Corvallis Reverse Mortgage Lenders
At All Reverse Mortgage, Inc. (ARLO™), we’re proud to be Oregon’s #1 Rated Reverse Mortgage Lender, celebrating 20 years of dedicated service. Our A+ rating from the Better Business Bureau and perfect 5-star reviews reflect our unwavering commitment to providing you with the best terms and exceptional customer care.
Since 2004, our mission has been simple: to help Oregon homeowners make the most of their home’s equity with peace of mind. As a HUD-approved lender, we offer a comprehensive range of HECM and jumbo reverse mortgages tailored to meet your specific needs.
With our competitive rates and lower costs, you can retain more of your home’s equity. We’re here to show you the difference our experience can make, and we look forward to guiding you every step of the way!
All Reverse Mortgage is licensed by the Division of Finance and Corporate Securities (DFCF) (License/Registration #ML-5006)
Corvallis Reverse Mortgage Facts
| City | Homeowners Age 62+ | Reverse Mortgages Closed Last 12 Months | Purchase Reverse Mortgages Closed Last 12 Months | Lenders in Corvallis (est) | Avg. Home Value |
|---|---|---|---|---|---|
| Corvallis | 2,621 | 7 | 0 | 5 | $529,849 |
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 HUD’s Home Equity Conversion Mortgage (HECM), commonly referred to as a reverse mortgage.
In Albany, All Reverse Mortgage, Inc. (ARLO™) assists homeowners with refinancing, whether they want to pay off an existing loan and eliminate monthly mortgage payments, access their home equity for other purposes, or pursue a combination of both.
About All Reverse Mortgage, Inc.
At All Reverse Mortgage, Inc. (ARLO™), we’re proud to be licensed by the state of Oregon, bringing decades of expertise and local knowledge to homeowners across the state. Our owners and management were part of the team that introduced and sold the first fixed-rate jumbo reverse mortgage in 2008. With extensive experience in jumbo and proprietary loan programs, we continually seek new products to better serve Oregon homeowners, especially those with high-value homes in markets where the HUD HECM may not fully meet their needs.
As a licensed Oregon lender, we understand the unique aspects of the local housing market. We’re dedicated to helping you navigate the complexities of reverse mortgage options, from the HUD HECM to niche jumbo programs. Our seasoned originators are well-equipped to guide you through the process, ensuring you understand the pros and cons of each option so you can make an informed decision.
For homeowners aged 62 and above, a reverse mortgage can be a powerful financial tool—not just a last resort. Whether it’s eliminating existing mortgage payments or establishing a growing line of credit, we’re here to help you use your home’s equity to live comfortably and plan for the future in your family home.
Corvallis Lending Limits
Corvallis, Oregon, is a picturesque college town nestled in the Willamette Valley. Known for its rich history and vibrant community, Corvallis is home to Oregon State University, which serves as the city’s largest employer and a key element of its identity. The town, first settled in 1845, was officially incorporated in 1857, and today, it has grown into a hub of education, healthcare, and technology, with HP, Inc. maintaining a significant presence here.
Senior Homeownership
Based on U.S. Census Bureau data, about 11% of Corvallis’ population is aged 65 or older, and 72% of this senior population are homeowners. This means over 2,600 senior households in Corvallis may be eligible for a reverse mortgage, a financial tool that can help senior homeowners unlock the equity in their homes.
Housing Market Trends
According to the Zillow Home Value Index, the median home value in Corvallis as of 2024 is $529,849. This is notably higher than the state average, positioning many homes in the area comfortably within the federal reverse mortgage lending limit of $1,209,750. For homeowners valued above this threshold, jumbo reverse mortgages are also available to access more of their home equity.
Why Consider a Reverse Mortgage?
A reverse mortgage may allow senior homeowners in Corvallis to:
- Eliminate monthly mortgage payments.
- Establish a line of credit for financial flexibility.
- Access a lump sum or monthly payments based on their home’s equity.
Corvallis is an attractive place for retirees, offering cultural and outdoor activities, such as the Oregon Shakespeare Festival, hiking at Lava River Cave, and the scenic Willamette River. The city’s strong community and proximity to other Oregon landmarks, including Salem and Portland, further add to its appeal.
If you’re a homeowner in Corvallis aged 62 or older and are curious about how a reverse mortgage can benefit your retirement, All Reverse Mortgage, Inc. (ARLO™) is ready to help you explore your options.
Call us at (541) 588-6869, or visit our reverse mortgage calculator to estimate your lending limit.
