Maryland's #1 Reverse Mortgage
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ARLO™Reverse Mortgage Calculator
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| Lender | Rating | Years in Business | Stars (0-5) | Good Review % | Complaints | BBB |
|---|---|---|---|---|---|---|
| All Reverse Mortgage, Inc. (ARLO) | A+ | 19 | 4.9/5 | 99% | 0 | Source |
| Advisors Mortgage Group | A+ | 24 | 1.6/5 | 33% | 4 | Source |
| American Advisors Group (AAG) | A | 19 | 4.7/5 | 94% | 82 | Source |
| American Pacific Mortgage | F | 27 | 1.0/5 | 20% | 15 | Source |
| Ennkar Inc. | A+ | 13 | 3.6/5 | 73% | 3 | Source |
| Fairway Independent Mortgage | A+ | 27 | 4.9/5 | 98% | 43 | Source |
| Finance of America Reverse LLC (FAR) | A+ | 20 | 1.5/5 | 31% | 18 | Source |
| GoodLife Home Loans | A+ | 11 | 4.4/5 | 88% | 1 | Source |
| Guild Mortgage Company (Formerly Cherry Creek LLC) | A+ | 63 | 1.3/5 | 26% | 52 | Source |
| HighTechLending Inc | NR | 15 | 3.0/5 | 60% | 1 | Source |
| Liberty Home Equity Solutions Inc. | A+ | 20 | 1.00/5 | 20% | 3 | Source |
| Longbridge Financial LLC | A+ | 11 | 3.9/5 | 79% | 15 | Source |
| Mid America Mortgage Inc. | NR | 65 | 3.0/5 | 60% | 0 | Source |
| Moneyhouse | A+ | NA | NA | NA | 0 | Source |
| Movement Mortgage, LLC | A+ | 16 | 4.7/5 | 95% | 110 | Source |
| Mutual of Omaha Mortgage | A+ | 10 | 4.8/5 | 96% | 60 | Source |
| Open Mortgage LLC | A+ | 20 | 2.8/5 | 56% | 1 | Source |
| Plaza Home Mortgage Inc | A+ | 23 | 1.8/5 | 36% | 27 | Source |
| Smartfi Home Loans | A+ | 4 | NA | NA | 0 | Source |
| South River Mortgage, LLC | A+ | 4 | 2.3/5 | 46% | 14 | Source |
The BBB is one of the last review sites that does not accept monetary influence in their ratings or posted reviews.
All Reverse Mortgage, Inc. (ARLO™) is proud to be Maryland's #1 Rated Reverse Mortgage Lender celebrating 19 Years of excellence. We are the only MD company awarded an A+ Rating by the BBB with perfect 5-Star Reviews.
Since we started in 2004, our goal has remained simple: to offer the best terms with unbeatable customer service.
We are HUD Approved and offer a full suite of HECM & Jumbo Reverse Mortgages.
Compare our competitive rates and lower costs to any competitor and realize thousands more from your home’s equity!
The difference is clear, and we can’t wait to show you!
Maryland Reverse Mortgage Facts
| State | Homeowners Age 62+ | Reverse Mortgages Closed Last 12 Months | Purchase Reverse Mortgages Closed Last 12 Months | Lenders in Maryland | Avg. Home Value |
|---|---|---|---|---|---|
| Maryland | 246,494 | 345 | 34 | 67 | $418,269 |
Data shown includes all cases with beginning endorsement date between January 01, 2023 and December 31, 2023
Maryland Lending Limits
The Old Line state has a population of 6,042,718 and 378,983 of those people are homeowners age 62 and older, which means more than three hundred and fifty thousand people may be eligible for a reverse mortgage.
The median home value in Maryland is $377,400, which is much lower than the HECM reverse mortgage lending limit of $1,149,825.
One of the original 13 colonies, the state of Maryland’s history predates the United States. The state’s earliest seeds go back to 1632, when George Calvert, 1st Baron Baltimore, applied for a royal charter to create the Province of Maryland. The region was granted statehood on April 28, 1788, thus beginning a long and storied portion of American history.
