Experience Excellence with Oregon’s Top Reverse Mortgage Lender

For over 20 years, All Reverse Mortgage, Inc. (ARLO™) has helped Oregon homeowners access their home equity through HUD-approved HECM and jumbo reverse mortgages. As Oregon’s #1 Rated Reverse Mortgage Lender, we hold an A+ BBB rating with perfect 5-star reviews and zero complaints — a record that earned us recognition as a BBB Torch Award for Ethics Finalist three years running.

As a HUD-approved direct lender and proud member of the National Reverse Mortgage Lenders Association (NRMLA), we specialize exclusively in reverse mortgages — it’s all we’ve done since 2004. That singular focus is especially valuable in Oregon, where steady appreciation has pushed home values in the Portland metro — including Lake Oswego, West Linn, and the West Hills — well above the statewide average, and properties in Bend, Ashland, and along the coast in Cannon Beach and Newport often approach or exceed the $1,249,125 HECM lending limit. Our team introduced the first fixed-rate jumbo reverse mortgage in 2008, giving us the expertise to help Oregon homeowners evaluate both HECM and jumbo options and choose the program that fits their goals.

Whether your goal is to eliminate monthly mortgage payments, create a financial safety net with a growing line of credit, or access equity for retirement planning, we’re here to help you choose the right program with competitive rates and lower costs. Let us show you the difference two decades of dedicated experience can make.

Oregon reverse mortgage statistics for 2026 showing 780,000 homeowners age 62 and older, 614 reverse mortgages closed in the last 12 months, 35 active lenders, and an average home value of $497,800.

Key Facts About Oregon Reverse Mortgages

Top 10 Reverse Mortgage Cities in Oregon
1   Portland
2   Bend
3   Redmond
4   Grant’s Pass
5   Gresham
6   Terrebonne
7   West Linn
8   Central Point
9   Newport
10   Newberg

Data by MCA (January 2026)

Latest Reverse Mortgage Statistics for Oregon (2026 Update)

StateHomeowners Age 62+Reverse Mortgages Closed Last 12 MonthsLenders in OregonAvg. Home Value
Oregon780,00061435$497,800

How this data was derived: Reverse mortgage counts reflect FHA-insured HECM loans endorsed over a rolling 12-month period (Dec 2024–Nov 2025) using HUD HECM Snapshot data. Active lenders represent unique FHA sponsor numbers with at least one endorsed loan during this period. Estimated homeowners age 62+ are based on U.S. Census ACS 5-year owner-occupied households age 65+ as a conservative proxy. Home values are sourced from Zillow’s Home Value Index (latest available).

Top Reverse Mortgage Lenders in Oregon

LenderBBB RatingAccreditedYears in BusinessCustomer Rating (0–5)% Positive ReviewsComplaintsSource
All Reverse Mortgage, Inc. (ARLO)A+YES214.94/599.0%0Source
American Pacific MortgageFNO281.75/535.0%6Source
CrossCountry Mortgage, LLC.FYES221.43/529.0%303Source
Fairway Independent MortgageA+YES294.51/590.0%26Source
Finance of America Reverse LLC (FAR)A+YES223.71/574.0%36Source
Goodlife Home LoansA+YES13N/A (Not enough reviews)N/A (Not enough reviews)1Source
Guaranteed RateA+YES262.25/5450%45Source
Guild Mortgage Company LLCA+NO651.55/531.0%73Source
HighTechLending IncA+YES194.94/599.0%1Source
Liberty Home Equity Solutions Inc.A+NO221.00/520.0%1Source
Longbridge Financial LLCA+YES133.77/575.0%34Source
Luminate BankNRNO84NANANASource
MCM HoldingsA+YES27NANANASource
The Money HouseNRNO28NANA0Source
Movement Mortgage, LLCA+NO184.43/589.0%92Source
Mutual of Omaha MortgageA+YES123.31/566.0%65Source
New American FundingA+YES264.65/593.0%147Source
Plaza Home Mortgage IncA+YES242.67/553.0%6Source
Smartfi Home LoansA+YES6N/A (Not enough reviews)N/A (Not enough reviews)0Source
South River Mortgage, LLCA+NO63.79/576.0%14Source
Source: Data compiled from https://www.rminsight.net/hecm-lenders-september-2025/ RMInsight (Top 20 HECM Lenders, October 1, 2025 and Better Business Bureau reviews updated as of December 10, 2025)

Oregon Reverse Mortgage Lending Limits for 2026

Oregon, known as “The Beaver State,” has a population of over 4.2 million, with more than 780,000 homeowners aged 62 and older. This means that over a quarter of a million Oregonians may qualify for a reverse mortgage, providing a way to access their home’s equity.

