X
Compare Colorado Springs Best Reverse Mortgages!
Compare Colorado Springs Best Reverse Mortgages!
Close Menu
Home / Lenders / Colorado / Reverse Mortgage Lenders, Colorado Springs
Dismiss These Suggestions

Colorado Springs #1 Reverse Mortgage

Your instant quote includes eligibility, real-time rates, & built-in advice to help you find your best program!
ARLO

ARLO

Reverse Mortgage Calculator
Loading...
(may take up to 15 seconds)
|
|

Great! It looks like your home value is around

If you feel this estimate is off, you can manually change it below. Have an existing mortgage? I'll need to know the estimated loan balance to get rid of that mortgage payment!

Please provide your estimated home value

If you presently have an existing mortgage balance, I'll need to know the amount we are going to pay off to get rid of that mortgage payment!
‹ Back

The minimum age for most reverse mortgages is 55

Don’t forget to include your spouse’s age, even if they are not yet 55, loan amounts are based on the youngest spouse.
Your Age
Spouse Age
‹ Back

Great News! Your ARLOanalysis is ready!

Your personalized results include limits, real-time rates and ARLO™ advice!
  • Side-by-side loan comparisons
  • Real-time interest rates
  • ARLO™ advice to help you select the right program
We maintain an A+ exemplary rating by the Better Business Bureau with a perfect 5-Star customer review.
(Needed to validate request)
2021 BBB Torch Award Finalist
Best Reverse Mortgage Lender
Best Reverse Mortgage Website
Best Reverse Mortgage Website
‹ Back

Colorado Springs Reverse Mortgage Lenders

All Reverse Mortgage, Inc. (ARLO™) is proud to be Colorado'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!

Colorado Springs Reverse Mortgage Facts

City Homeowners Age 62+ Reverse Mortgages Closed Last 12 Months Purchase Reverse Mortgages Closed Last 12 Months Lenders in Colorado Springs (est) Avg. Home Value
Colorado Springs 41,333 91 6 76 $479,043

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 Colorado Springs 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.

Colorado Springs Lending Limits

Colorado Springs, Colorado, is a Home Rule Municipality in located in Colorado’s El Paso County. It’s the second-most populated city (behind Denver) with a population of about 448,759. Senior homeowners 62 years and older constitute about 15.4 percent of the city’s population.

In addition to its sizable population, Colorado Springs is also the largest city in Colorado by area. For nature enthusiasts, this translates to plenty of space for outdoor activities such as hiking, rafting, rock climbing, fishing and more. The city also has an extensive selection of dining and entertainment options.

Colorado Springs’ economy is primarily composed of healthcare, retail, professional services and food services.

As of January 2023, the median home value in Colorado Springs, Colorado, is $479,043 - Even with the predicted rise in home values, many Colorado Springs, Colorado homes will still well within the bounds of the federal reverse mortgage lending limit of $1,149,825.

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

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

Colorado Springs Reverse Mortgages
User rating
(35 votes, average: 4.97 out of 5)
How Do You Rate This Page?
Your Rating
  Sending Your Rating...