Among the more notable early chapters in Maryland’s history, pre- and post-statehood, include the 1763 creation of the Mason-Dixon Line, the Maryland-inspired penning of the Star-Spangled Banner in 1814, the Battle of Antietam in 1862, and the flight training exercises by Wilbur Wright that helped create the world’s oldest continually operating airport.
Today, with approximately 611,600 residents, Baltimore is Maryland’s largest city and home to the groundbreaking Johns Hopkins University and the Johns Hopkins Hospital. In popular culture, the city is the proud home of Edgar Allan Poe and now known for the films of Barry Levinson and John Waters and the HBO television show The Wire. The capital of Maryland is Annapolis, located about 30 miles east of Washington, D.C.
With a variety of geographical forces at play, Maryland’s climate is rather diverse. Though the state on a whole ranks 20th in the U.S. in average temperature, individual sections of the state range from an annual average of 48 degrees in the western portion to 59 in the southeast.
Along with Baltimore and Columbia, the largest cities and census-designated places in Maryland are Germantown, Silver Spring and Waldorf. The state’s economy improved nominally in 2017, with job growth up 1.8%. Forbes ranked the state 26th in its Best States for Business rankings. Maryland still provides workers with opportunities at some of the country’s most successful businesses; Marriott International, Lockheed Martin and the Social Security Administration are all based in Maryland.
Reference:
Maryland population
Maryland home values
Other Areas of Interest in Maryland
| Agency Name | Phone | Address | Website | Agency ID | Languages |
|---|---|---|---|---|---|
| DRUID HEIGHTS COMMUNITY DEVELOPMENT CORP. | 410-523-1350 | 2140 McCulloh St Baltimore, Maryland 21217-3529 | www.druidheights.com | 80763 | English |
| GUIDEWELL FINANCIAL SOLUTIONS, INC | 443-451-1689 | 757 Frederick Rd 2nd Floor Baltimore, Maryland 21228-4500 | www.guidewellfs.org | 90302 | English Spanish |
| SOUTHEAST COMMUNITY DEVELOPMENT CORPORATION | 410-342-3234 | 3323 Eastern Ave Suite 200 Baltimore, Maryland 21224-4109 | www.southeastcdc.org | 81066 | English Spanish |
| HARFORD COUNTY HOUSING AGENCY | 410-638-3045 | 15 S Main St Ste 106 Bel Air, Maryland 21014-8723 | www.southeastcdc.org | 80331 | English Spanish |
| CECIL COUNTY HOUSING AGENCY | 410-996-8216 | 200 Chesapeake Blvd Ste 1800 Elkton, Maryland 21921-6682 | www.harfordhousing.org | 84087 | English Spanish |
| FREDERICK COMMUNITY ACTION AGENCY | 301-600-1506 | 100 S Market St FREDERICK, Maryland 21701-5527 | www.ccgov.org/dept_housing/index.cfm | 81056 | English Spanish |
| WASHINGTON COUNTY COMMUNITY ACTION COUNCIL (WCCAC) | 301-797-4161 | 117 Summit Ave Hagerstown, Maryland 21740-5508 | www.cityoffrederick.com/fcaa | 81797 | English |
| HOUSING INITIATIVE PARTNERSHIP, INC. (HIP) | 301-699-3835 | 6525 Belcrest Road Suite 555 HYATTSVILLE, Maryland 20782-2003 | www.wccac.org | 81843 | English Spanish |
| ASIAN -AMERICAN HOMEOWNERSHIP COUNSELING INC. | 301-760-7636 | 12320 Parklawn Drive ROCKVILLE, Maryland 20852-1726 | www.aa-hc.org | 80375 | Chinese Mandarin English Hindi Korean Spanish |
Did you know? California state does not mandate in-person counsleing. Visit our counseling page for a list of phone-based counseling agencies and conduct your required counseling from the comfort of your home.
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