With an average home value of $497,800, Oregon sits higher than the national average and within comfortable reach of the HECM lending limit. However, the Portland metro area — where values in neighborhoods like the Pearl District, Dunthorpe, and Lake Oswego regularly exceed the statewide average — and popular retirement destinations in Central Oregon and along the coast mean that a meaningful number of Oregon homeowners may benefit from comparing HECM and jumbo options.

Oregon’s no-sales-tax policy, temperate climate in the Willamette Valley, and access to outdoor recreation from Mt. Hood to the Oregon Coast have made it a top destination for retirees relocating from higher-cost states like California and Washington. For homeowners who have built substantial equity over the years, a reverse mortgage can be a strategic way to access that equity without selling the home they love.

If you reside in Oregon, All Reverse Mortgage, Inc. (ARLO™) is here to answer your questions and provide the support you need to make the best decision for your financial future.

Essential Protections and Requirements for Oregon Reverse Mortgages

In Oregon, reverse mortgages are governed by federal guidelines and additional state-specific protections to ensure transparency and consumer confidence. For those considering a reverse mortgage, here are the key requirements and safeguards you should know:

  1. Mandatory HUD-Approved Counseling — Oregon requires all reverse mortgage applicants to complete a HUD-approved counseling session before proceeding with the loan. This ensures borrowers fully understand the loan’s structure, benefits, and potential alternatives. A signed certificate must be presented to the lender before the application is finalized.
  2. Protection Against Tied Financial Products — Oregon prohibits lenders from requiring borrowers to purchase additional financial products, such as annuities, as a condition of obtaining a reverse mortgage. This ensures a fair and unbiased process.
  3. Clear Disclosure of Tax and Insurance Responsibilities — Borrowers are required to maintain their property taxes, homeowners insurance, and home maintenance. Oregon lenders must clearly disclose these obligations to prevent misunderstandings that could lead to foreclosure.
  4. Cooling-Off Period — Oregon provides borrowers with a mandatory waiting period before finalizing a reverse mortgage. This allows time to review loan terms and consult with trusted advisors or family members, ensuring a well-informed decision.
  5. Licensed Loan Originators — All reverse mortgage lenders operating in Oregon must be properly licensed and adhere to strict state standards for professionalism and transparency, giving borrowers confidence in the lending process.
  6. Equity Safeguards Under Oregon Law — Oregon protects homeowners by enforcing strict rules on equity preservation, ensuring borrowers retain control of their home’s equity and that reverse mortgage terms are clear and beneficial.

HUD-Approved Reverse Mortgage Counseling Agencies in Oregon

NameAgency IDAddressPhoneWeb Site
CCCS OF SOUTHERN OREGON81735820 Crater Lake Ave, Medford, Oregon, 97504-6581(541) 779-2273improvedcredit.org
HOUSING OPTIONS PROVIDED FOR THE ELDERLY904355200 Meadows Rd Ste 150, Lake Oswego, Oregon, 97035-0066(971) 207-7820hopeforseniorsstl.org
NEIGHBORIMPACT811562303 SW 1st St, Redmond, Oregon, 97756-7133(541) 323-6567neighborimpact.org
NEIGHBORIMPACT - MADRAS HOUSING CENTER84789374 SW 5th St, MADRAS, Oregon, 97741-1344(541) 318-7506neighborimpact.org
NEIGHBORIMPACT - PRINEVILLE HOUSING CENTER84788457 NE Ochoco Plaza Dr, Prineville, Oregon, 97754-8467(541) 323-6567neighborimpact.org
NEIGHBORIMPACT- BEND HOUSING CENTER9021120310 Empire Ave., Suite A100, BEND, Oregon, 97703-5723(541) 323-6567neighborimpact.org
The information presented in this table was obtained from the U.S. Department of Housing and Urban Development (HUD) at https://answers.hud.gov/housingcounseling as of January 24, 2026.

