Naple's #1 Reverse Mortgage
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All Reverse Mortgage, Inc. (ARLO™) is proud to be Florida's #1 Rated Reverse Mortgage Lender by the BBB with a Perfect 5.0 Stars and A+ Exemplary Rating. We currently lend in 16 states and our headquartered in Southern California.
All Reverse Mortgage was incorporated in CA November 2004 and as the name implies, the only loan product that All Reverse Mortgage, Inc. (ARLO™) originates is in fact, the reverse mortgage.
We’re committed to be your lender because you deserve the best rate at the lowest price possible.
We’re a HUD Approved direct lender lending the national HECM programs and offer a suit of Non-FHA & Jumbo Reverse Mortgages to better suit homeowners in SoCal with higher value homes over the national 2023 lending limit of $1,089,300.
We welcome you to compare our reviews and our lower rates and closing costs to any other major lender! The difference is clear, and we can’t wait to show you!
Naples Reverse Mortgage Facts
|City||Homeowners Age 62+||Reverse Mortgages Closed Last 12 Months||Purchase Reverse Mortgages Closed Last 12 Months||Lenders in Naples (est)||Avg. Home Value|
HUD Approved Direct Lender
All Reverse Mortgage, Inc. (ARLO™) is approved with the Department of Housing and Urban Development (HUD) to originate, underwrite and close the HUD Home Equity Conversion Mortgage (HECM, or "Heck-um"). The HECM is HUD's acronym for their reverse mortgage loan.
All Reverse Mortgage, Inc. (ARLO™) originates in Naples and closes both refinance loans, where borrowers already own their home and are looking to either pay off their existing loan and have no more monthly mortgage payment, utilize their equity for other purposes if they have no existing loan, or possibly a combination of both.
About All Reverse Mortgage®
The owners and management of All Reverse were part of the team that wrote and sold the first fixed rate jumbo reverse mortgage in 2008 and as such, have extensive experience in jumbo or proprietary loan programs as well. We are always looking for new products to offer to borrowers of high valued homes in the higher home priced markets that the HUD HECM may just not serve as well. Jumbo or proprietary programs typically offer much lower Principal Limits as they relate to values though so not all borrowers are better served with the jumbo programs.
Only a seasoned originator can readily inform borrowers which program will best suit their needs and the positives and negatives of each so that the borrower can make an informed decision. It is no longer uncommon anywhere in the country for a market to be a solid HUD HECM market and then within just a short distance for a niche jumbo market to be located where there is a need for a jumbo program.
Therefore, homeowners aged 62 and above in all markets have seen that the reverse mortgage can be a very solid financial tool and many are now seeking the reverse mortgage to augment their retirement plans and not so much as a mortgage of last resort. Everything from the elimination of the existing mortgage payments to the line of credit that grows that grows make reverse mortgage borrowers understand that this program allows them to utilize their homes to not only live comfortably in their family home, but to plan for the future as well.
Naples, Florida, is a southern city on the state’s Gulf Coast, and has long been a retirement destination drawing residents from around the U.S. Located in Collier, County, Florida, the greater city has a population of roughly 20,000 and is part of the larger Naples-Marco Island metro area, which comprises around 375,000 residents.
The city of Naples and the surrounding area draw many tourists each year, bringing visitors to natural attractions including Everglades National Park to the south, Corkscrew Swamp Sanctuary, Big Cypress National Park, Ten Thousand Islands National Wildlife Reduce, and Florida Panther National Wildlife Refuge, among other area destinations. Naples is home to a vibrant downtown walking district featuring numerous restaurants, shops and galleries, as well as performing arts venues and the nearby Tin City shopping area. The city also hosts the CME Group Tour LPGA Championship each year at the local Tiburon Golf Club. Beachgoers including locals and visitors enjoy a variety of beach destinations from Vanderbilt Beach to Seagate Beach, Lowdermilk Beach Park, Delnor-Wiggins Pass State Park and Clam Pass Beach Park, among others.
Naples residents enjoy a tropical savanna climate that tends to be sunny and very warm. The area sees average high summer temperatures around 90 degrees fahrenheit, and average winter temperatures in the mid- to upper-70s. The average precipitation is around 50 inches per year.
Known for its white sand beaches and abundant golf courses, Naples is among the wealthiest cities in Florida, with a median household annual income of nearly $120,000 as of the 2020 U.S. Census. More than half of the population is age 65 or older, meaning many Naples residents qualify for reverse mortgage loans.
The median home value in Naples, Florida, is $629,267 - an increase of 26 percent in the last year. Many Naples homes are well within the federal reverse mortgage lending limit of $1,089,300, while others exceed it, making jumbo reverse mortgage programs a viable option for those qualifying homeowners. For those with homes valued above the federal lending limit, there are several private jumbo reverse mortgage programs available that may better suit those homeowners.
If you reside in Naples, All Reverse Mortgage, Inc. (ARLO™) is here to answer your questions.