Gresham 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)
Gresham Reverse Mortgage Facts
| City | Homeowners Age 62+ | Reverse Mortgages Closed Last 12 Months | Purchase Reverse Mortgages Closed Last 12 Months | Lenders in Gresham (est) | Avg. Home Value |
|---|---|---|---|---|---|
| Gresham | 5,154 | 11 | 0 | 8 | $464,881 |
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.
Gresham Lending Limits
A Historic Oregon City with Modern Appeal
Gresham, Oregon, is the fourth-largest city in the state. It is located just 15 miles east of Portland and 4 miles south of the Columbia River. The city has a rich history and a thriving community. Named after General Walter Quinton Gresham, a Civil War hero and U.S. Postmaster General, it was officially incorporated in 1905. Early settlers benefited from the fertile soil of the Pacific Northwest, cultivating crops like berries and vegetables, which were transported to Portland by train.
A Community with Deep Roots and Modern Growth
Gresham’s historical significance is seen in landmarks like the Louise Home Hospital and Residence Hall, built in 1925. The city blends tradition with innovation and is home to a Boeing affiliate and other key industries like semiconductor manufacturing. Gresham’s proximity to Mount Hood, Multnomah Falls, and Portland International Airport makes it an ideal location for those seeking a balance between nature and modern conveniences.
Senior Homeowners in Gresham
According to U.S. Census Bureau data, seniors aged 65 and older make up 11% of Gresham’s population. Among them, 69% are homeowners, representing over 5,000 senior households who may benefit from a reverse mortgage’s financial flexibility.
Gresham Housing Market
The median home value in Gresham is $464,881 as of January 2023, nearly equal to Oregon’s state average. Home prices have increased by 3.3% in the last year, with an anticipated rise of 1.9% over the coming year. This makes many Gresham homes well within the federal reverse mortgage lending limit of $1,149,825. For homes valued above this limit, jumbo reverse mortgage programs are available to unlock more of your home’s equity.
Explore Reverse Mortgage Options
If you’re a senior homeowner in Gresham, a reverse mortgage could provide the financial freedom you need for retirement. Whether you want to eliminate monthly mortgage payments or establish a line of credit, All Reverse Mortgage, Inc. (ARLO™) will guide you.
Contact Us Today
Call us at Toll-Free (800) 565-1722 or visit our reverse mortgage calculator to explore how much equity you can access. We’re here to help you make the most of your home’s value.