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

Q.

Will a reverse mortgage affect my Senior Property Tax Deferral in Oregon?

You cannot participate in Oregon’s Senior and Disabled Property Tax Deferral Program while you have a reverse mortgage. Oregon’s program allows qualifying homeowners aged 62 or older (or disabled) to defer their property taxes, with the deferred amount becoming a lien on the property. All reverse mortgage programs prohibit participation in a tax deferral program and require that you pay your taxes on time when they come due in order for the loan to remain in good standing. If you are currently participating in the deferral program and wish to obtain a reverse mortgage, you will be required to cancel participation and pay all deferred taxes at the time of closing in order to be eligible for the loan. After closing, you must continue to pay all taxes on the home as they come due. Any future participation in a tax deferral program after obtaining a reverse mortgage loan will result in the loan being called due and payable.
Q.

How does a reverse mortgage affect Oregon Health Plan (Medicaid) eligibility?

Having a reverse mortgage loan on your home in and of itself does not usually affect your eligibility for the Oregon Health Plan (OHP). It is our understanding that OHP eligibility is determined by household income and residency. Funds available to you in your reverse mortgage line of credit should not be factored into that equation. However, if you advance funds from a reverse mortgage loan to your bank account and leave the funds there, there is a possibility you could compromise your eligibility if the state also reviews your bank accounts to determine eligibility. It is important to consult with an elder law attorney before getting a reverse mortgage if you’re receiving or planning to apply for the Oregon Health Plan.
Q.

What is Oregon’s Medicaid Estate Recovery Program, and how does it relate to reverse mortgages?

Oregon’s Medicaid Estate Recovery Program is managed by the Estate Administration Unit (EAU), and it seeks reimbursement for long-term care costs. Oregon has one of the more aggressive estate recovery programs in the country and can pursue recovery beyond just the probate estate, including assets held in living trusts, joint tenancy, and life estates. After death, the state may file a claim or lien against the estate to recover those costs. When you have a reverse mortgage on your home, the reverse mortgage loan is a secured debt that is repaid first from the sale proceeds upon death. Any Medicaid Estate Recovery claim would be secondary to the reverse mortgage lien. This means that both the reverse mortgage lender and the state may have claims against the home’s equity when you pass away, potentially leaving less for your heir(s). Given Oregon’s broader recovery authority, it is especially important to consult with an elder law attorney if you are receiving or may need Medicaid benefits.
Q.

Does my spouse need to be on the reverse mortgage in Oregon?

Short answer is no. Your spouse does not have to be a borrower on the reverse mortgage loan. That said, your spouse must always be involved in the loan process, even if they will be a non-borrowing spouse. Reverse mortgage loan guidelines require that, at a bare minimum, your spouse must do the counseling with you and sign specific documents acknowledging the reverse mortgage loan and what their rights are (if any) as a non-borrowing spouse. It is definitely preferred if your spouse can be a co-borrower with you on any reverse mortgage loan you take out, as that will provide the best-case scenario for them should you predecease your spouse. Additionally, not all programs have the same rules and protections for non-borrowing spouses. For example, on the Home Equity Conversion Mortgage (HECM), there is a deferral option for “Eligible” non-borrowing spouses, whereas Proprietary or “Jumbo” reverse mortgages do not.
Q.

Can I place my reverse mortgage in a living trust in Oregon?

Maybe. Unlike traditional or “forward” mortgages, reverse mortgage loans may be closed in the name of the trust. It is a common practice in the traditional lending space to ask homeowners with a trust to transfer title out of the trust to close on their new loan, then require them to transfer title back into the trust after their loan is consummated, causing hassle and additional costs for the homeowner. Reverse mortgage loans do not permit the transfer of property title after the loan is made without first obtaining the loan servicer’s approval. In order to keep the property in the trust, the full trust itself must be reviewed (excluding the advanced health care directives, Powers of Attorney (unless being used for an incapacitated borrower), Last Will and Testament, as they are not necessary) to determine that the trust meets the FHA program guidelines. In our experience, the overwhelming majority of standard revocable family trusts meet the requirements, but until the full trust is reviewed, we, as a lender, cannot advise whether your trust is eligible. It is worth noting that because Oregon’s Medicaid Estate Recovery Program can pursue assets held in living trusts, having both a reverse mortgage and a trust requires careful estate planning with a qualified attorney.
Q.

