Orange County Reverse Mortgage Lenders
All Reverse Mortgage, Inc. (ARLO™) is proud to be California'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 headquarters are right here in Orange County, CA.
All Reverse Mortgage was incorporated in Orange, 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 2020 lending limit of $970,800.
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!
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 Orange County 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.
Orange County Reverse Mortgage Facts
||Homeowners Age 62+
||Reverse Mortgages Closed Last 12 Months
||Purchase Reverse Mortgages Closed Last 12 Months
||Lenders in Orange County (est)
||Avg. Home Value
About All Reverse Mortgage, Inc. (ARLO™)
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
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.
Orange County Lending Limits
There are several reasons why Orange County is the third most populous county in the State of California, and the sixth most populous county in the United States.
More than three million people call Orange County home, drawn to the area’s abundance of beaches, parks and seemingly unlimited opportunities for outdoor
activities. With 34 incorporated cities located within the county, Orange County offers a variety of diverse locales for housing, shopping, entertainment and tourism.
Of the more than three million people living in Orange County, approximately 15% are people age 65 and older, according to the most recent U.S. Census
Bureau data. Included within this population are the 218,000 homeowners age 62 and older who are eligible for a HECM reverse mortgage.
The median home price in Orange County is $672,700, according to the Zillow Home Value Index. This puts many homes above the HUD loan limit of $970,800,
but homeowners with higher valued properties can still benefit from getting a reverse mortgage. These homeowners may instead want to consider a jumbo
reverse mortgage, which could allow them to access a greater portion of their home equity than they otherwise could with a HECM reverse mortgage.
Reverse mortgages might not be the perfect solution for every homeowner, but depending on your particular situation, a HECM could be something to
consider as you near your retirement years.
If you reside in Orange County, All Reverse Mortgage, Inc. (ARLO™) is here to answer your questions.
Reversemortgage.org NRMLA Members in California
HUD.GOV Approved Lenders Search
All Reverse Mortgage 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.
Orange County Direct Lender
Working with a HUD Approved 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.