Experience Excellence with South Carolina’s Top Reverse Mortgage Lender
At All Reverse Mortgage, Inc. (ARLO™), we’re proud to be South Carolina’s #1 Rated Reverse Mortgage Lender, celebrating 20 years of dedicated service. Our A+ Rating from the Better Business Bureau and perfect 5-star Reviews reflect our commitment to providing you with the best terms and exceptional customer care.
Since 2004, our mission has been simple: to help South Carolina homeowners make the most of their home’s equity with peace of mind. As a HUD-approved lender, we offer a full range of HECM & Jumbo Reverse Mortgages tailored to meet your unique needs.
With our competitive rates and lower costs, you can keep more of your home’s equity. We’re here to show you the difference our experience can make, and we look forward to guiding you every step of the way!
South Carolina Reverse Mortgage Facts
| Top 10 Reverse Mortgage Cities in South Carolina |
|---|
| 1 Bluffton |
| 2 Mount Pleasant |
| 3 Charleston |
| 4 Fort Mill |
| 5 Greenville |
| 6 Myrtle Beach |
| 7 Indian Land |
| 8 Columbia |
| 9 North Myrtle Beach |
| 10 Inman |
| Data by MCA (January 2024) |
| State | Homeowners Age 62+ | Reverse Mortgages Closed Last 12 Months | Purchase Reverse Mortgages Closed Last 12 Months | Lenders in South Carolina | Avg. Home Value |
|---|---|---|---|---|---|
| South Carolina | 357,159 | 527 | 121 | 66 | $353,100 |
Top Reverse Mortgage Lenders in South Carolina
| Lender | Rating | Years in Business | Stars (0-5) | Good Review % | Complaints | BBB Review |
|---|---|---|---|---|---|---|
| Advisors Mortgage Group | A+ | 24 | 1.80/5 | 36.0% | 5 | Source |
| American Advisors Group (AAG) | A | 19 | 4.70/5 | 94.0% | 61 | Source |
| American Pacific Mortgage | F | 28 | 1.75/5 | 35.0% | 13 | Source |
| Ennkar Inc. | A+ | 14 | 4.00/5 | 80.0% | 3 | Source |
| Fairway Independent Mortgage | A+ | 28 | 4.35/5 | 87.0% | 38 | Source |
| Finance of America Reverse LLC (FAR) | A+ | 20 | 1.00/5 | 20.0% | 21 | Source |
| GoodLife Home Loans | A+ | 12 | 4.43/5 | 88.6% | 0 | Source |
| Guild Mortgage Company (Formerly Cherry Creek LLC) | A+ | 64 | 1.36/5 | 27.2% | 40 | Source |
| HighTechLending Inc | A+ | 18 | 4.93/5 | 98.6% | 0 | Source |
| Liberty Home Equity Solutions Inc. | A+ | 21 | 1.00/5 | 20.0% | 3 | Source |
| Longbridge Financial LLC | A+ | 12 | 3.92/5 | 78.4% | 17 | Source |
| Mid America Mortgage Inc. | A+ | 65 | 3.00/5 | 60.0% | 0 | Source |
| Moneyhouse | NR | NA | NA | NA | 0 | Source |
| Movement Mortgage, LLC | A+ | 17 | 4.80/5 | 95.6% | 110 | Source |
| Mutual of Omaha Mortgage | A+ | 11 | 4.71/5 | 94.2% | 50 | Source |
| Open Mortgage LLC | A+ | 21 | 2.60/5 | 52.0% | 1 | Source |
| Plaza Home Mortgage Inc | A+ | 23 | 2.29/5 | 45.8% | 18 | Source |
| Smartfi Home Loans | A+ | 5 | NA | NA | 0 | Source |
| South River Mortgage, LLC | A+ | 5 | 2.62/5 | 52.4% | 15 | Source |
About All Reverse Mortgage of South Carolina
As a trusted HUD-approved lender, All Reverse Mortgage, Inc. (ARLO™) is fully qualified to help you access the equity in your home through the Home Equity Conversion Mortgage (HECM) program. Whether you’re looking to pay off an existing mortgage and eliminate monthly payments or utilize your equity for other financial needs, we’re here to guide you through the process with expertise and care.
