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Compare Nevada's Best Reverse Mortgages

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From America's #1 Rated Reverse Mortgage Lender

 Top 10 Reverse Mortgage Lenders in Nevada

Lender Name Years in Business Rating Stars (0-5.0) Positive Reviews Complaints BBB Reviews
All Reverse Mortgage, Inc. (ARLO) 15 A+ 4.9 99% 1 Source
American Advisors Group (AAG) 14 A- 4.1 82% 53 Source
Longbridge Financial, LLC 6 A+ 3.5 70% 2 Source
Reverse Mortgage Funding LLC 6 A+ 3.0 60% 8 Source
One Reverse Mortgage, LLC (Quicken)
11 A+ 3.0 60% 4 Source
Liberty Home Equity Solutions, Inc. 15 A+ 2.1 42% 2 Source
Retirement Funding Solutions (RFS) 9 A+ (N/A) (N/A) 1 Source
Fairway Independent Mortgage 23 A+ 2.1 42% 21 Source
HighTech Lending Inc. 13 A- 2.0 40% 2 Source
Finance of America Reverse LLC 15 A+ 1.0 20% 2 Source
*Source: Lender Ratings as of 11/05/2019

All Reverse Mortgage® is proud to be Nevada'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 all throughout Nevada.

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!

Nevada Reverse Mortgage Facts

StateHomeowners Age 62+Reverse Mortgages Closed Last 12 MonthsPurchase Reverse Mortgages Closed Last 12 MonthsLenders in NevadaAvg. Home Value
Nevada67,61945996154$278,000

HUD Approved Direct Lender

HUD Approved Direct Lender
All Reverse Mortgage® 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 the reverse mortgage program it administers for seniors who are 62 and older.
 

All Reverse Mortgage® originates in Nevada and offers several reverse mortgage options. In some instances, borrowers are looking to pay off their existing loan and eliminate their monthly mortgage payment. Or, if they already have paid off their mortgage, a reverse loan can help borrowers utilize their equity for other purposes. In some cases, borrowers can do both. They also may use a specific type of reverse mortgage to purchase a new home.

All Reverse Mortgage® of Nevada

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 the mortgage of last resort.

Everything from the elimination of existing mortgage payments to the line of credit 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 as well.

 

Nevada Lending Limits

Nevada Facts

Nevada is the 33rd most populous state in the nation and the seventh largest in terms of land area. About 2,998,039 people called the state home in 2017, and most of them live around Las Vegas. Of the state’s total population, 496,565 were estimated to be 62 and older in 2016. About 55% of the population is a homeowner.

Multiple native tribes inhabited this land for at least 10,000 years before Europeans came. The Spanish were the first new explorers and claimed the area as part of New Spain. It later became part of Mexico when the country gained independence in 1821. The territory changed hands to the U.S. following the Mexican-American War. Nevada became the 36th state in 1864.

Las Vegas is the largest city in the state, with more than 2 million residents in its metro area. Once a desert town for ranchers and railroad workers, it quickly became known for its casinos and quick marriages and divorces in the first half of the 1900s. Today, it brings in millions of tourists every year for gambling, entertainment, and other thrills. Among those from Vegas are tennis star Andre Agassi and the rock band the Killers.

Much of Nevada is desert, and it is known as the driest state in the U.S. The average high is 90 degrees Fahrenheit and the average low is 22 degrees Fahrenheit. In the west the summers are short and hot, but the winters do not get very cold.The south has, hot, long summers, and winters are short and mild. Extreme temperatures have spiked at 120 degrees Fahrenheit and dipped to negative 50 degrees Fahrenheit.

Outside of the Las Vegas metro area, which boasts many of the biggest cities in the state, the next largest city is Reno. A literal goldmine, Nevada is one of the largest producers in the world of this precious metal. Las Vegas’ thriving tourism is the basis for many the largest companies in the state, such as MGM Resorts International and Las Vegas Sands. Johnson Electric is the third largest.

The average home value in the state is $278,000, and prices are expected to rise an additional 11.9% in the next year. Given this average, many homes fall below the federal maximum reverse mortgage lending limit of $765,600 that applies to all HECM loans. For more borrowing power above the federal limit, there are jumbo reverse mortgage programs available.

If you reside in Nevada, All Reverse Mortgage® is here to answer your questions.

Nevada Approved Reverse Mortgage Counseling Agencies

No agencies currently available

Did you know? Nevada state does not mandate in-person counseling. Visit our counseling page for a list of phone-based counseling agencies and conduct your required counseling from the comfort of your home.

Additional Resources:
Reversemortgage.org NRMLA Members in Nevada
HUD.GOV Approved Lenders Search

Our Exclusive Programs Designed to Fit Your Needs.

All Reverse Mortgage© has consistently brought exclusive offers to our valued Nevada homeowners. Because of our unique process we're able to offer a better federally-insured reverse mortgage with no compromise.

Take a look at some of our competitive rates that you won't find elsewhere:

Exclusive 3.68% (5.25% APR) Fixed Rate for Life
Government Insured & Jumbo Proprietary Programs
Flexible Credit Lines from 3.33% with the Industries Lowest Lifetime Rate Exposure
ZERO Origination Fee Plans
ZERO Financed Closing Cost Plans
ZERO Monthly Servicing Fees on ALL programs
*Complete form above to receive a comparison of all available programs. Excludes state taxes when applicable. Min loan amount for $0 origination fee is $40,000. *APR ran at $185,000 loan amount / 60% or less PLF utilization. Lifetime rate cap on all adjustable rate plans just 5% over the start rate.

How can we offer you more favorable terms?

We are a direct lender approved by FHA (Federal Housing Administration)
The HECM is literally all we do. All Reverse Mortgage is not just a name for us. We have a very low (almost non-existent) staff turnover and our people are experts.
We don't work with Brokers, allowing us to pass the savings on to you.
We don't hire "celebrity" spokespersons as we don't believe you should have to pay for a lender's expensive marketing budget with higher loan costs.
We Charge Less! Check out our competition and our customer ratings. We never forget that this loan is about you and your needs and we put you first with superior service and lower costs.

All Reverse vs. the others

It may surprise you but those "celebrities" you see all over TV have some of the worst independent consumer ratings in the industry. Compare us and you will see the crystal-clear difference, from customer service to loan terms we never compromise.

HUD approved direct lender.

Working with a local Nevada lender saves you time and money.

As an award-winning direct lender our goal remains simple; to offer you the very best terms accompanied by extraordinary customer service.

What Our Customers Are Saying

"There was no car salesman type of protracted negotiation. All reverse got right down to a good quote without a series of incremental steps."
"I was surprised how easy it was to deal with an out of state company. Actually it was much easier than my previous dealings with local banks and brokers"
"It is a wonderful feeling to have no mortgage and extra cash in our pocket. We are very happy."
"Thank you to All Reverse for handling everything in an efficient and smooth way. Thoroughly appreciate everything you have done to make things easy for me."
"This was the smoothest mortgage process I have ever experienced! And so fast!"

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Nevada Reverse Mortgages
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