Hillsboro 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)
Hillsboro Reverse Mortgage Facts
| City | Homeowners Age 62+ | Reverse Mortgages Closed Last 12 Months | Purchase Reverse Mortgages Closed Last 12 Months | Lenders in Hillsboro (est) | Avg. Home Value |
|---|---|---|---|---|---|
| Hillsboro | 3,113 | 5 | 0 | 3 | $541,573 |
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 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 serve Oregon homeowners better, 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.
Hillsboro Lending Limits
A Growing City with Deep Historical Roots
Hillsboro, Oregon, settled initially as “Hillsborough,” was incorporated on October 19, 1876. Named after settler and politician David Hill, the city grew rapidly with the expansion of the Oregon-California Railroad. By 1910, Hillsboro was the most populous city in the county, with just over 2,000 residents.
Today, Hillsboro is the fifth-largest city in Oregon, known for its rich history and forward-thinking community. Several locations, including the Hillsboro Civic Center and the Imbrie Farm, are listed on the National Register of Historic Places, preserving the city’s past. At the same time, its modern developments continue to enhance the quality of life for residents.
With a population of over 108,000, Hillsboro has maintained a healthy economy, partly due to its strong technology sector, often referred to as part of Oregon’s “Silicon Forest.” The city’s residents enjoy a high standard of living, with average incomes higher than Portland and national averages. Despite the city’s growth, home prices remain more affordable than other tech-centric regions, making it a desirable location for retirees and homeowners.
Senior Homeowners in Hillsboro
According to U.S. Census Bureau data, 8% of Hillsboro’s population is 65 or older, and approximately 69% of these seniors are homeowners. This translates to over 3,000 senior households, many of whom may be eligible for a reverse mortgage to supplement their retirement.
Hillsboro Housing Market
The median home value in Hillsboro is $541,573 as of January 2023, reflecting a 9.6% increase over the past year, according to the Zillow Home Value Index. Most homes in Hillsboro fall within the federal reverse mortgage lending limit of $1,209,750, making a Home Equity Conversion Mortgage (HECM) accessible to many senior homeowners. For those with homes valued above this limit, jumbo reverse mortgage programs are available to unlock more of your home’s equity.
Explore Your Reverse Mortgage Options
A reverse mortgage could provide the financial flexibility you need in retirement, whether by eliminating monthly mortgage payments or creating a line of credit. All Reverse Mortgage, Inc. (ARLO™) is here to guide you through the process.
Contact Us Today
If you’re a senior homeowner in Hillsboro, access our reverse mortgage calculator to estimate your lending limit, or call us today at (503) 400-7121 for personalized advice.
