Experience Excellence with Arizona’s Top Reverse Mortgage Lender

For over 20 years, All Reverse Mortgage, Inc. (ARLO™) has helped Arizona homeowners access their home equity through HUD-approved HECM and jumbo reverse mortgages. As Arizona’s #1 Rated Reverse Mortgage Lender, we hold an A+ BBB rating with perfect 5-star reviews and zero complaints — a record that earned us recognition as a BBB Torch Award for Ethics Finalist three years running.

As a HUD-approved direct lender and proud member of the National Reverse Mortgage Lenders Association (NRMLA), we specialize exclusively in reverse mortgages — it’s all we’ve done since 2004. Arizona’s popularity as a retirement destination means homeowners across the state — from active-adult communities in Sun City and Mesa to golf course properties in Scottsdale and high-value homes in Paradise Valley and Sedona — are increasingly using reverse mortgages as a strategic retirement planning tool. For properties that exceed the $1,249,125 HECM lending limit, our team introduced the first fixed-rate jumbo reverse mortgage in 2008, and our experienced originators can clearly explain the pros and cons of each program so you can choose the one that best fits your goals.

Whether you’re looking to eliminate monthly mortgage payments, create a financial safety net with a growing line of credit, or access equity for retirement planning, we’re here to help you choose the right program with competitive rates and lower costs. Let us show you the difference two decades of dedicated experience can make.

Arizona reverse mortgage statistics showing 1.4 million homeowners age 62 and older, 1,305 reverse mortgages closed in the last 12 months, 51 active lenders, and an average Arizona home value of $448,500.

Arizona Reverse Mortgage Facts (2026 Update)

StateHomeowners Age 62+Reverse Mortgages Closed Last 12 MonthsLenders in ArizonaAvg. Home Value
Arizona1.4 Million1,30551$448,500

Top Reverse Mortgage Cities in Arizona

City Homeowners Age 62+ Reverse Mortgages Closed Last 12 Mo. Active Lenders Avg. Home Value
Buckeye 7,842 17 6 $393,805
Chandler 18,214 29 8 $517,058
Gilbert 19,887 33 8 $565,937
Glendale 24,661 42 9 $399,596
Goodyear 8,973 15 6 $464,593
Lake Havasu City 15,442 18 7 $455,741
Mesa 61,774 74 11 $417,558
Oro Valley 9,116 8 4 $525,306
Peoria 21,308 35 9 $459,872
Phoenix 168,442 189 14 $429,662
San Tan Valley 6,314 12 5 $432,118
Sedona 5,287 4 3 $793,200
Scottsdale 38,118 41 10 $793,200
Sun City 31,884 9 5 $347,115
Sun Lakes 9,442 6 4 $478,221
Surprise 15,229 19 7 $409,884
Tucson 72,418 60 10 $327,904

How this data was derived: Reverse mortgage counts reflect FHA-insured HECM loans endorsed over a rolling 12-month period (Dec 2024–Nov 2025) using HUD HECM Snapshot data. Active lenders represent unique FHA sponsor numbers with at least one endorsed loan during this period. Estimated homeowners age 62+ are based on U.S. Census ACS 5-year owner-occupied households age 65+ as a conservative proxy. Home values are sourced from Zillow’s Home Value Index (latest available).

Top 20 Reverse Mortgage Lenders in Arizona

LenderBBB RatingAccreditedYears in BusinessCustomer Rating (0–5)% Positive ReviewsComplaintsSource
All Reverse Mortgage, Inc. (ARLO)A+YES214.94/599.0%0Source
American Pacific MortgageFNO281.75/535.0%6Source
CrossCountry Mortgage, LLC.FYES221.43/529.0%303Source
Fairway Independent MortgageA+YES294.51/590.0%26Source
Finance of America Reverse LLC (FAR)A+YES223.71/574.0%36Source
Goodlife Home LoansA+YES13N/A (Not enough reviews)N/A (Not enough reviews)1Source
Guaranteed RateA+YES262.25/5450%45Source
Guild Mortgage Company LLCA+NO651.55/531.0%73Source
HighTechLending IncA+YES194.94/599.0%1Source
Liberty Home Equity Solutions Inc.A+NO221.00/520.0%1Source
Longbridge Financial LLCA+YES133.77/575.0%34Source
Luminate BankNRNO84NANANASource
MCM HoldingsA+YES27NANANASource
The Money HouseNRNO28NANA0Source
Movement Mortgage, LLCA+NO184.43/589.0%92Source
Mutual of Omaha MortgageA+YES123.31/566.0%65Source
New American FundingA+YES264.65/593.0%147Source
Plaza Home Mortgage IncA+YES242.67/553.0%6Source
Smartfi Home LoansA+YES6N/A (Not enough reviews)N/A (Not enough reviews)0Source
South River Mortgage, LLCA+NO63.79/576.0%14Source
Source: Data compiled from https://www.rminsight.net/hecm-lenders-september-2025/ RMInsight (Top 20 HECM Lenders, October 1, 2025 and Better Business Bureau reviews updated as of December 10, 2025)

Arizona Reverse Mortgage Lending Limits

Arizona is home to over 7.6 million people, and nearly 1.4 million residents may be eligible for a reverse mortgage, offering a valuable financial option for many.

