Atlanta Reverse Mortgage Lenders
At All Reverse Mortgage, Inc. (ARLO™), we are proud to be Georgia’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 Florida 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 Atlanta 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 Finance (License/Registration #31567)
Atlanta Reverse Mortgage Facts
| City | Homeowners Age 62+ | Reverse Mortgages Closed Last 12 Months | Purchase Reverse Mortgages Closed Last 12 Months | Lenders in Atlanta (est) | Avg. Home Value |
|---|---|---|---|---|---|
| Atlanta | 61,000 | 61 | 0 | 61 | $399,127 |
HUD Approved Direct Lender
All Reverse Mortgage (ARLO™) is approved by the Department of Housing and Urban Development (HUD) to originate, underwrite, and close the HUD Home Equity Conversion Mortgage (HECM, or “Heck-um”). The HECM is HUD’s reverse mortgage loan.
All Reverse Mortgage (ARLO™) serves the Atlanta community by originating and closing refinance loans for borrowers already owning their homes. Whether you aim to pay off an existing loan to eliminate monthly mortgage payments, utilize your equity for other purposes, or a combination of both, we are here to help.
About All Reverse Mortgage of Atlanta
The owners and management of All Reverse were part of the team that introduced and sold the first fixed-rate jumbo reverse mortgage in 2008. This extensive experience in jumbo or proprietary loan programs ensures that we continue seeking new products for borrowers with high-valued homes, especially in markets where the HUD HECM may not be as effective. However, it’s important to note that jumbo or proprietary programs generally offer lower Principal Limits relative to home values, so these options may not always be the best fit for every borrower.
Only a seasoned originator can provide borrowers with the insights needed to choose the program that best suits their needs, offering a clear understanding of each option’s strengths and weaknesses. In many areas across the country, it’s not uncommon to find both a solid HUD HECM market and a niche jumbo market nearby, making it crucial to evaluate all available options.
Homeowners aged 62 and above across all markets increasingly view reverse mortgages as a viable financial tool for enhancing their retirement plans rather than just a mortgage of last resort. From eliminating existing mortgage payments to creating a growing line of credit, reverse mortgage borrowers recognize the benefits of using their home equity to live comfortably in their family home and plan for the future.
Atlanta, Georgia Reverse Mortgage Lending Limits
As the largest city in Georgia, Atlanta is home to approximately 456,378 residents, with senior homeowners aged 62 and older making up about 13.5% of the population. Atlanta offers a vibrant blend of history, culture, and modern amenities, making it a popular place for seniors looking to settle down.
A City Rich in History and Opportunity
Atlanta’s history dates back to 1837, when it was a major railroad hub before the Civil War. Over the years, it has evolved into a global city with significant cultural and economic influence. Notably, Atlanta boasts Hartsfield-Jackson Atlanta International Airport, the world’s busiest airport, and was the proud host of the 1996 Summer Olympics.
Activities and Lifestyle
Atlanta offers a wide range of activities for residents and visitors alike, from performances by the Atlanta Symphony Orchestra to underground concerts and music festivals. Sports fans can enjoy cheering for the Falcons (NFL), Braves (MLB), Hawks (NBA), and Georgia Bulldogs football.
Thriving Economy
As a major economic hub, Atlanta is home to numerous global corporations, including Coca-Cola, Home Depot, Delta Airlines, and Chick-fil-A, contributing to a strong and diverse economy.
Housing Market and Reverse Mortgage Options
As of January 2024, the median home value in Atlanta is $399,127, which reflects an 11% increase over the past year. Many Atlanta homes are below the federal reverse mortgage lending limit of $1,149,825, making them eligible for HECM reverse mortgages. However, jumbo reverse mortgage programs are available for homes valued above this limit to help homeowners access more of their home’s equity.
Consider a Reverse Mortgage for Your Retirement
If you’re a senior homeowner in Atlanta or plan to move there, a reverse mortgage could effectively eliminate monthly mortgage payments and access your home’s equity for retirement. All Reverse Mortgage of Atlanta (ARLO™) is here to guide you through the process.
Visit our online calculator or call us Toll-Free at (800) 565-1722 to learn more about your reverse mortgage options.
