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 the HUD
Home Equity Conversion Mortgage (HECM, or “Heck-um”). The HECM is HUD’s acronym for their reverse mortgage loan.
All Reverse Mortgage, Inc. (ARLO™) originates in Hillsboro and closes both refinance loans, where borrowers already own their home and are looking to either
pay off their existing loan and have no more monthly mortgage payment, utilize their equity for other purposes if they have no existing loan, or possibly
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.
Hillsboro Lending Limits
First settled as “Hillsborough” by early settlers, Hillsboro was officially incorporated as a city within the state of Oregon on October 19, 1876. Named after settler and later Oregon state politician David Hill, the city’s incorporation followed an extension of the Oregon California Railroad, bringing new residents and visitors. In 1910, Hillsboro was the most populous city in the country with a population of 2,016 people.
Hillsboro is deeply connected to its historical roots, with over a dozen locations on the National Register of Historic Places.
Today, Hillsboro is the fifth-largest city in Oregon, following Gresham, Salem, Eugene, and Portland. The city is known for its strong community spirit and ongoing efforts to enhance the quality of life for its residents. The Hillsboro 2020 Vision and Action Plan, implemented in 2005, has now evolved into The Hillsboro 2035 Community Plan, focusing on health and wellness, education, community involvement, economic infrastructure, recreation, and environmental sustainability.
With a population of just over 108,000, Hillsboro maintains a lower unemployment rate than the larger Portland metropolitan area. The average annual income in Hillsboro is nearly $10,000 higher than in Portland and almost $20,000 higher than the national average, according to U.S. Census Bureau data. Median home prices in Hillsboro are about $100,000 more affordable than in nearby metropolitan areas like Seattle and San Francisco.
Hillsboro boasts abundant natural scenery and recreational activities. Popular attractions include Roloff Farms, Oak Knoll Winery, the annual Oregon International Air Show, and the Jackson Bottoms Wetlands Preserve.
Like much of the Pacific Northwest, Hillsboro enjoys a moderate climate due to its proximity to the Pacific Ocean. The average high temperature in summer is 81 degrees Fahrenheit, while the average low in winter is 32.7 degrees. The city experiences 151 days of precipitation annually, totaling 37 inches, with most rainfall occurring in December and January.
Eight percent of Hillsboro’s population is made up of seniors aged 65 and older, based on U.S. Census Bureau data. Of Hillsboro’s senior population, 69 percent (over 3,000 households) are homeowners. This reflects a dedicated community of seniors who consider Hillsboro their long-term home.
Thousands of senior households in Hillsboro may be eligible for a reverse mortgage. Many of these older homeowners have already researched and begun using reverse mortgages to support their retirement needs.
Compared with the average home price in Oregon, Hillsboro’s median home price is higher than the state average at $541,573 as of January 2023, according to the Zillow Home Value Index. Prices in the area have increased by 9.6 percent over the past year.
Some homes in Hillsboro may be worth more than this median value. If your home has been appraised for more than the HUD lending limit of $1,149,825, you may still be able to tap into your home equity with the help of a reverse mortgage.
If you have any questions or want to explore your options, All Reverse Mortgage, Inc. (ARLO™) is here to help. If you are a homeowner in Hillsboro, give us a call today at Toll-Free (800) 565-1722, or visit our calculator at https://reverse.mortgage/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 retirement.
