Jacksonville Reverse Mortgage Lenders
At All Reverse Mortgage, Inc. (ARLO™), we are proud to be Florida’s #1 Rated Reverse Mortgage Lender, as recognized by the Better Business Bureau. We have a perfect 5-star rating and an A+ exemplary score. We’ve been serving Florida homeowners since 2004 and are dedicated to providing reverse mortgages that help you enjoy your retirement years with peace of mind.
We understand that you deserve the best possible rate with the lowest costs. That’s why we focus solely on reverse mortgages, ensuring you receive expert guidance every step of the way. As a HUD-approved direct lender, we offer both national HECM programs and specialized jumbo Reverse Mortgages for homeowners with higher-value properties in Jacksonville and the surrounding area.
We invite you to compare our customer reviews, lower rates, and closing costs with those of any other lender. We’re confident you’ll see the difference, and we look forward to helping you achieve your financial goals.
All Reverse Mortgage, Inc. is licensed by the Florida Office of Financial Regulation (License/Registration #MLD837)
Jacksonville Reverse Mortgage Facts
| City | Homeowners Age 62+ | Reverse Mortgages Closed Last 12 Months | Purchase Reverse Mortgages Closed Last 12 Months | Lenders in Jacksonville (est) | Avg. Home Value |
|---|---|---|---|---|---|
| Jacksonville | 66,153 | 97 | 4 | 7 | $375,692 |
HUD Approved Direct Lender in Jacksonville
All Reverse Mortgage, Inc. (ARLO™) is proud to be a HUD-approved lender, offering Jacksonville homeowners the opportunity to explore the HUD Home Equity Conversion Mortgage, or HECM (pronounced “Heck-um”). This reverse mortgage loan, backed by HUD, is designed to provide financial security for those aged 62 and older.
As a resident of Jacksonville, you can trust ARLO™, a local expert, to help you understand how a reverse mortgage can benefit you. Whether you’re looking to refinance your home, pay off an existing loan, or tap into your home’s equity for other purposes, we’re here to guide you through every step. We aim to ensure you have the information needed to make the best decision for your future, allowing you to enjoy your home without the stress of monthly mortgage payments.
Jacksonville Lending Limits
Jacksonville, Florida, is a dynamic and rapidly growing city with a diverse culture and significant financial and industrial presence. As of 2023, Jacksonville had a population of over 960,000 people. Due to its mild climate, affordable living, and abundance of recreational activities, Jacksonville has become a popular destination for retirees.
According to Zillow, the median home value in Jacksonville is approximately $319,000 as of early 2024. This figure is well within the HUD HECM reverse mortgage lending limit of $1,209,750, making reverse mortgages a viable option for many homeowners. Private jumbo reverse mortgage programs are available for those with homes valued above this threshold to access additional home equity.
A reverse mortgage can be a valuable financial tool for senior homeowners looking to supplement their retirement income, eliminate monthly mortgage payments, or establish a growing line of credit. For example, a 62-year-old borrower in Jacksonville with an available line of credit can see significant growth over time, providing guaranteed borrowing power for future expenses.
If you’re a senior homeowner in Jacksonville interested in exploring reverse mortgage options, All Reverse Mortgage, Inc. (ARLO™) is here to help guide you through the process.
If you have any questions or want to explore your options, All Reverse Mortgage, Inc. (ARLO™) is here to help.
Call us today at (904) 454-8782, or visit our 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 life in Jacksonville.