Our team has deep roots in the reverse mortgage industry, including being part of the group that introduced the first fixed-rate jumbo reverse mortgage in 2008. This extensive experience allows us to offer personalized solutions, especially for homeowners with high-value properties where a traditional HECM may not be the best fit.
Choosing the right reverse mortgage program can be a complex decision, but our seasoned professionals are here to help. We’ll explain the benefits and considerations of each option, ensuring you can make an informed choice that suits your needs.
For homeowners aged 62 and above, reverse mortgages have become a valuable financial tool—not just as a last resort, but as a strategic way to enhance retirement plans. Whether you’re looking to eliminate monthly mortgage payments or establish a growing line of credit, a reverse mortgage can help you live comfortably in your home while planning for a secure future.
South Carolina Reverse Mortgage Lending Limits
South Carolina, known as “The Palmetto State,” is home to over 5.3 million residents as of 2024. The state offers some of the lowest property tax rates in the U.S., making homeownership more affordable for many. With a median home value of $353,100 as of January 2024, many South Carolina homeowners are eligible for a reverse mortgage. The state’s home values fall well within the HECM (Home Equity Conversion Mortgage) reverse mortgage lending limit of $1,149,825.
A Glimpse into South Carolina’s History and Economy
South Carolina boasts a rich and storied history, from its early settlement by the Spanish in the 1500s to its pivotal role in the American Revolution. Nearly a third of all Revolutionary War battles were fought on South Carolina soil, solidifying the state’s place in the nation’s early history.
The state’s economy has evolved dramatically over the years. Once dominated by cotton during the Antebellum period, South Carolina’s industries now include textiles, agriculture, and aerospace manufacturing. The state’s agriculture sector remains strong, particularly in peach production. South Carolina is second only to California in the U.S. for peach production and celebrates its heritage with an annual Peach Festival in Gaffney.
Natural Beauty and Senior Living in South Carolina
The state’s diverse geography includes the Atlantic coastal plain, the Piedmont region, and the Blue Ridge Mountains, offering residents abundant natural beauty. South Carolina provides the perfect backdrop for retirees seeking relaxation and adventure from beaches to mountain trails.
With over 667,000 senior homeowners aged 62 and older, many South Carolinians may find a reverse mortgage an ideal solution for accessing their home’s equity to support their retirement.
Reverse Mortgage Options in South Carolina
If you’re a senior homeowner in South Carolina, a reverse mortgage could be a valuable financial tool to help eliminate monthly mortgage payments, access additional healthcare or home improvements, or create a line of credit for future needs—many homes in South Carolina fall within the federal reverse mortgage lending limits. For homes valued above this limit, jumbo reverse mortgage options are available to unlock more home equity.
Let Us Help You with Your Reverse Mortgage Needs
If you want to learn more about how a reverse mortgage could benefit you, All Reverse Mortgage, Inc. (ARLO™) is here to assist you.
Call us today at Toll-Free (800) 565-1722, or visit our online reverse mortgage calculator at reverse.mortgage/calculator to explore your options.
South Carolina Approved Reverse Mortgage Counseling Agencies
| Name | Agency ID | Address | Phone | Web Site |
|---|---|---|---|---|
| ADVANTAGE CREDIT COUNSELING SERVICE | 80080 | 2403 SIDNEY ST STE 250 PITTSBURGH, PA 15203-2194 | (888) 511-2227 | N/A |
| CATHOLIC CHARITIES DIOCESE OF ALLENTOWN | 84574 | 402 CHEW ST ALLENTOWN, PA 18102-3581 | (610) 435-1541 ext 356 | https://www.catholiccharitiesad.org/ |
| MONEY MANAGEMENT INTERNATIONAL - PHILADELPHIA | 90261 | SUITE 550 1 INTERNATIONAL PLZ PHILADELPHIA, PA 19113-1510 | (866) 232-9080 | http://www.moneymanagement.org |
Did you know? South Carolina does not mandate in-person counseling. Visit our counseling page for a list of phone-based counseling agencies, and you can conduct your required counseling from the comfort of your home.
Other Areas of Interest in SC
Additional Resources:
Reversemortgage.org NRMLA Members in SC: https://www.reversemortgage.org/Find-a-Lender/state/SC
HUD.GOV Approved Lenders Search: https://www.hud.gov/program_offices/housing/sfh/lender/lenderlist
