Long Beach Reverse Mortgages
At All Reverse Mortgage, Inc. (ARLO™), we take pride in being California’s #1 Rated Reverse Mortgage Lender. We have a perfect 5-star rating from the Better Business Bureau and an A+ Exemplary Rating. We’ve been serving communities across California and 15 additional states since 2004, all from our headquarters in Southern California.
We focus solely on reverse mortgages, so you can trust that we have the expertise you need. We’re dedicated to providing you with the best possible rates and the lowest costs, ensuring you get the most out of your home’s equity.
As a HUD-approved lender, we offer national HECM programs and provide non-FHA and Jumbo Reverse Mortgages for those with higher-value homes exceeding the national 2024 lending limit of $1,149,825.
We invite you to compare our reviews, rates, and closing costs with those of any other lender. We’re confident you’ll see the difference and are excited to help you make the most informed decision.
Long Beach Reverse Mortgage Facts
| City | Homeowners Age 62+ | Reverse Mortgages Closed Last 12 Months | Purchase Reverse Mortgages Closed Last 12 Months | Lenders in Long Beach (est) | Avg. Home Value |
|---|---|---|---|---|---|
| Long Beach | 61,073 | 60 | 3 | 44 | $797,917 |
HUD-Approved Direct Lender
At All Reverse Mortgage, Inc. (ARLO™), we are 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 take care of everything, from the application to closing, ensuring you’re in good hands every step of the way.
We serve homeowners in Anaheim, helping those who already own their homes refinance to eliminate their monthly mortgage payments or access their home equity for other needs. Whether you want to pay off your existing loan, free up some extra cash, or do both, we’re here to help.
About Us
Our team at All Reverse Mortgage has deep experience in the industry. In 2008, we were part of the group that introduced the first fixed-rate jumbo reverse mortgage, so we understand both HUD-backed HECM loans and jumbo (or proprietary) loans. This expertise allows us to offer options for homeowners with higher-value homes that may not be fully covered by HUD’s HECM program.
Choosing the right loan can be challenging, but our experienced originators are here to guide you. We’ll explain the options, including the pros and cons of each, so you can make the best decision for your situation. Whether a HUD HECM or a jumbo loan is right for you depends on your unique needs, and we’ll ensure you have all the information to make an informed choice.
For homeowners aged 62 and older, a reverse mortgage can be a valuable financial tool. It’s not just a last resort; many are using it to enhance their retirement plans. With a reverse mortgage, you can eliminate monthly mortgage payments or set up a line of credit that grows over time, helping you live comfortably and plan for the future.
Long Beach Lending Limits
Long Beach, California, is a vibrant coastal city in Los Angeles County, about 20 miles south of downtown Los Angeles. With a population of over 467,000 as of 2024, it is the seventh-largest city in California and one of the most diverse cities in the United States. Long Beach’s history dates back to the late 19th century when it was established as a seaside resort, and it has since grown into a bustling urban center known for its rich cultural heritage, beautiful waterfront, and thriving arts scene.
Long Beach offers residents and visitors a wealth of attractions, including the historic Queen Mary, the Aquarium of the Pacific, and the bustling Shoreline Village. The city’s waterfront area is a hub of activity, with shops, restaurants, and entertainment venues lining the picturesque coastline. Long Beach is also home to several parks and green spaces, including El Dorado Park, which offers hiking trails, picnic areas, and a nature center.
Education and healthcare are major economic drivers in Long Beach, with California State University, Long Beach, and Long Beach Memorial Medical Center among the city’s top employers. The city’s economy is also bolstered by its thriving port, one of the busiest in the world and a major gateway for trade between the United States and Asia.
As of 2024, the median home value in Long Beach is $892,400, reflecting a steady increase in property values over the past year. Many homes in Long Beach fall within the federal reverse mortgage lending limit of $1,149,825, making the Home Equity Conversion Mortgage (HECM) product accessible to most qualified homeowners. Private jumbo reverse mortgage programs are available for those with properties valued above this limit and may better suit those homeowners.
Long Beach enjoys a Mediterranean climate with warm, dry summers and mild, wet winters. Summer temperatures typically range from the mid-70s to low 80s, while winter temperatures are usually in the 50s and 60s, making it a desirable place to live year-round.
If you’re a homeowner in Long Beach aged 62 or older, and you’re curious about how a reverse mortgage could benefit you, All Reverse Mortgage, Inc. (ARLO™) is here to help. Call us today at Toll-Free (800) 565-1722 or visit our calculator to explore your options.
We’re ready to answer your questions and help you make the most of your home’s equity—so you can confidently enjoy your retirement. Don’t wait—reach out to us today!
