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 of the process. Our goal is 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.
About All Reverse Mortgage, Inc.
The All Reverse Mortgage, Inc. (ARLO™) team has extensive experience, including being part of the group that introduced the first fixed-rate jumbo reverse mortgage in 2008. Our deep knowledge of both HECM and jumbo reverse mortgage programs allows us to offer the best advice for homeowners, particularly those in higher-value homes where a traditional HECM might not be the ideal solution.
Jacksonville Lending Limits
Jacksonville is one of the largest and most vibrant cities in the United States, known for its diverse culture, financial center, and beautiful attractions. With a mild climate and a rich array of amenities, it’s no wonder that Jacksonville is a popular destination, especially for retirees. The city is home to a significant population of residents aged 65 and older, many of whom may qualify for this unique, government-insured program.
In Jacksonville, where the median home price is above the HUD maximum lending limit, many homeowners need to consider the additional benefits of the HECM credit line growth rate. Borrowers in Jacksonville can potentially access significantly higher credit lines over time. For instance, a 62-year-old borrower who secures a reverse mortgage with a $200,000 available line of credit could see that amount grow to over $500,000 in 15 years if the funds are left to grow. If there’s no current mortgage to pay off, that amount could increase to nearly $800,000, offering guaranteed borrowing power for future expenses.
As a senior homeowner in Jacksonville, a reverse mortgage could be a valuable tool to enhance your retirement. Whether you’re looking to eliminate monthly mortgage payments or establish a growing line of credit, a reverse mortgage can help you make the most of your home while securing your financial future.
If you have any questions or want to explore your options, All Reverse Mortgage, Inc. (ARLO™) is here to help.
Give us a call today at Toll-Free (800) 565-1722 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.