As of January 2026, Arizona’s average home value is $448,500 — well below the HECM reverse mortgage lending limit of $1,249,125. This makes Arizona an attractive place for homeowners considering a reverse mortgage.

Arizona is the sixth-largest state in the U.S. by area and ranks 14th in population, with Phoenix as its capital. As one of the “Four Corners” states, Arizona shares borders with New Mexico, Utah, Nevada, California, and Mexico and has a rich history dating back to its early Spanish settlers in the 1500s.

Over the centuries, Arizona has evolved from its days of gold and silver rushes to become a major copper mining hub, now producing half of the nation’s newly mined copper. The state’s unique climate and geography have made it a popular retirement destination, offering both hot desert climates and cooler, forested areas.

Today, one-quarter of Arizona’s land is made up of Indian reservations, home to 27 federally recognized Native American tribes, including the Navajo Nation, the largest Native American tribe in the country.

Whether you’re drawn to the sunny deserts of Southern Arizona or the cooler forests of the north, if you’re a homeowner aged 62 or older, a reverse mortgage could be a smart financial tool to enhance your retirement. At All Reverse Mortgage, Inc. (ARLO™), we’re here to answer your questions and help you explore your options.


Arizona Reverse Mortgage FAQs

Q.

I’m a snowbird who spends summers in another state. Can I still get a reverse mortgage on my Arizona home?

Short answer is maybe depending on your definition of snowbird and how often you spend time out of state and for how long. For example, if you spend the summer months outside of Arizona (approximately 3 months) and the rest of the time outside of the 3 summer months are spent at your home in Arizona that would be acceptable because your Arizona home would be your true primary residence. When you have a reverse mortgage loan, the property must be your primary residence where you spend the majority of time at. Additionally, you cannot have an extended absence of more than 12 consecutive months for any reason and any consecutive absence of 60 days or more needs to be communicated with your loan servicer along with your plan you have in place to ensure that the home will be cared for during your temporary absence.
Q.

Can a reverse mortgage help me afford rising air conditioning costs during Arizona summers?

Yes. Reverse mortgage proceeds can be used for any lawful purpose and that includes paying for utility costs as well as taxes, insurance or Homeowners Association dues. Even those borrowers who do not receive any significant additional proceeds after paying off their existing mortgage(s) still receive the benefit of no longer having a mandatory monthly mortgage payment which will free up more funds to cover other costs such as utilities and taxes, etc.
Q.

I live in Sun City/Sun Lakes/another age-restricted community with HOA fees. Can I use reverse mortgage funds to pay these?

Yes. Homeowners Association dues are your responsibility as a homeowner and you can absolutely use reverse mortgage proceeds to pay these dues.
Q.

I own a manufactured home in a retirement park. Does it qualify?

Maybe. For a manufactured home to be eligible it must meet all of the HUD requirements for a manufactured home. One of those requirements is that the home must have been manufactured in accordance with the HUD program parameters that began June 15, 1976 and it must be on an acceptable permanent foundation on a parcel of land that you own. If your home is in a community where you own the land but pay an association fee that may be acceptable as long as it is not a Condominium ownership. If the home is in a community where you rent the space or pay for leased land it would not be eligible. There are a multitude of other requirements on manufactured homes and it is imperative that you consult with your preferred lender about the eligibility of your home before you incur any costs to begin the process of applying for a reverse mortgage loan such as counseling.
Q.

Can I get a reverse mortgage on property located on tribal land or a reservation?

Unfortunately no. Homes located on Native American Reservations are not eligible for a reverse mortgage loan.
Q.

How does Arizona’s community property law affect my reverse mortgage if I’m married?

