Indio's #1 Reverse Mortgage
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All Reverse Mortgage, Inc. (ARLO™) is proud to be California's #1 Rated Reverse Mortgage Lender by the BBB with a Perfect 5.0 Stars and A+ Exemplary Rating. We currently lend in 16 states and our headquartered in Southern California.
All Reverse Mortgage was incorporated in CA November 2004 and as the name implies, the only loan product that All Reverse Mortgage, Inc. (ARLO™) originates is in fact, the reverse mortgage.
We’re committed to be your lender because you deserve the best rate at the lowest price possible.
We’re a HUD Approved direct lender lending the national HECM programs and offer a suit of Non-FHA & Jumbo Reverse Mortgages to better suit homeowners in SoCal with higher value homes over the national 2024 lending limit of $1,149,825.
We welcome you to compare our reviews and our lower rates and closing costs to any other major lender! The difference is clear, and we can’t wait to show you!
Indio Reverse Mortgage Facts
|Homeowners Age 62+
|Reverse Mortgages Closed Last 12 Months
|Purchase Reverse Mortgages Closed Last 12 Months
|Lenders in Indio (est)
|Avg. Home Value
HUD Approved Direct Lender
All Reverse Mortgage, Inc. (ARLO™) is approved with 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 Indio 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®
The owners and management of All Reverse were part of the team that wrote and sold the first fixed rate jumbo reverse mortgage in 2008 and as such, have extensive experience in jumbo or proprietary loan programs as well. We are always looking for new products to offer to borrowers of high valued homes in the higher home priced markets that the HUD HECM may just not serve as well. Jumbo or proprietary programs typically offer much lower Principal Limits as they relate to values though so not all borrowers are better served with the jumbo programs.
Only a seasoned originator can readily inform borrowers which program will best suit their needs and the positives and negatives of each so that the borrower can make an informed decision. It is no longer uncommon anywhere in the country for a market to be a solid HUD HECM market and then within just a short distance for a niche jumbo market to be located where there is a need for a jumbo program.
Therefore, homeowners aged 62 and above in all markets have seen that the reverse mortgage can be a very solid financial tool and many are now seeking the reverse mortgage to augment their retirement plans and not so much as a mortgage of last resort. Everything from the elimination of the existing mortgage payments to the line of credit that grows that grows make reverse mortgage borrowers understand that this program allows them to utilize their homes to not only live comfortably in their family home, but to plan for the future as well.
Indio is a Riverside County, California city, with a population of roughly 100,000. Located in Southern California’s Coachella Valley, Indio has become known as the City of Festivals for its hosting of annual festivals including the Coachella Valley Music and Arts Festival.
Just 23 miles east of Palm Springs, Indio originally began as a railroad town before becoming an agricultural hub for crops including grapes, citrus, onions, cotton, and dates. Dates became a major crop in Indio, which, as a result, became home to much of the scientific research on dates in the early 20th century.
Around the turn of the 20th century, the city had a small year-round population with a boom coming each winter when many winter residents would flock to Indio for its warm weather and desert climate.
Today, Indio is still home to several visitor attractions such as Shields Date Garden and Empire Polo Club. It also welcomes thousands of visitors each year to the Coachella Valley Music Festival and Stagecoach Country Music Festival, as well as around 30,000 winter residents.
Indio has a hot, desert climate with average high temperatures during the summer months hovering above 110 degrees Fahrenheit. Average daily temperatures during the hot season are in the high 80s to low 90s. During the winter, the city sees average temperatures in the upper 50s and low 60s, with an average low of 45 degrees in December.
The median home value in Indio, California, is $540,019 - an increase of 18.7 percent in the last year. Most Indio, California homes are below the federal reverse mortgage lending limit of $1,149,825. For those with homes valued above the federal lending limit, there are several private jumbo reverse mortgage programs available that may better suit those homeowners.
If you reside in Indio, All Reverse Mortgage, Inc. (ARLO™) is here to answer your questions.