Cincinnati's #1 Reverse Mortgage

All Reverse Mortgage, Inc. (ARLO™) is headquartered in Southern California, but lends in many states nationwide, including Cincinnati, Ohio. All Reverse began in November 2007 and as the name implies, the only loan product that All Reverse Mortgage, Inc. (ARLO™) originates is the residential reverse mortgage loan.

We offer reverse mortgages to Cincinnati homeowners and our staff has a combined lending experience exceeding 100 years with national mortgage banking experience on both coasts and points between. Due to this varied direct experience, All Reverse Mortgage, Inc. (ARLO™) is well positioned to be able to assist borrowers with all specific needs associated with the reverse mortgage program.

Cincinnati 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 Cincinnati 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 Mortgage, Inc. (ARLO™) 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 well. Jumbo or proprietary programs typically offer much lower Principal Limits as they relate to values, 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 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.

Cincinnati, Ohio, is the third-largest city in the state of Ohio. As of 2017, the city has a population of approximately 301,000. Senior homeowners 62 years and older make up about 14.7% of the population.

Settled in 1788 and incorporated in 1819, Cincinnati, Ohio’s roots date back to the dawn of the nation. The city grew quickly, and today boasts an array of attractions. Residents and visitors alike delight in days spent at the Cincinnati Zoo & Botanical Garden, the Newport Aquarium, the Cincinnati Art Museum and grabbing lunch at Skyline Chili.

Cincinnati’s economy is primarily composed of jobs in education, financial services and insurance.

As of January 2023, the median home value in Cincinnati, Ohio, is $265,39. For those with homes valued above the federal lending limit, there are several private jumbo reverse mortgage programs available that may better suit those homeowners.

If you reside in Cincinnati or are planning to move there, All Reverse Mortgage is here to answer your questions. Call us Toll Free (800) 565-1722.

Resources:
Cincinnati 2017 population
62+ homeowners
Home values in Cincinnati