Lake Havasu City Reverse Mortgage Lenders
At All Reverse Mortgage, Inc. (ARLO™), we are proud to be Arizona’s top-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 Arizona 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 Arizona.
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 Arizona Department of Financial Institutions (License/Registration #BK0934287)
Lake Havasu City Reverse Mortgage Facts
| City | Homeowners Age 62+ | Reverse Mortgages Closed Last 12 Months | Purchase Reverse Mortgages Closed Last 12 Months | Lenders in Lake Havasu City (est) | Avg. Home Value |
|---|---|---|---|---|---|
| Lake Havasu City | 7,750 | 14 | 0 | 8 | $376,121 |
HUD-Approved Direct Lender
At All Reverse Mortgage, Inc. (ARLO™), we’re proud to be approved by the Department of Housing and Urban Development (HUD) to offer and manage the HUD Home Equity Conversion Mortgage, commonly known as the HECM or “reverse mortgage.” This program is designed to help homeowners like you access the equity in your home, providing financial flexibility during your retirement years.
In Lake Havasu City, we assist homeowners in refinancing their existing loans to eliminate monthly mortgage payments or to access their home equity for other needs. Whether you’re looking to pay off your current mortgage, use your home equity for new opportunities, or a combination of both, we’re here to guide you every step of the way.
About All Reverse Mortgage, Inc.
Our team has extensive experience with reverse mortgages, including jumbo or proprietary loans for higher-value homes. We were part of the team that created and sold the first fixed-rate jumbo reverse mortgage back in 2008. This experience enables us to offer you the right product for your needs, whether it’s a HUD HECM or a specialized jumbo program. Our seasoned professionals will explain the benefits of each option, helping you make an informed decision.
Lake Havasu City Lending Limits
Lake Havasu City, located at the southwestern tip of Arizona, is a scenic community known for its beautiful desert landscape and rich history. Initially established as a rest camp during World War II, the city was revitalized in the 1960s by businessman Robert P. McCulloch, most famous for relocating and rebuilding the iconic London Bridge in the area. The city’s warm climate and picturesque setting have made it a popular retirement destination, recognized as one of the best places to retire in the country. Lake Havasu City offers a wide range of senior services catering to its senior population, including assisted living and home care.
According to U.S. Census Bureau data, 27% of Lake Havasu City’s population is 65 and older, with 88% owning homes. This reflects a strong senior homeowner base that makes Lake Havasu City their long-term residence.
As of January 2024, the median home value in Lake Havasu City is $376,121, which is higher than the Arizona state average. While most homes in the city fall below the HUD HECM lending limit of $1,209,750, homeowners with properties valued above this limit can explore jumbo reverse mortgage programs, allowing them to access additional equity from their homes.
Reverse mortgages may not be the perfect solution for every homeowner, but they can be a valuable financial tool for many. Depending on your circumstances, a HECM (Home Equity Conversion Mortgage) could be an excellent option to help support your retirement years.
If you reside in Lake Havasu City, All Reverse Mortgage, Inc. (ARLO™) is here to help you explore your options. Call us toll-free at (800) 565-1722.
