Oahu's #1 Reverse Mortgage

Oahu Reverse Mortgage Lenders

All Reverse Mortgage, Inc. (ARLO™) is proud to be Hawaii’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.

All Reverse Mortgage was incorporated 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 through the national Home Equity Conversion Mortgage (HECM) programs and offer a suite of Non-FHA & Jumbo Reverse Mortgages to better suit homeowners in Hawaii with higher value homes over the national 2024 lending limit of $1,149,825.

Oahu Reverse Mortgage Facts

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 Oahu 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, Inc. (ARLO™) of HI

The owners and management of All Reverse Mortgage, Inc. (ARLO™) 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 well. Jumbo or proprietary programs typically offer much lower Principal Limits as they relate to values, 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.

Oahu Details

Oahu, or “O’ahu”, known as “The Gathering Place”, amongst the Hawaiian islands, is the third largest Hawaiian island in terms of land mass
and has the largest population, with roughly 1 million residents. It is situated between Kauai to the northwest and Molokai to the southeast,
with Hawaii’s capital city of Honolulu located on the island’s southern coast.

Oahu is nearly 600 square miles in size, at 44 miles long and 30 miles across, with roughly 227 miles of shoreline. The island is home to two
groups of mountains: the Koolau (“Koʻolau”) and Waianae (“Waiʻanae”) ranges. Oahu is also known for being the home of Pearl Harbor and
its historic past as the site of Japan’s bombing attacks of Pearl Harbor and the U.S. on December 7, 1941, formalizing the United States’ entry
into World War II.

Further back in Oahu’s history, the island was established in roughly the Fifth Century, with King Kamehameha conquering Oahu in 1795 to unite the
islands of Hawaii. Previously, the capital city was Lahaina, on the island of Maui, before moving to Honolulu in 1845. In 1898 the Hawaiian Islands
were annexed by the United States in 1898 and was a U.S. territory before becoming a state in 1959.

In addition to its historical significance, Oahu is known as a world-renowned big wave surf destination, with its famed North Shore as the site of
numerous surf contents at Waimea Bay and Sunset Beach. It is also home to Hanauma Bay, which sits within Koko Head
Regional Park as a popular snorkeling destination; and Diamond Head, a former volcano that is now one of the island’s most
visited sites. Along with Honolulu, which is home to the main campus of the University of Hawaii, Oahu’s major cities include
Hailua, Kaneohe and Wahiawa.

Oahu is home to many world-class beaches, including Sunset Beach, Waimea Bay Beach Park, Ehukai Beach, Haleiwa Alii Beach State Park,
Haleiwa Beach Park, Chun’s Reef, Ke Waena Beach and Kawela Bay all along the island’s North Shore. To the east, or the windward coast,
Oahu offers Kualoa Regional Park and Makapuu Beach Park. The South Shore is home to what is perhap’s Oahu’s most famous beach,
Waikiki Beach. Waikiki is actually made up of several beaches including Duke’s Beach, Kuhio Beach (nicknamed “Kuhio Ponds”), Queen’s
Surf Beach, and Sans Souci. Also along the South Shore visitors flock to Ala Moana Regional Park, and Magic Island Lagoon,
which is a manmade peninsula serving as a destination for families with children due to its shallow lagoon and large seawalls.
On the west side of the island, or the Leeward Coast, Oahu is home to Depot Beach Park, Makaha Beach, Keawaula Beach,
and Ko Olina Resort and Marina — another destination known for its manmade lagoons and family-friendly resorts.

Economically, tourism is a major driver for the island of Oahu, which counted roughly 1.5 million arrivals by air in 2020, according to
Hawaii Tourism Authority. This figure was down significantly from previous years due to Covid-19 pandemic-related travel restrictions.
The average daily census in 2019 was 114,596 visitors, with the majority of visitors traveling from mainland U.S. locations. Also,
according to the Hawaii Tourism Authority, more than 70% of Oahu’s visitors in 2020 traveled for vacation. Other travelers visited
for conventions and professional gatherings, honeymoons and to visit family and friends.

Like its fellow Hawaiian Islands, Oahu has two seasons: summer and winter, with the average daily temperature in August and September
running as high as 89 degrees and averages during the winter falling around 80 degrees.
The island’s west side tends to be drier, with greener landscape to the east.
Hurricane season generally falls between June and November, with the island’s
climate heavily influenced by trade winds, which typically come from east to west. During
the winter months, Oahu can see waves of up to 30 to 40 feet on the North Shore, making it a
prime time for surfers to visit.

According to Realtor.com, the median listing home price in Oahu, Hawaii was $785,000 in January 2022, an increase of 21% year over year.
The median listing home price per square foot was $598. These averages mean that many homes are valued near the federal maximum
reverse mortgage lending limit of $1,149,825 that applies to all HECM loans. For more borrowing power above the federal limit for
higher-valued homes, there are jumbo reverse mortgage programs available.

Did you know? Hawaii 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.