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Compare Connecticut's Best Reverse Mortgages!
Compare Connecticut's Best Reverse Mortgages!
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Connecticut's #1 Reverse Mortgage

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In your current area 100 homeowners are currently utilizing reverse mortgages to better enhance their retirement years, with 500,000 nationwide!

The amount you receive is based on your home’s value, your age, and current interest rates. Let’s start with your address so I can estimate your home value…
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Great! It looks like your home value estimate is about

If you feel this estimate is not correct you can manually change it below. If you 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!

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!
(Our calculations use estimated property values provided by Estated.com. An independent HUD-approved appraiser must complete an appraisal to finalize your loan)
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The minimum qualifying age for a reverse mortgage is 55

Don’t forget to include your spouse’s age, even if they are not yet 55, as loan proceeds are always based on the age of the youngest spouse.
Your Age
Spouse Age
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Great News! Your ARLO analysis is ready

Your personalized results include the best of 2024's reverse mortgages
  • Side-by-side loan comparisons
  • Real-time interest rates
  • ARLO™ advice to help you select the right program
BBB A+ logo 2021 BBB Torch Award Finalist
We maintain an A+ exemplary rating by the Better Business Bureau with a perfect 5-Star customer review.
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Your FREE Report Includes:
  • Real Time Analysis  (Next Step)
  • Analysis Via Email
Example ARLO Quote
From America's #1 Rated Reverse Mortgage Lender

Top 10 Reverse Mortgage Lenders in Connecticut

Lender Rating Years in Business Stars (0-5) Good Review % Complaints BBB
Advisors Mortgage Group A+ 24 1.6/5 33% 5 Source
American Advisors Group (AAG) A 19 4.7/5 94% 76 Source
American Pacific Mortgage F 28 1.5/5 30% 15 Source
Ennkar Inc. A+ 13 3.6/5 73% 3 Source
Fairway Independent Mortgage A+ 27 4.8/5 96% 44 Source
Finance of America Reverse LLC (FAR) A+ 20 1/5 20% 18 Source
GoodLife Home Loans A+ 11 4.4/5 88% 1 Source
Guild Mortgage Company (Formerly Cherry Creek LLC) A+ 63 1.3/5 26% 44 Source
HighTechLending Inc A+ 18 4.9/5 98% 0 Source
Liberty Home Equity Solutions Inc. A+ 20 1.00/5 20% 3 Source
Longbridge Financial LLC A+ 11 3.9/5 79% 16 Source
Mid America Mortgage Inc. A+ 65 3.0/5 60% 0 Source
Moneyhouse A+ NA NA NA 0 Source
Movement Mortgage, LLC A+ 16 4.7/5 95% 113 Source
Mutual of Omaha Mortgage A+ 11 4.8/5 96% 58 Source
Open Mortgage LLC A+ 21 2.8/5 56% 21 Source
Plaza Home Mortgage Inc A+ 23 1.9/5 24% 26 Source
Smartfi Home Loans A+ 5 NA NA 0 Source
South River Mortgage, LLC A+ 5 2.2/5 44% 13 Source
Reviews Updated: 11/29/2023
The BBB is one of the last review sites that does not accept monetary influence in their ratings or posted reviews.
 

All Reverse Mortgage, Inc. (ARLO™) is proud to be Connecticut'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 all throughout Connecticut.

Since we started in 2004, our goal has remained simple: to offer the best terms with unbeatable customer service.

We are HUD Approved and offer a full suite of HECM & Jumbo Reverse Mortgages.

Compare our competitive rates and lower costs to any competitor and realize thousands more from your home’s equity!

The difference is clear, and we can’t wait to show you!

Connecticut Reverse Mortgage Facts

State Homeowners Age 62+ Reverse Mortgages Closed Last 12 Months Purchase Reverse Mortgages Closed Last 12 Months Lenders in Connecticut Avg. Home Value
Connecticut 194,889 956 43 112 $359,995

HUD Approved Direct Lender

Connecticut lenders map coverage

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 the reverse mortgage program it administers for seniors who are 62 and older.
 

