Huntley Reverse Mortgage Lenders
All Reverse Mortgage, Inc. (ARLO™) is proud to be Illinois’s #1 Rated Reverse Mortgage Lender by the Better Business Bureau (BBB). We boast a perfect 5.0-star rating and an A+ exemplary rating. Although headquartered in Southern California, we currently lend in 16 states, including Illinois.
Incorporated in November 2004, All Reverse Mortgage, Inc. (ARLO™) focuses exclusively on reverse mortgages, ensuring that you receive the best rate at the lowest price possible.
As a HUD-approved direct lender, we offer national HECM programs as well as a variety of non-FHA and jumbo Reverse Mortgages tailored for Illinois homeowners with higher-value properties exceeding the 2024 national lending limit of $1,209,750.
We invite you to compare our reviews, lower rates, and closing costs with those of any other major lender. The difference is clear, and we’re excited to show you how we can help you maximize your home’s equity.
Huntley Reverse Mortgage Facts
| City | Homeowners Age 62+ | Reverse Mortgages Closed Last 12 Months | Purchase Reverse Mortgages Closed Last 12 Months | Lenders in Huntley (est) | Avg. Home Value |
|---|---|---|---|---|---|
| Huntley | 5,136 | 14 | 1 | 8 | $359,711 |
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 reverse mortgage loan program designed to help seniors tap into their home equity.
All Reverse Mortgage, Inc. (ARLO™) serves the Huntley community by originating and closing refinance loans for homeowners who wish to pay off their existing mortgage and eliminate monthly payments or for those who want to utilize their home equity for other purposes. We also cater to those interested in a combination of both.
About All Reverse Mortgage, Inc.
The owners and management of All Reverse Mortgage, Inc. 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 continuously seek out new products to better serve homeowners with high-value properties, especially in markets where the HUD HECM may not fully meet their needs.
Our seasoned originators are dedicated to helping borrowers understand the pros and cons of each reverse mortgage option, ensuring they make informed decisions that best suit their needs. Whether you’re in a strong HUD HECM market or near a niche jumbo market, we provide expert guidance to help you choose the right financial tool.
Homeowners aged 62 and older are increasingly turning to reverse mortgages as a way to enhance their retirement plans rather than as a last resort. By eliminating existing mortgage payments or establishing a growing line of credit, reverse mortgages empower homeowners to live comfortably and plan for the future in their family homes.
Huntley Lending Limits
Huntley, Illinois, is a village located in McHenry and Kane counties, just outside the city of Chicago. Incorporated in 1872, Huntley has grown to a population of approximately 25,000 residents, with about 35 percent being senior homeowners aged 62 or older.
Huntley’s economy is primarily composed of retail trade, healthcare, educational services, manufacturing, and professional services. Given its proximity to Chicago, many Huntley residents commute to the city for work. In their free time, residents can explore the Exner Marsh Nature Preserve, visit the Illinois Railway Museum, or travel to Chicago for additional activities.
As of January 2023, the median home value in Huntley is $359,711, reflecting an 11.3% increase over the past 12 months. While about half of the homes in Huntley are valued below the federal maximum reverse mortgage lending limit of $1,209,750, senior homeowners can still explore jumbo loan programs to tap into their home’s equity for higher-valued properties.
If you’re a homeowner in Huntley 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. Give us a call today or visit our online calculator at https://reverse.mortgage/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!
