Fort Myers Reverse Mortgage Lenders
At All Reverse Mortgage, Inc. (ARLO™), we are proud to be Florida’s #1 Rated Reverse Mortgage Lender, as recognized by the Better Business Bureau. We have a perfect 5-star rating and an A+ exemplary score. We’ve been serving Florida homeowners since 2004 and are dedicated to providing reverse mortgages that help you enjoy your retirement years with peace of mind.
We understand that you deserve the best possible rate with the lowest costs. That’s why we focus solely on reverse mortgages, ensuring you receive expert guidance every step of the way. As a HUD-approved direct lender, we offer national HECM programs and specialized jumbo reverse mortgages for homeowners with higher-value properties in Ft. Myers and the surrounding area.
We invite you to compare our customer reviews, lower rates, and closing costs with any other lender. We’re confident you’ll see the difference, and we look forward to helping you achieve your financial goals.
All Reverse Mortgage, Inc. is licensed by the Florida Office of Financial Regulation (License/Registration #MLD837)
Fort Myers Reverse Mortgage Facts
City | Homeowners Age 62+ | Reverse Mortgages Closed Last 12 Months | Purchase Reverse Mortgages Closed Last 12 Months | Lenders in Fort Myers (est) | Avg. Home Value |
---|---|---|---|---|---|
Fort Myers | 37,218 | 57 | 5 | 44 | $390,337 |
HUD Approved Direct Lender in Fort Myers
All Reverse Mortgage, Inc. (ARLO™) is proud to be a HUD-approved lender, providing Fort Myers homeowners with the ability to explore the HUD Home Equity Conversion Mortgage, or HECM (pronounced “Heck-um”). This reverse mortgage loan, backed by HUD, is designed to offer financial security for those aged 62 and older.
As a resident of Fort Myers, you can trust ARLO™, a local expert, to help you understand how a reverse mortgage can work for you. Whether you’re interested in refinancing your home, paying off an existing loan, or tapping into your home’s equity for other needs, we’re here to guide you through the process. Our mission is to ensure you have the information needed to make the best decision for your future, allowing you to enjoy your home without worrying about monthly mortgage payments.
Fort Myers Lending Limits
Fort Myers, Florida, is a rapidly growing city with a population of over 92,000 as of 2024, making it a popular destination for retirees. Approximately 23% of the population consists of senior homeowners aged 62 and older. Known for its range of activities, Fort Myers offers attractions like the Calusa Nature Center, Planetarium, and the Southwest Florida Museum of History. It’s also famous for hosting spring training for the Boston Red Sox.
As of January 2024, the median home value in Fort Myers is $390,337, an increase of 5% over the past year. Many homes in the area fall within the HUD HECM reverse mortgage lending limit of $1,149,825. However, for homeowners with higher-valued properties, jumbo loan programs offer an alternative option to access more home equity.
A reverse mortgage can be a valuable financial tool for senior homeowners in Fort Myers. Whether you want to eliminate monthly mortgage payments or set up a growing line of credit, it can provide flexibility and security as you approach retirement.
If you have any questions or want to explore your options, All Reverse Mortgage, Inc. (ARLO™) is here to help.
Give us a call today at Toll-Free (800) 565-1722, or visit our calculator to see how much you could access with a reverse mortgage. We’re ready to assist you in making informed decisions and ensuring you can continue enjoying your life in Fort Myers.