All Reverse Mortgage, Inc. (ARLO™) originates in Connecticut and offers several reverse mortgage options. In some instances, borrowers are looking to pay off their existing loan and eliminate their monthly mortgage payment. Or, if they already have paid off their mortgage, a reverse loan can help borrowers utilize their equity for other purposes. In some cases, borrowers can do both. They also may use a specific type of reverse mortgage to purchase a new home.

About All Reverse Mortgage, Inc. (ARLO™)

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 the mortgage of last resort.

Everything from the elimination of 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 as well.

Connecticut Lending Limits

Connecticut lending limits

The southernmost state in the New England region, Connecticut is the 29th-most populous state in the Union and the 48th largest in terms of land area. As of 2017, it had an estimated population of 3,588,184, with the most affluent and populated areas being on the Western side of the state. As of 2017, 625,498 residents were age 62 and older, and more than 76% of residents 65 and older were homeowners.

Beginning in 1614, the Dutch were the first Europeans in the area, but the English established the first major settlements in Connecticut in the 1630s. Founded as one of the original 13 colonies In 1662, it was the fifth state to enter the union in 1788. Because of its contributions in the Revolutionary War, it is sometimes known as the “Constitution State” or the “Provisions State”. 

Once the industrial center of the state, the seaport town of Bridgeport is the largest city in Connecticut, with an estimated population of 151,267. Showman P.T. Barnum housed his famous circus in Bridgeport during the winters in the nineteenth century. The city also claims the first Subway restaurant and is home of the frisbee. The next largest city is New Haven, home to Yale University.

Because of its location on the coast, the climate in Connecticut varies.  Most of the state has mild, humid summers and cold winters. Along the water, winters are milder and summers are hotter and humid. Winters bring snow and summer has thunderstorms with the occasional - usually indirect - effects of hurricane season.

Following Bridgeport and New Haven, Stamford and Hartford are the next biggest cities. Main industries are insurance and finance, and the state boasts the highest per capita income in the nation. 19 Fortune 500 companies, including General Electric, Aetna, and Xerox, call Connecticut home.

With its picturesque New England charm and centuries-old history, tourism is a thriving industry in this state. In 2006, tourism, combined with art, film, and history, was said to have brought in $14 billion.

As of January 2023, the median home value in Connecticut is $359,995 whis is up 10.8% from this time last year. With this as a median, many homes in the state fall under the federal maximum reverse mortgage lending limit of $1,149,825 that applies to all HECM loans. For more borrowing power above the federal limit, there are jumbo reverse mortgage programs available.

If you reside in Connecticut, All Reverse Mortgage, Inc. (ARLO™) is here to answer your questions.

Connecticut Approved Reverse Mortgage Counseling Agencies


Agency Name Phone, Toll-Free,
Fax Number,
Email, Website,
Agency ID
Address Languages Parent Organization
BRIDGEPORT NEIGHBORHOOD TRUST Phone: 203-290-4255-4255
Toll-free: 203-290-4255
Fax: 475-282-4255
E-mail:doris@bntweb.org 
Website:www.bntweb.org
Agency ID: 80835
570 State Street
BRIDGEPORT, Connecticut 06604-4504
- English
- Spanish
NATIONAL COMMUNITY REINVESTMENT COALITION, INC.
NEIGHBORHOOD HOUSING SERVICES OF WATERBURY, INC. Phone: 203-753-1896
E-mail: N/A 
Website:www.nhswaterbury.org
Agency ID: 80865
193 Grand Street 3rd CToor
WATERBURY, Connecticut 06702-1919
- English
- Spanish
NEIGHBORHOOD REINVESTMENT CORP. DBA NEIGHBORWORKS AMERICA

Did you know? Connecticut state does not mandate in-person counseling. Visit our counseling page for a list of phone-based counseling agencies and conduct your required counseling from the comfort of your home.

Additional Resources:
Reversemortgage.org NRMLA Members in Connecticut: https://www.reversemortgage.org/Find-a-Lender/state/CT
HUD.GOV Approved Lenders Search: https://www.hud.gov/program_offices/housing/sfh/lender/lenderlist

Connecticut Reverse Mortgages
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