Beaverton Reverse Mortgage Lenders
At All Reverse Mortgage, Inc. (ARLO™), we’re proud to be Oregon’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 unwavering commitment to providing you with the best terms and exceptional customer care.
Since 2004, our mission has been simple: to help Oregon homeowners make the most of their home’s equity with peace of mind. As a HUD-approved lender, we offer a comprehensive range of HECM and jumbo reverse mortgages tailored to meet your specific needs.
With our competitive rates and lower costs, you can retain 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!
All Reverse Mortgage is licensed by the Division of Finance and Corporate Securities (DFCF) (License/Registration #ML-5006)
Beaverton Reverse Mortgage Facts
City | Homeowners Age 62+ | Reverse Mortgages Closed Last 12 Months | Purchase Reverse Mortgages Closed Last 12 Months | Lenders in Beaverton (est) | Avg. Home Value |
---|---|---|---|---|---|
Beaverton | 3,763 | 6 | 0 | 4 | $389,500 |
HUD Approved Direct Lender
All Reverse Mortgage, Inc. (ARLO™) is approved by the Department of Housing and Urban Development (HUD) to originate, underwrite, and close HUD’s Home Equity Conversion Mortgage (HECM), commonly referred to as a reverse mortgage.
In Albany, All Reverse Mortgage, Inc. (ARLO™) assists homeowners with refinancing, whether they want to pay off an existing loan and eliminate monthly mortgage payments, access their home equity for other purposes, or pursue a combination of both.
About All Reverse Mortgage, Inc.
At All Reverse Mortgage, Inc. (ARLO™), we’re proud to be licensed by the state of Oregon, bringing decades of expertise and local knowledge to homeowners across the state. Our owners and management were part of the team that introduced and sold the first fixed-rate jumbo reverse mortgage in 2008. With extensive experience in jumbo and proprietary loan programs, we continually seek new products to better serve Oregon homeowners, especially those with high-value homes in markets where the HUD HECM may not fully meet their needs.
As a licensed Oregon lender, we understand the unique aspects of the local housing market. We’re dedicated to helping you navigate the complexities of reverse mortgage options, from the HUD HECM to niche jumbo programs. Our seasoned originators are well-equipped to guide you through the process, ensuring you understand the pros and cons of each option so you can make an informed decision.
For homeowners aged 62 and above, a reverse mortgage can be a powerful financial tool—not just a last resort. Whether it’s eliminating existing mortgage payments or establishing a growing line of credit, we’re here to help you use your home’s equity to live comfortably and plan for the future in your family home.
Beaverton Lending Limits
Beaverton, Oregon, is a dynamic city located just west of downtown Portland. It has a rich history and a vibrant economy. As of 2024, 10% of Beaverton’s population comprises seniors aged 65 and older, and 61% of these seniors (roughly 3,700 households) are homeowners. Many of these homeowners may benefit from a reverse mortgage, a financial tool that allows them to unlock the equity in their homes without the need for monthly mortgage payments.
Beaverton is known for its economic vitality, being home to major employers like Nike and a range of tech companies as part of the “Silicon Forest.” The city’s high quality of life and numerous recreational opportunities, such as the Tualatin Hills National Park and Cooper Mountain Nature Park, make it an attractive location for retirees.
As of January 2024, the median home price in Beaverton is $389,500, which is slightly higher than the state average. Over the past year, home prices in Beaverton have risen by 2.3%, with a projected 0.7% increase in the coming year. The federal reverse mortgage lending limit is $1,209,750, meaning most homes in Beaverton fall within this range. For homeowners with higher-valued properties, jumbo reverse mortgages are also available, providing access to even more home equity.
Why Consider a Reverse Mortgage?
A reverse mortgage can offer Beaverton homeowners a variety of financial benefits, including:
- Eliminating monthly mortgage payments
- Providing supplemental income for retirement
- Offering a growing line of credit
If you’re a homeowner in Beaverton aged 62 or older, All Reverse Mortgage, Inc. (ARLO™) can help you explore your options. Access our reverse mortgage calculator to estimate your lending limit, or call Toll-Free (800) 565-1722 for personalized advice.
Unlock the potential of your home’s equity today and enjoy a comfortable retirement in Beaverton!