestyle
Sewickley’s economy is typical of many Pennsylvania suburbs, with significant manufacturing, retail, healthcare, and transportation sectors. Residents enjoy various local amenities, from quaint shops and dining to parks and recreational activities. Given its proximity to Pittsburgh, residents of Sewickley can also take advantage of the cultural and sporting events of the city, including the Pittsburgh Penguins — in fact, Penguins star Sidney Crosby is a well-known resident of Sewickley.
Sewickley Housing Market and Reverse Mortgage Opportunities
As of January 2024, the median home value in Sewickley is $446,509, reflecting a 3.9% increase over the past 12 months. Roughly half of the homes in Sewickley are valued below the federal maximum reverse mortgage lending limit of $1,209,750, making many homeowners eligible for government-insured HECM loans. However, for homeowners with higher-valued properties, jumbo loan programs may provide a way to access even more home equity.
Explore Your Reverse Mortgage Options
If you’re a homeowner aged 62 or older in Sewickley, a reverse mortgage could offer valuable financial flexibility in retirement by allowing you to access your home’s equity. Whether you’re looking to eliminate monthly mortgage payments or unlock extra funds, All Reverse Mortgage, Inc. (ARLO™) is here to help.
Call us today Toll-Free at (800) 565-1722, or visit our reverse mortgage calculator to explore your options and see how much you could access through a reverse mortgage. We’re ready to assist you in making informed decisions and ensuring a comfortable retirement.