Experience Excellence with Hawaii’s Top Reverse Mortgage Lender
At All Reverse Mortgage, Inc. (ARLO™), we’re proud to be Hawaii’s #1 Rated Reverse Mortgage Lender, with 20 years of dedicated service. Our commitment to offering the best terms and outstanding customer service has earned us an A+ rating from the Better Business Bureau and perfect 5-star reviews.
Since 2004, our mission has been to provide Hawaii homeowners with peace of mind through our HUD-Approved HECM & Jumbo Reverse Mortgages. We’re here to help you maximize your home’s equity with competitive rates and lower costs.
Let us show you the difference our experience can make—we look forward to guiding you every step of the way!
Hawaii Reverse Mortgage Lenders
| Lender | Rating | Years in Business | Stars (0-5) | Good Review % | Complaints | BBB Review |
|---|---|---|---|---|---|---|
| All Reverse Mortgage, Inc. (ARLO) | A+ | 20 | 4.99/5 | 99.8% | 0 | Source |
| Advisors Mortgage Group | A+ | 25 | 2.00/5 | 40.0% | 5 | Source |
| American Advisors Group (AAG) | A | 19 | 4.69/5 | 93.8% | 56 | Source |
| American Pacific Mortgage | F | 28 | 1.75/5 | 35.0% | 13 | Source |
| Ennkar Inc. | A+ | 14 | 4.00/5 | 80.0% | 3 | Source |
| Fairway Independent Mortgage | A+ | 28 | 4.41/5 | 88.2% | 37 | Source |
| Finance of America Reverse LLC (FAR) | A+ | 21 | 1.00/5 | 20.0% | 22 | Source |
| GoodLife Home Loans | A+ | 12 | 4.43/5 | 88.6% | 0 | Source |
| Guild Mortgage Company (Formerly Cherry Creek LLC) | A+ | 64 | 1.36/5 | 27.2% | 39 | Source |
| HighTechLending Inc | A+ | 18 | 4.93/5 | 98.6% | 0 | Source |
| Liberty Home Equity Solutions Inc. | A+ | 21 | 1.00/5 | 20.0% | 3 | Source |
| Longbridge Financial LLC | A+ | 12 | 3.94/5 | 78.8% | 18 | Source |
| Mid America Mortgage Inc. | A+ | 65 | 3.00/5 | 60.0% | 0 | Source |
| Moneyhouse | NR | 27 | NA | NA | 0 | Source |
| Movement Mortgage, LLC | A+ | 17 | 4.80/5 | 95.6% | 109 | Source |
| Mutual of Omaha Mortgage | A+ | 11 | 4.61/5 | 92.2% | 45 | Source |
| Open Mortgage LLC | A+ | 21 | 2.60/5 | 52.0% | 1 | Source |
| Plaza Home Mortgage Inc | A+ | 23 | 2.38/5 | 47.6% | 17 | Source |
| Smartfi Home Loans | A+ | 5 | NA | NA | 0 | Source |
| South River Mortgage, LLC | A+ | 5 | 2.62/5 | 52.4% | 15 | Source |
Hawaii Reverse Mortgage Facts
| State | Homeowners Age 62+ | Reverse Mortgages Closed Last 12 Months | Purchase Reverse Mortgages Closed Last 12 Months | Lenders in Hawaii | Avg. Home Value |
|---|---|---|---|---|---|
| Hawaii | 4,597 | 101 | 9 | 6 | $831,808 |
Hawaii Lending Limits
Hawaii, the 40th most populous state in the U.S., is home to approximately 1.46 million people as of 2024, with the highest population density centered in Honolulu. Around 246,306 residents are aged 65 and older, and about 66% of the state’s population are homeowners. This makes a significant number of Hawaiians eligible for a reverse mortgage.
Hawaii’s Rich History and Culture
Located in the Pacific Ocean, approximately 2,000 miles west of California, Hawaii is celebrated for its deep cultural traditions, including surfing, hula dancing, and the iconic leis. The state’s history includes becoming a U.S. territory in 1898 and gaining statehood as the 50th state in 1959. Known as the “Aloha State,” the term “aloha” symbolizes the warm and welcoming spirit of the islands, used both as a greeting and a farewell.
Hawaii is the largest island chain in the world, comprising over 100 islands, of which only seven are inhabited. The state is home to active volcanoes, which are significant tourist attractions. Tourism remains the dominant industry in Hawaii, contributing substantially to its economy.
Climate and Island Life
Hawaii’s tropical climate varies across the islands but remains mild throughout the year. While areas near the ocean receive around 25-30 inches of rainfall annually, some regions experience much more, depending on local geography. The islands’ diversity, with lush rainforests, dry regions, and volcanic landscapes, offers something for everyone.
Reverse Mortgage Opportunities in Hawaii
As of January 2024, the median home value in Hawaii is $645,000, reflecting the state’s consistently high real estate market. With this average, many homes fall near or above the federal maximum reverse mortgage lending limit of $1,149,825. For homeowners whose properties are valued above this limit, proprietary jumbo reverse mortgage programs are available to provide more borrowing power.
Hawaii Approved Reverse Mortgage Counseling Agencies
| Name | Agency ID | Address | Phone | Web Site |
|---|---|---|---|---|
| LEGAL AID SOCIETY OF HAWAII | 80972 | 924 BETHEL STREET HONOLULU, HI 96813-4304 | (808) 536-4302 | http://www.legalaidhawaii.org |
| LEGAL AID SOCIETY OF HAWAII - HILO BRANCH | 80975 | PH1002 101 AUPUNI STREET HILO, HI 96720-4246 | (808) 962-2851 | http://www.legalaidhawaii.org |
Other Areas of Interest in Hawaii
Did you know? Hawaii does not mandate in-person counseling. Visit our counseling page for a list of phone-based counseling agencies, and you can conduct your required counseling from the comfort of your home.
Additional Resources:
Reversemortgage.org NRMLA Members in Hawaii: https://www.reversemortgage.org/Find-a-Lender/state/HI
HUD.GOV Approved Lenders Search: https://www.hud.gov/program_offices/housing/sfh/lender/lenderlist
