Central Point's #1 Reverse Mortgage

All Reverse Mortgage, Inc. (ARLO™) is proud to be Oregon's #1 Rated Reverse Mortgage Lender by the BBB with a Perfect 5.0 Stars and A+ Exemplary Rating. We currently lend in 16 states and our headquartered in Southern California.

All Reverse Mortgage was incorporated in CA November 2004 and as the name implies, the only loan product that All Reverse Mortgage, Inc. (ARLO™) originates is in fact, the reverse mortgage.

We’re committed to be your lender because you deserve the best rate at the lowest price possible.

We’re a HUD Approved direct lender lending the national HECM programs and offer a suit of Non-FHA & Jumbo Reverse Mortgages to better suit homeowners in SoCal with higher value homes over the national 2024 lending limit of $1,149,825.

We welcome you to compare our reviews and our lower rates and closing costs to any other major lender! The difference is clear, and we can’t wait to show you!

Central Point Reverse Mortgage Facts

HUD Approved Direct Lender

All Reverse Mortgage, Inc. (ARLO™) is approved with 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 their reverse mortgage loan.

All Reverse Mortgage, Inc. (ARLO™) originates in Central Point 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®

The owners and management of All Reverse were part of the team that wrote and sold the first fixed rate jumbo reverse mortgage in 2008 and as such, have extensive experience in jumbo or proprietary loan programs as well. We are always looking for new products to offer to borrowers of high valued homes in the higher home priced markets that the HUD HECM may just not serve as well. Jumbo or proprietary programs typically offer much lower Principal Limits as they relate to values though so not all borrowers are better served with the jumbo programs.

Only a seasoned originator can readily inform borrowers which program will best suit their needs and the positives and negatives of each so that the borrower can make an informed decision. It is no longer uncommon anywhere in the country for a market to be a solid HUD HECM market and then within just a short distance for a niche jumbo market to be located where there is a need for a jumbo program.

Therefore, homeowners aged 62 and above in all markets have seen that the reverse mortgage can be a very solid financial tool and many are now seeking the reverse mortgage to augment their retirement plans and not so much as a mortgage of last resort. Everything from the elimination of the existing mortgage payments to the line of credit that grows that grows make reverse mortgage borrowers understand that this program allows them to utilize their homes to not only live comfortably in their family home, but to plan for the future as well.

Located near the southwestern corner of the state of Oregon, the area now known as Central Point began to receive its first European settlers in the mid-19th century after serving primarily as the home of a sparse population of Natve American tribes up and down the modern western U.S. for thousands of years. These tribes included the Shasta, Takelma, and Rogue River Athabaskan. Fur traders were settlers that brought early forms of European commerce in the area, and one of the earliest settlers — a man named Isaac Constant — is the man first credited with giving the small settlement its name.

"Central Point", according to Constant, earned its name at the time due to its location as something of a crossroads in the middle of what is known as the "Rogue Valley". That valley is located along the banks of the similarly-named Rogue River, and is said to form much of the cultural and economic "heart" of southern Oregon just above the border to modern day California.

In Isaac Constant’s time, the primary road running north-to-south from the Willamette Valley met another road between Jacksonville, as well as other settlements along the banks of the Rogue River. Constant observed this unique centralized point, and named the settlement very literally after his own observations while also helping to provide something of a verbal signpost for traders and other travelers who may be looking to find their way.

By 1870, a pair of brother settlers opened up their own store at the nearby crossroads, further legitimizing Central Point as its own settlement. Two years later, Central Point had its very own post office constructed. By 1889, Central Point was officially incorporated as a city in the state of Oregon, and has grown to a prominent community that centralizes a whole host of area students into the Central Point School District, located just underneath the sprawling Medford School District.

As a part of the so-called "Silicon Forest", Central Point plays host to a number of other technology companies besides the likes of IBM, including test and measurement device manufacturer Tektronix, and artistic software company Red Giant Software.

Central Point has several notable people who have hailed from it across its history, including several politicians who have gone on to hold major offices in the state of Oregon. Professional basketball player Amy Denson, who made a name for herself in the NCAA before playing for major leagues in Europe and Australia, originally hailed from Central Point. Former Houston Astros, Atlanta Braves, and San Francisco Giants baseball player Dean Hartgrave was born in Bakersfield, California before attending Crater High School in Central Point.

Also hailing from Central Point is Golden Age comic book artist Basil Wolverton, who worked on publications like MAD Magazine before making a home at Timely Comics in the 1940s, the same publisher that would one day become Marvel Comics under the auspices of writer/editor Stan Lee, and he would also work for DC Comics later in life.

Wolverton described himself as a "Producer of Preposterous Pictures of Peculiar People who Prowl this Perplexing Planet", and created a whole host of imaginative original characters across his nearly 40-year career in the industry. Wolverton was posthumously inducted into the comic book industry's Jack Kirby Hall of Fame in 1991, having died in the late 1970s.

By far, Central Point’s single largest employer is its school district, which has nearly 520 employees total and serves a student body of approximately 3,500 students. Freight shipping company YRC Worldwide also has a notable presence in the community, employing 120 people in the city. The city itself also nearly employs 100 people, and Albertsons grocery stores employs an additional 80 people.

15 percent of Central Point’s population is made up of seniors that are at least 65 years old, based on U.S. Census Bureau data. Of Central Point’s senior population, 83 percent (accounting for nearly 1,500 households) are also homeowners as opposed to renters. That means there’s a dedicated community of seniors that call Central Point their long-term home.

Hundreds of the senior households in Central Point may be eligible to obtain a reverse mortgage. Several of these older homeowners have already done their research and begun using reverse mortgages to support their retirement needs.

Compared with the average home price in Oregon, Central Point’s median home price is slightly less than the rest of the state at $402,326, according to the Zillow Home Value Index.

Some homes in Central Point may be worth more than this median value. If your home has been appraised for more than the HECM limit of $1,149,825, you may still be able to tap into your home equity with the help of a reverse mortgage.

If you're a homeowner who fits this description and you're interested in using a reverse mortgage to supplement your retirement, you might want to consider a jumbo reverse mortgage, from which you may be able to access a greater portion of your home equity than you otherwise would with a FHA-insured HECM loan.

Reverse mortgages might not be the perfect solution for every homeowner, but depending on your particular situation, a HECM could be something to consider as you approach your retirement years.

If you reside in Central Point All Reverse Mortgage, Inc. (ARLO™) is here to answer your questions.Access our online calculator to estimate your reverse mortgage lending limit or call us Toll Free (800) 565-1722

Additional Oregon Lender Resource Links:
Reversemortgage.org NRMLA Members in OR: https://www.reversemortgage.org/Find-a-Lender/state/OR
HUD.GOV Approved Lenders in Oregon for HECM Loan