Huntington Beach Reverse Mortgages
At All Reverse Mortgage, Inc. (ARLO™), we take pride in being California’s #1 Rated Reverse Mortgage Lender. We have a perfect 5-star rating from the Better Business Bureau and an A+ Exemplary Rating. We’ve been serving communities across California and 15 additional states since 2004, all from our headquarters in Southern California.
We focus solely on reverse mortgages, so you can trust that we have the expertise you need. We’re dedicated to providing you with the best possible rates and the lowest costs, ensuring you get the most out of your home’s equity.
As a HUD-approved lender, we offer national HECM programs and provide non-FHA and Jumbo Reverse Mortgages for those with higher-value homes exceeding the national 2024 lending limit of $1,209,750.
We invite you to compare our reviews, rates, and closing costs with those of any other lender. We’re confident you’ll see the difference and are excited to help you make the most informed decision.
Huntington Beach Reverse Mortgage Facts
| City | Homeowners Age 62+ | Reverse Mortgages Closed Last 12 Months | Purchase Reverse Mortgages Closed Last 12 Months | Lenders in Huntington Beach (est) | Avg. Home Value |
|---|---|---|---|---|---|
| Huntington Beach | 19,062 | 89 | 9 | 27 | $1,225,766 |
HUD-Approved Direct Lender
At All Reverse Mortgage, Inc. (ARLO™), we are proud to be approved by the Department of Housing and Urban Development (HUD) to offer the Home Equity Conversion Mortgage (HECM), commonly known as a reverse mortgage. We take care of everything, from the application to closing, ensuring you’re in good hands every step of the way.
We serve homeowners in Anaheim, helping those who already own their homes refinance to eliminate their monthly mortgage payments or access their home equity for other needs. Whether you want to pay off your existing loan, free up some extra cash, or do both, we’re here to help.
About Us
Our team at All Reverse Mortgage has deep experience in the industry. In 2008, we were part of the group that introduced the first fixed-rate jumbo reverse mortgage, so we understand both HUD-backed HECM loans and jumbo (or proprietary) loans. This expertise allows us to offer options for homeowners with higher-value homes that may not be fully covered by HUD’s HECM program.
Choosing the right loan can be challenging, but our experienced originators are here to guide you. We’ll explain the options, including the pros and cons of each, so you can make the best decision for your situation. Whether a HUD HECM or a jumbo loan is right for you depends on your unique needs, and we’ll ensure you have all the information to make an informed choice.
For homeowners aged 62 and older, a reverse mortgage can be a valuable financial tool. It’s not just a last resort; many are using it to enhance their retirement plans. With a reverse mortgage, you can eliminate monthly mortgage payments or set up a line of credit that grows over time, helping you live comfortably and plan for the future.
Huntington Beach Lending Limits
The seaside city of Huntington Beach in Southern California is famous for its sandy beaches, mild climate, and excellent surfing. Covering approximately 32 square miles of land and water, the city has a population of 197,400 as of 2024.
Huntington Beach is ideal for many older and retired individuals, thanks to its pleasant year-round temperatures. The average high is 66.8 degrees, and the average low is 56 degrees. This comfortable climate may be why approximately 20,500 homeowners aged 62 and older choose to live in Huntington Beach.
As of January 2024, the average home value in Huntington Beach is $1,278,400, which exceeds the national lending limit of $1,209,750 for a Home Equity Conversion Mortgage (HECM). However, a HECM can still be a valuable tool, particularly if a borrower opts for a line of credit.
A HECM line of credit can remain unused for years, allowing it to grow in value each year that it’s not drawn upon. For example, if a borrower takes out a HECM line of credit at age 62 and doesn’t use it for 10 years, the available amount could increase significantly.
There’s also the option of a jumbo reverse mortgage, which may be more suitable for homeowners with properties over $1,209,750. Jumbo reverse mortgages can accommodate homes valued up to several million dollars, though the exact limits vary.
If you’re a homeowner in Huntington Beach aged 62 or older, and you’re curious about how a reverse mortgage could benefit you, All Reverse Mortgage, Inc. (ARLO™) is here to help. Call us today at Toll-Free (800) 565-1722 or visit our calculator to explore your options.
We’re ready to answer your questions and help you make the most of your home’s equity—so you can confidently enjoy your retirement. Don’t wait—reach out to us today!