Arizona is in fact a community property state. If you are married and considering a reverse mortgage loan, it is best if you and your spouse are both borrowers on the loan if at all possible. On the Home Equity Conversion Mortgage (HECM) loan program insured through FHA, there are protections for spouses including spouses who are not borrowers on the reverse mortgage loan. If a married couple apply for a HECM loan together as co-borrowers, then the spouse can stay in the home if their spouse were to pass away, because the loan remains in good standing so long as one of the borrowers remains in the home and maintains the taxes, insurance, etc. Additionally, if one of the spouses on a HECM loan was an “eligible” non-borrowing spouse at the time of application and remains “eligible” throughout the life of the loan, they can opt for a deferral period to allow them to remain in the property for their rest of their life as long as they occupy the home as their primary residence and maintain the taxes, insurance, etc. as would be required of a borrower. To be “eligible” at time of application they must be legally married and occupying the property as their primary residence. To remain “eligible” they would have to be legally married still and living in the home as their primary residence at the time the borrower passed away. Eligible Non-Borrowing Spouses are not permitted to access any funds available in the Line of Credit or to receive any scheduled monthly loan payments if a payment plan was in place. Only borrowers are able to access available funds from the loan. For HECM loans, there are instances where the spouse cannot stay in the home if the borrower passes away unless they pay the loan off in full. If they were deemed “ineligible” at time of application or became “ineligible” during the life of the loan, they would not be eligible to opt for the deferral after the passing of the borrower and the loan would be due and payable. An ineligible spouse would be one that does not occupy the property at time of loan application. Additionally, any spouse who marries a reverse mortgage borrower after they obtained their loan would also be ineligible whether they occupied the property or not because they were not factored into the loan parameters and calculations at the time of making the loan. A spouse can become ineligible over time even if they were eligible at time of application and those would be spouses who divorced or moved out of the home at any point after the reverse mortgage loan was obtained. As of February 2026, non-FHA reverse mortgages often referred to as Proprietary or Jumbo reverse mortgages do not have any spousal protections in place. If your spouse is not a borrower on that loan, they cannot stay in the home after you die unless they pay off the reverse mortgage loan through their own means such as cash on hand, a new loan, life insurance proceeds, etc.
Q.

Can I use reverse mortgage funds to install solar panels or a pool to increase my home’s value?

Yes you can. Reverse mortgage proceeds can be used for any lawful purpose of your choosing and many homeowners use the funds to improve their homes to make them more valuable, more cost effective or more functional.
Q.

What happens to my reverse mortgage during monsoon season if my home is damaged?

If your home is damaged by a monsoon or other type of natural disaster the first thing you want to do is file a claim with your insurance company as soon as humanly possible to get that started. Next you will need to notify your lender or servicer of the damage by certified mail and keep a copy of the letter. You will also want to take pictures or videos of the damage to help with your claim before any repairs are completed. While your home is being repaired it is important that you continue to pay your property charges (Taxes, Insurance & HOA if any). If the home is temporarily uninhabitable you will need to send written notice to your lender or servicer that you plan to return when your home is repaired and again send this communication via certified mail. Additionally, you will want to stay in contact with your servicer and keep them updated on the progress and make sure they have your temporary forwarding address during the time of repair if you are forced to reside somewhere else during these repairs.
Q.

How do property taxes factor in? I heard Arizona has relatively low property taxes for seniors.

Whether you have low property taxes or high property taxes they are your responsibility as the homeowner. When you have a reverse mortgage loan, you must pay your property taxes on time when they are due in order to keep your loan in good standing. Your reverse mortgage loan can be called due and payable if you fail to keep your taxes paid current.

HUD-Approved Reverse Mortgage Counseling Agencies in Arizona

NameAgency IDAddressPhoneWeb Site
ADMINISTRATION OF RESOURCES AND CHOICES (ARC)818091625 N Alvernon Way Ste 101, Tucson, Arizona, 85712-3370(602) 374-2226arc-az.org
ADMINISTRATION OF RESOURCES AND CHOICES (ARC)810525800 W Glenn Dr Ste 275, Glendale, Arizona, 85301-2499(520) 623-9383arc-az.org
CREDIT.ORG - GOODYEAR, AZ BRANCH9058915150 W Park Pl, Goodyear, Arizona, 85395-2385(480) 542-1865credit.org
The information presented in this table was obtained from the U.S. Department of Housing and Urban Development (HUD) at https://answers.hud.gov/housingcounseling as of January 23rd, 2026.

Did you know? Arizona 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.

Ready to Unlock Your Home’s Equity?

As Arizona’s #1 Rated Reverse Mortgage Lender, All Reverse Mortgage, Inc. (ARLO™) is here to provide trusted guidance, real-time rates, and expert support to help you make informed decisions.

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All Reverse Mortgage, Inc. is fully licensed by the Arizona Department of Insurance and Financial Institutions (License #0934287), ensuring that you receive expert guidance every step of the way.

Get Your Reverse Mortgage Quote from Arizona’s #1 Rated Reverse Mortgage Lender or call (800) 565-1722 to speak with a licensed expert.

Other Areas of Interest in Arizona

Buckeye Chandler Gilbert Glendale Goodyear Lake Havasu City Mesa Oro Valley Peoria Phoenix San Tan Valley Sedona Scottsdale Sun City Sun Lakes Surprise Tucson

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