Calabash Reverse Mortgage Lenders
All Reverse Mortgage, Inc. (ARLO™) is proud to be North Carolina’s #1 Rated Reverse Mortgage Lender by the BBB, with a Perfect 5.0 Star Rating and an A+ Exemplary Rating. We currently lend in 16 states and are headquartered in Southern California.
All Reverse Mortgage was incorporated in CA in November 2004. As the name implies, the only loan product that All Reverse Mortgage, Inc. (ARLO™) originates is the reverse mortgage.
We’re committed to being your lender because you deserve the best rate at the lowest price possible.
We’re a HUD-approved direct lender offering the national HECM programs and offering a variety of non-FHA and jumbo reverse mortgages to better suit homeowners in SoCal with higher-value homes over the national 2024 lending limit of $1,209,750.
We welcome you to compare our reviews, lower rates, and closing costs to any other major lender! The difference is clear, and we can’t wait to show you!
Calabash Reverse Mortgage Facts
| City | Homeowners Age 62+ | Reverse Mortgages Closed Last 12 Months | Purchase Reverse Mortgages Closed Last 12 Months | Lenders in Calabash (est) | Avg. Home Value |
|---|---|---|---|---|---|
| Calabash | 2,592 | 13 | 2 | 8 | $253,126 |
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 the HUD Home Equity Conversion Mortgage (HECM, or “Heck-um”). The HECM is HUD’s acronym for its reverse mortgage loan.
All Reverse Mortgage, Inc. (ARLO™) originates in Calabash and closes both refinance loans, where borrowers already own their home and are looking to either pay off their existing loan and have no more monthly mortgage payment, utilize their equity for other purposes if they have no existing loan, or possibly a combination of both.
About All Reverse Mortgage, Inc.
Our team has been at the forefront of the reverse mortgage industry, including being part of the group that introduced the first fixed-rate jumbo reverse mortgage in 2008. This extensive experience allows us to offer personalized solutions for homeowners with high-value properties, especially in markets where a traditional HECM may not be the best fit.
Choosing the right reverse mortgage program can be complex, but our seasoned professionals are here to help. We’ll explain the benefits and considerations of each option, ensuring you can make an informed choice that suits your needs.
At All Reverse Mortgage, Inc. (ARLO™), we’re here to answer your questions and provide the support you need to make the best decision for your financial well-being.
Calabash Reverse Mortgage Lending Limits
Calabash, North Carolina, is a quaint town near the state’s southern coast in Brunswick County. With a population of about 1,800 people as of 2024, Calabash is known for its serene coastal lifestyle and thriving seafood industry. It also has a notably high percentage of senior homeowners, with 33% of the population aged 62 and older, making reverse mortgages a potentially beneficial option for many in the community.
2024 Housing Market Overview
As of January 2024, the median home value in Calabash is $261,800, showing a steady increase from the previous year. With this value comfortably within the federal reverse mortgage lending limit of $1,209,750, many Calabash homeowners aged 62 or older can consider a Home Equity Conversion Mortgage (HECM) to tap into their home’s equity.
For homeowners with properties valued above the median or even the federal lending limit, jumbo reverse mortgage programs can provide an opportunity to access more equity, ensuring that homeowners with higher-valued properties can still benefit from a reverse mortgage.
How Can a Reverse Mortgage Help You?
If you want to eliminate monthly mortgage payments or gain access to additional funds from your home’s equity, a reverse mortgage could provide the financial flexibility needed in retirement. This can be especially beneficial for covering healthcare costs, home improvements, or simply maintaining a more comfortable lifestyle in your later years.
Explore Your Options with All Reverse Mortgage, Inc.
Whether you’re a longtime resident or planning to move to Calabash, All Reverse Mortgage, Inc. (ARLO™) is here to help guide you through the reverse mortgage process. Our team of experts is ready to answer your questions and provide personalized advice.
Call us at Toll-Free (800) 565-1722 or visit our online calculator at reverse.mortgage/calculator to explore how much equity you could access with a reverse mortgage.