What protections does Oregon law provide for reverse mortgage borrowers during wildfires and natural disasters?

As of March 2026, the state of Oregon does not have any specific laws or statutes on the books that would suspend a foreclosure during a natural disaster. They rely on federal and HUD guidelines as it pertains to these matters. If your home is damaged by a wildfire or other type of natural disaster, the first thing you want to do is file a claim with your insurance company as soon as humanly possible to get that started. Next you will need to notify your lender or servicer of the damage by certified mail and keep a copy of the letter. You will also want to take pictures or videos of the damage to help with your claim before any repairs are completed. You can also contact FEMA to apply for financial assistance if it is in a Presidentially-Declared Major Disaster Area (PDMDA) to see if you qualify for assistance. While your home is being repaired, it is important that you continue to pay your property charges (Taxes, Insurance & HOA, if any). If the home is uninhabitable, you will need to send a written notice to your lender or servicer that you plan to return once your home is repaired, and to do so again via certified mail. Additionally, you will want to stay in contact with your servicer, keep them updated on progress, and make sure they have your temporary forwarding address during the repair. Due to the natural disaster, your servicer will work with you as long as every effort is made to get the home repaired and you are moved back in as soon as humanly possible. There are HUD guidelines to extend foreclosure timelines if the property was in a PDMDA. The risk of wildfires has increased in recent years, so it is important that you maintain the proper level of homeowners’ insurance to ensure you can rebuild or repair your home should it be damaged by a wildfire.
Q.

What consumer protections does Oregon provide for reverse mortgage borrowers?

Oregon has consumer protections for reverse mortgage borrowers under the Oregon Reverse Mortgage Act (ORS 86A.196 through 86A.198) and related state regulations. The state requires that borrowers receive mandatory counseling from a HUD-approved agency before closing, prohibits lenders from requiring borrowers to purchase other financial products (such as annuities) as a condition of the loan, requires clear disclosure of all loan terms and costs including the inability to participate in the state property tax deferral program, and mandates a right of rescission period after closing during which borrowers can cancel the transaction. Oregon law also prohibits cross-selling financial products at closing and requires borrowers to receive specific disclosures about the nature and risks of reverse mortgage loans.
Q.

Are there any prepayment penalties on reverse mortgages in Oregon?

No. There is never any prepayment penalty permitted on a reverse mortgage loan as prohibited by Federal law. Oregon state law reinforces that prohibition under ORS 86A.195. You can pay off in full or partially at any time, with no prepayment penalty.
Q.

Does Oregon have special requirements for reverse mortgage counseling?

Reverse Mortgage Counseling is mandatory for all borrowers and their spouses for all reverse mortgage programs. Whether you are doing a HECM loan or a Proprietary loan, counseling will always be required. The Department of Housing and Urban Development (HUD) approves counseling agencies to offer counseling on the HECM program, and individual lenders set their own lists of approved agencies authorized to conduct counseling for those Proprietary programs. Not all HECM counseling agencies are approved for these Proprietary programs, but there is some overlap: a HUD-approved HECM counseling agency may also be approved for a specific Proprietary product. Oregon does not impose additional counseling requirements beyond those mandated by HUD.

Ready to Unlock Your Home’s Equity?

As Oregon’s #1 Rated Reverse Mortgage Lender, All Reverse Mortgage, Inc. (ARLO™) is here to provide trusted guidance, real-time rates, and expert support to help you make informed decisions.

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All Reverse Mortgage, Inc. is fully licensed by the Oregon Division of Financial Regulation (License #ML-4917), ensuring that you receive expert guidance every step of the way.

Get Your Reverse Mortgage Quote from Oregon’s #1 Rated Reverse Mortgage Lender* or call (800) 565-1722 to speak with a licensed expert.

Other Areas of Interest in Oregon

Albany Ashland Beaverton Bend Central Point Corvallis Eugene Grant's Pass Gresham Hillsboro Klamath Falls Medford Newberg Newport Oregon City Portland Redmond Roseburg Salem Terrebonne Tigard West Linn

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