Lititz Reverse Mortgage Lenders
At All Reverse Mortgage, Inc. (ARLO™), we are proud to be Pennsylvania’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 Pennsylvania 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 Lititz 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 Department of Banking and Securities (License/Registration #38143)
Lititz Reverse Mortgage Facts
| City | Homeowners Age 62+ | Reverse Mortgages Closed Last 12 Months | Purchase Reverse Mortgages Closed Last 12 Months | Lenders in Lititz (est) | Avg. Home Value |
|---|---|---|---|---|---|
| Lititz | 4,049 | 11 | 7 | 5 | $384,590 |
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 the Home Equity Conversion Mortgage (HECM), commonly known as a reverse mortgage. We handle everything from start to finish, ensuring you’re in trusted hands throughout the process.
We serve Lititz, helping homeowners refinance their homes, whether to eliminate existing mortgage payments or to access their home equity for other needs. Our team is here to guide you whether you’re looking to pay off your current loan, free up some extra cash, or both.
About Us
At All Reverse Mortgage, we bring years of experience as part of the team that introduced the first fixed-rate jumbo reverse mortgage in 2008. This means we’re well-versed in both HUD-backed HECM loans and jumbo (or proprietary) loans, which can benefit homeowners with high-value properties.
Choosing the right loan can be confusing, but we’re here to help. Our experienced originators will walk you through the options, explaining the pros and cons so you can make the best decision for your needs. Whether a HUD HECM or a jumbo loan is right for you depends on your unique situation, and we’ll make sure you have all the information you need.
For homeowners aged 62 and above, a reverse mortgage can be a powerful financial tool. It’s not just a last resort; many now use it as part of their retirement planning. Whether you’re looking to eliminate your monthly mortgage payments or set up a line of credit that grows over time, a reverse mortgage could help you live comfortably and plan for the future.
Lititz, Pennsylvania Reverse Mortgage Lending Limits
Located in Lancaster County, Lititz, Pennsylvania, is a charming borough with a rich history, founded in 1710. Despite being a small town with a population of just under 10,000 residents, Lititz has earned recognition, including being named one of America’s best small towns in 2013.
A Community for Seniors
Approximately 25.6% of Lititz’s population are senior homeowners aged 62 or older. The town’s economy is largely driven by manufacturing and healthcare. For recreation, residents can visit nearby Lancaster or explore local attractions like the Heritage Map Museum or the Lititz Moravian Historic District.
Housing Market and Reverse Mortgage Options
As of January 2024, the median home value in Lititz is $384,590, reflecting a 12.3% increase in the past year. Most homes in Lititz fall below the federal reverse mortgage lending limit of $1,149,825, making them eligible for HECM loans. For homeowners whose properties exceed this value, there are jumbo loan programs available to access a greater portion of home equity.
Access Your Home’s Equity with a Reverse Mortgage
If you’re a senior homeowner in Lititz, a reverse mortgage could provide you with an opportunity to eliminate monthly mortgage payments and access additional retirement funds. All Reverse Mortgage, Inc. (ARLO™) is here to guide you through the process.
Visit our reverse mortgage calculator or call us Toll-Free at (800) 565-1722 to explore your reverse mortgage options today.
