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Compare Oahu's Best Reverse Mortgages

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In your current area homeowners are currently utilizing reverse mortgages to better enhance their retirement years, with nationwide!
The amount you receive is based on your home’s value, your age, and current interest rates. Let’s start with your address so I can estimate your home value…
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The minimum qualifying age for a reverse mortgage is 55. If you are within 6 months from your next birthday, I will automatically calculate you a year older.
Tip! Don’t forget to include your spouse’s age, even if they are not yet 55, as loan proceeds are always based on the age of the youngest spouse.
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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 2022 lending limit of $1,089,300.

Oahu Reverse Mortgage Facts

City Homeowners Age 62+ Reverse Mortgages Closed Last 12 Months Purchase Reverse Mortgages Closed Last 12 Months Lenders in Oahu (est) Avg. Home Value
Oahu 51,000 17 1 3 $466,600

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 $1,089,300 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.

Additional Resources:
Reversemortgage.org NRMLA Members in Hawaii:
HUD.gov Approved Lenders Search:

Oahu Senior Population and Lending Limits

The city of Oahu is also home to a large and thriving senior community, with as much as 31% of the city’s total population of over 40,000 people being seniors aged 65 and over. Over 6,500 homeowners currently living in Oahu are at least age 62, the youngest age at which a person can be eligible to obtain a reverse mortgage. Several of these older homeowners have already done their research and begun using reverse mortgages to support their retirement needs.

The median home price in Oahu is $366,600, according to the Zillow Home Value Index. Prices in the area have increased 5.1% since 2018, and Zillow projects that they will continue to rise over the course of the next year.

While some homes in Oahu may be worth more than this median value, if your home has been appraised for more than the HUD lending limit of $1,089,300, you may still be able to tap into your home equity with the help of a reverse mortgage.

If you're a homeowner who fits this description and you're interested in using a reverse mortgage to supplement your retirement, you might want to consider a jumbo reverse mortgage, from which you may be able to access a greater portion of your home equity than you otherwise would with a HUD-backed HECM reverse mortgage.

Reverse mortgages might not be the perfect solution for every homeowner, but depending on your situation, a HECM could be something to consider as you approach your retirement years.

If you reside in Oahu, All Reverse Mortgage, Inc. (ARLO™) is here to answer your questions

Our Exclusive Programs Designed to Fit Your Needs.

All Reverse Mortgage© has consistently brought exclusive offers to our valued Oahu 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 program benefits that you won't find elsewhere:

Exclusive 5.81% (6.81% APR) Fixed Rate for Life
Government Insured & Jumbo Proprietary Programs
Flexible Credit Lines from 4.88% with the Industries Lowest Lifetime Rate Exposure
ZERO Origination Fee Options
ZERO Financed Closing Cost Options (*on select jumbo programs)
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 $100,000. *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 Oahu, HI 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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