Bellevue Reverse Mortgage Lenders
At All Reverse Mortgage, Inc. (ARLO™), we are proud to be Washington’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 Bellevue 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 Washington State.
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 Financial Institutions (#CL-13999)
Bellevue Reverse Mortgage Facts
| City | Homeowners Age 62+ | Reverse Mortgages Closed Last 12 Months | Purchase Reverse Mortgages Closed Last 12 Months | Lenders in Bellevue (est) | Avg. Home Value |
|---|---|---|---|---|---|
| Bellevue | 12,474 | 47 | 6 | 40 | $783,000 |
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, or “Heck-um”). The HECM is HUD’s reverse mortgage loan program.
All Reverse Mortgage of Bellevue originates and closes refinance loans for homeowners who are looking to either pay off their existing loan and eliminate monthly mortgage payments, use their equity for other purposes if they have no existing loan, or a combination of both.
About All Reverse Mortgage of Bellevue
The All Reverse Mortgage, Inc. team has extensive experience, including being part of the group that introduced the first fixed-rate jumbo reverse mortgage in 2008. With this background, we are constantly exploring new products for homeowners in high-value markets where the HUD HECM may not be the best fit. Although jumbo or proprietary programs often offer lower Principal Limits relative to property values, they can be the right solution for certain borrowers.
An experienced originator can help you weigh the pros and cons of each program and make an informed decision. There may be a mix of HUD HECM and niche jumbo opportunities in various markets, allowing homeowners aged 62 and above to leverage reverse mortgages as a versatile financial tool. This can be particularly valuable for those seeking to eliminate mortgage payments or establish a growing line of credit, enhancing their retirement plans.
Bellevue Lending Limits
Bellevue, Washington, is a thriving city across Lake Washington from Seattle. It spans over 36 square miles and has an estimated population of 151,854 as of the latest census data. Known for its strong economy, excellent schools, and natural beauty, Bellevue has become a highly sought-after place to live.
As of January 2024, the median home value in Bellevue is $1,260,217, which exceeds the federal reverse mortgage lending limit of $1,149,825. For homeowners with properties valued above this limit, jumbo reverse mortgage programs can offer a more suitable way to access your home’s equity.
Bellevue is known for its breathtaking views of the Cascade and Olympic Mountains and its proximity to Lake Washington and Lake Sammamish. The city offers a variety of cultural attractions, including the Bellevue Arts Museum and the Bellevue Botanic Garden. Residents can also enjoy many outdoor activities, with over 2,500 acres of parks and green spaces spread throughout the city.
If you’re a homeowner in Bellevue interested in using a reverse mortgage to support your retirement, consider exploring your options, including jumbo reverse mortgages for higher-valued homes.
If you reside in Bellevue, All Reverse Mortgage, Inc. (ARLO™) is here to assist you. Access our reverse mortgage calculator to estimate your lending limit, or call us at (800) 565-1722. We’re ready to guide you through making informed decisions for your financial future.
