Close Menu


Includes eligibility, real-time rates + built-in advice that helps you select the best program!


Reverse Mortgage Calculator
(may take up to 15 seconds)

In your current area 100 homeowners are currently utilizing reverse mortgages to better enhance their retirement years, with 500,000 nationwide!

The amount you receive is based on your home’s value, your age, and current interest rates. Let’s start with your address so I can estimate your home value…
‹ Back

Great! It looks like your home value estimate is about

If you feel this estimate is not correct you can manually change it below. If you have an existing mortgage balance, I'll need to know the amount we are going to pay off to get rid of that mortgage payment!

Please provide your estimated home value

If you presently have an existing mortgage balance, I'll need to know the amount we are going to pay off to get rid of that mortgage payment!
(Our calculations use estimated property values provided by An independent HUD-approved appraiser must complete an appraisal to finalize your loan)
‹ Back

The minimum qualifying age for a reverse mortgage is 55

Don’t forget to include your spouse’s age, even if they are not yet 55, as loan proceeds are always based on the age of the youngest spouse.
Your Age
Spouse Age
‹ Back

Great News! Your ARLO analysis is ready

Your personalized results include the best of 2023's reverse mortgages
  • Side-by-side loan comparisons
  • Real-time interest rates
  • ARLO™ advice to help you select the right program
BBB A+ logo 2021 BBB Torch Award Finalist
We maintain an A+ exemplary rating by the Better Business Bureau with a perfect 5-Star customer review.
(Needed to validate request)
‹ Back
Your FREE Report Includes:
  • Real Time Analysis  (Next Step)
  • Analysis Via Email
Example ARLO Quote
From America's #1 Rated Reverse Mortgage Lender

Top 10 Reverse Mortgage Counseling Agencies (Free & Online Availability)

The U.S. Department of Housing and Urban Development (HUD) mandates that homeowners exploring a Home Equity Conversion Mortgage (HECM) must receive essential counseling.  This counseling, provided by a HUD-approved HECM agency, covers the details and alternatives of reverse mortgages. To assist you, we are required to offer a list of approved reverse mortgage counseling agencies.  This list includes five nationwide companies as specified by HUD for HECM, alongside local agencies near you.  The number of nearby agencies varies; some borrowers may have several options, while others might need to travel... Read Full Article

2024 HECM Reverse Mortgage Limits Surge to $1,149,825

    no comments
As the calendar turns to 2024, the Federal Housing Administration (FHA) has made a pivotal announcement that is set to impact the landscape of Home Equity Conversion Mortgages (HECM).  The maximum claim amount for HECMs in 2024 has been increased from $1,089,300 to $1,149,825, effective for case numbers assigned from January 1, 2024, onwards. Our guide breaks down the FHA's decision in an easy-to-understand format.  We've included handy tables comparing the reverse mortgage loan limits of 2023 and 2024, showing you exactly how much more you might be... Read Full Article

Reverse Mortgage Life Expectancy Set Aside (LESA) Explained

A key development in the overhaul of HECM guidelines was the introduction of the LESA.  This requirement is a response to past challenges where borrowers, after receiving a lump-sum equity payment, struggled to meet essential obligations such as homeowners insurance, property taxes, and home maintenance to FHA standards, leading to defaults. The LESA is designed to ensure that property charges are managed effectively, safeguarding borrowers from the risk of default. The Security of a LESA with a Reverse Mortgage The Life Expectancy Set Aside (LESA) is revolutionizing how... Read Full Article

Is a Reverse Mortgage Right for You? 3 Key Considerations

Like many of our readers who are navigating retirement, you might wonder if a reverse mortgage is right for you.  You've likely seen your equity grow substantially, possibly even owning your home outright - a common scenario for many baby boomers. Your home, often your largest asset, may lead you to consider the option of a reverse mortgage.  At All Reverse Mortgage, we understand the importance of this decision.  This article integrates our insights with 3 important questions, helping you evaluate whether a reverse mortgage fits your financial future. We'll... Read Full Article

5 Ways To Lose Your Home With a Reverse Mortgage

With a Federal Housing Administration-insured Home Equity Conversion Mortgage (HECM), the borrower retains ownership of the property while continuing to live there throughout the loan.  They are not required to make monthly mortgage payments during that time. Reverse mortgages are often misunderstood, and a common misperception is the idea that in a reverse mortgage, "the bank takes the home." On the contrary, if the borrower meets the loan terms, that borrower maintains ownership of the home throughout the entire course of the loan. The loan balance grows over time, and... Read Full Article

Reverse Mortgage Amortization Schedule Explained

Once you have decided that a reverse mortgage is right for you, looking at the amortization schedule is essential.  A reverse mortgage amortization schedule is a document that will provide the best estimate of how the loan will hypothetically perform over time. The amortization schedule must use the rates and draw amounts available when you run the schedule to look forward to illustrating how the loan balance and the line of credit will fluctuate.  Therefore, a fixed-rate loan with a one-time draw would have an accurate amortization schedule because the rate... Read Full Article

Reverse Mortgage Principal Limit Explained

I am 87 and received a HECM Loan.  The maximum claim is $250,000.  Due to age and other factors, the credit limit was due to reach the maximum claim.  Withdrawals were denied when the balance was around $225,000, and no withdrawals have been allowed since the servicer has been getting compound interest each month.  HUD has been accessing fees and premiums.  Maybe I'm delusional, but something doesn't add up here.  Am I wrong? Understanding the Maximum Claim Amount The Maximum Claim is used to determine your reverse mortgage benefits... Read Full Article

Here’s the Truth About Reverse Mortgages (No BS)

I have read so much reverse mortgage info.  It sounds like it is not really to help you but for the bank to help themselves.  It is designed to make you think they are helping you, but the truth is you are giving away your home.  You are selling it to them for a very low price.  If you get the reverse loan and die a year later, you have lost your home; you just gave it away, and your family can't do anything about it and cannot have it... Read Full Article

Return of Non-FHA Reverse Mortgages are Here!

If you're in the market for a loan that can convert your home equity into cash flow or a line of credit in retirement, chances are you have explored the option of a reverse mortgage. But the reverse mortgage is not one-size-fits-all.  Many people don't know that there are several products to choose from, both under the Federal Housing Administration's popular Home Equity Conversion Mortgage (HECM) and private loan options. For the last several years, the number of reverse mortgage products on the market has been limited to the government-insured HECM and... Read Full Article

Exploring 3 Types of Reverse Mortgages in 2024

While most reverse mortgages are Home Equity Conversion Mortgages, or "HECM" loans, there are several reverse mortgage loan types to consider if you are in the market to tap into your home equity. In this article, you will learn: What differentiates the 3 different types of reverse mortgages Key elements that each type offers Resources and where to learn more In addition to HECM loans, there are proprietary or "jumbo" reverse mortgages and single-use reverse mortgages.  Proprietary loans have recently gained popularity, particularly in areas with high home values. On... Read Full Article
Reverse Mortgage Blog
User rating
(97 votes, average: 4.73 out of 5)
How Do You Rate This Page?
  Sending Your Rating...