Experience Excellence with Virginia’s Top Reverse Mortgage Lender
At All Reverse Mortgage, Inc. (ARLO™), we’re proud to be Virginia’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 goal has remained simple: to offer Virginia homeowners the best terms with unbeatable customer service. As a HUD-approved lender, we offer HECM & Jumbo Reverse Mortgages tailored to 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!
Virginia Reverse Mortgage Facts
| Top 10 Reverse Mortgage Cities in Virginia |
|---|
| 1 Virginia Beach |
| 2 Alexandria |
| 3 Leesburg |
| 4 Fredericksburg |
| 5 Norfolk |
| 6 Reston |
| 7 Sterling |
| 8 Mechanicsville |
| 9 Suffolk |
| 10 Chesapeake |
| Data by MCA (January 2024) |
| State | Homeowners Age 62+ | Reverse Mortgages Closed Last 12 Months | Purchase Reverse Mortgages Closed Last 12 Months | Lenders in Virginia | Avg. Home Value |
|---|---|---|---|---|---|
| Virginia | 518,015 | 557 | 63 | 89 | $415,600 |
Top Reverse Mortgage Lenders in Virginia
| Lender | Rating | Years in Business | Stars (0-5) | Good Review % | Complaints | BBB Review |
|---|---|---|---|---|---|---|
| All Reverse Mortgage, Inc. (ARLO) | A+ | 20 | 4.99/5 | 99.8% | 0 | Source |
| Advisors Mortgage Group | A+ | 25 | 2.00/5 | 40.0% | 5 | Source |
| American Advisors Group (AAG) | A | 19 | 4.69/5 | 93.8% | 56 | 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 | 4.41/5 | 88.2% | 37 | Source |
| Finance of America Reverse LLC (FAR) | A+ | 21 | 1.00/5 | 20.0% | 22 | 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% | 39 | 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 | 3.94/5 | 78.8% | 18 | Source |
| Mid America Mortgage Inc. | A+ | 65 | 3.00/5 | 60.0% | 0 | Source |
| Moneyhouse | NR | 27 | NA | NA | 0 | Source |
| Movement Mortgage, LLC | A+ | 17 | 4.80/5 | 95.6% | 109 | Source |
| Mutual of Omaha Mortgage | A+ | 11 | 4.61/5 | 92.2% | 45 | Source |
| Open Mortgage LLC | A+ | 21 | 2.60/5 | 52.0% | 1 | Source |
| Plaza Home Mortgage Inc | A+ | 23 | 2.38/5 | 47.6% | 17 | Source |
| Smartfi Home Loans | A+ | 5 | NA | NA | 0 | Source |
| South River Mortgage, LLC | A+ | 5 | 2.62/5 | 52.4% | 15 | Source |
Trusted HUD-Approved Direct Lender in Virginia
All Reverse Mortgage, Inc. (ARLO™) is fully approved by the Department of Housing and Urban Development (HUD) to originate, underwrite, and close Home Equity Conversion Mortgages (HECMs), commonly known as reverse mortgages. This ensures that you’re working with a reliable and experienced lender who can help you make the most of your home’s equity.
About All Reverse Mortgage of Virginia
Our team has been at the forefront of the reverse mortgage industry, including being part of the group that introduced the first fixed-rate jumbo reverse mortgage in 2008. With extensive experience in both HECM and proprietary loan programs, we’re equipped to offer personalized solutions for homeowners with high-value properties.
Choosing the right reverse mortgage program can be complex, but our seasoned professionals are here to help. We’ll clearly explain the benefits and considerations of each option, ensuring you can make an informed decision that best suits your needs.
Reverse mortgages have become a valuable financial tool for many homeowners aged 62 and above. They offer a way to eliminate monthly mortgage payments or establish a growing line of credit. This program allows you to live comfortably in your family home while planning for a secure future.
Virginia Reverse Mortgage Lending Limits
Virginia, known as “The Old Dominion State,” has a rich history and a population of over 8.5 million people. More than 518,000 of these residents are homeowners aged 62 and older, making them eligible for a reverse mortgage.
As of 2024, the average home value in Virginia is $415,600, well within the HECM reverse mortgage lending limit of $1,149,825. This makes reverse mortgages a viable option for many Virginians looking to access their home’s equity.
Virginia’s history is deeply intertwined with the founding of the United States. It was the birthplace of eight U.S. presidents, earning the nickname “Mother of Presidents.” Virginia has long been a key player in the nation’s history from its early colonial days to its pivotal role in the American Revolution.
Today, Virginia is a state of contrasts, blending historic landmarks with modern industries. The state is home to a significant number of veterans, a thriving technology sector, and popular tourist destinations like Colonial Williamsburg, Arlington, and Virginia Beach.
If you’re a homeowner aged 62 or older in Virginia, a reverse mortgage could be a valuable financial tool for your retirement. Whether you’re looking to eliminate monthly mortgage payments or access additional funds from your home’s equity, All Reverse Mortgage, Inc. (ARLO™) is here to help. We’re ready to answer your questions and guide you through the process.
Virginia Approved Reverse Mortgage Counseling Agencies
| Name | Agency ID | Address | Phone | Web Site |
|---|---|---|---|---|
| CHILD & FAMILY SERVICES OF EASTERN VIRGINIA, INC. D/B/A THE UP CENTER | 81146 | 222 W 19TH ST NORFOLK, VA 23517-2218 | (757) 622-7017 | https://theupcenter.org/ |
| FIRST HOME ALLIANCE | 84016 | 3138 GOLANSKY BLVD STE 202 WOODBRIDGE, VA 22192-4260 | (703) 580-8838 | http://www.FirstHomeAlliance.org |
| HOUSING OPPORTUNITIES MADE EQUAL OF VIRGINIA, INCORPORATED | 80354 | 626 E BROAD ST STE 400 RICHMOND, VA 23219-1890 | (804) 354-0641 | http://HomeofVa.org |
| MONEY MANAGEMENT INTERNATIONAL - ALEXANDRIA VA | 80536 | SUITE 600 5680 KING CENTRE DR ALEXANDRIA, VA 22315-5757 | (866) 232-9080 | http://www.moneymanagement.org |
Did you know? Virginia does not mandate in-person counseling. Visit our counseling page for a list of phone-based counseling agencies and conduct your required counseling from the comfort of your home.
Other Areas of Interest in Virginia
Ashburn Chesapeake Hampton Suffolk Virginia Beach Woodbridge
Additional Resources:
Reversemortgage.org NRMLA Members in VA
HUD.GOV Approved Lenders Search
