Oro Valley Reverse Mortgage Lenders
At All Reverse Mortgage, Inc. (ARLO™), we are proud to be Arizona’s top-rated reverse mortgage lender, as recognized by the Better Business Bureau. We have a perfect 5-star rating and an A+ exemplary score. We’ve been serving Arizona homeowners since 2004 and are dedicated to providing reverse mortgages that help you enjoy your retirement years with peace of mind.
We understand that you deserve the best possible rate with the lowest costs. That’s why we focus solely on reverse mortgages, ensuring you receive expert guidance every step of the way. As a HUD-approved direct lender, we offer both national HECM programs and specialized jumbo Reverse Mortgages for homeowners with higher-value properties in Arizona.
We invite you to compare our customer reviews, lower rates, and closing costs with those of any other lender. We’re confident you’ll see the difference, and we look forward to helping you achieve your financial goals.
All Reverse Mortgage, Inc. is licensed by the Arizona Department of Financial Institutions (License/Registration #BK0934287)
Oro Valley Reverse Mortgage Facts
| City | Homeowners Age 62+ | Reverse Mortgages Closed Last 12 Months | Purchase Reverse Mortgages Closed Last 12 Months | Lenders in Oro Valley (est) | Avg. Home Value |
|---|---|---|---|---|---|
| Oro Valley | 5,709 | 9 | 0 | 3 | $496,872 |
HUD-Approved Direct Lender
At All Reverse Mortgage, Inc. (ARLO™), we’re proud to be approved by the Department of Housing and Urban Development (HUD) to offer and manage the HUD Home Equity Conversion Mortgage, commonly known as the HECM or “reverse mortgage.” This program is designed to help homeowners like you access the equity in your home, providing financial flexibility during your retirement years.
In Oro Valley, we help homeowners refinance their existing loans to eliminate monthly mortgage payments or to access their home equity for other needs. Whether you want to pay off your current mortgage, use your home equity to meet other financial goals, or a combination of both, we’re here to guide you every step of the way.
About All Reverse Mortgage, Inc.
Our team has extensive experience with reverse mortgages, including jumbo or proprietary loans for higher-value homes. In fact, we were part of the team that created and sold the first fixed-rate jumbo reverse mortgage in 2008. This experience allows us to offer you the right product for your needs, whether it’s a HUD HECM or a specialized jumbo program. Our seasoned professionals will explain the benefits and potential drawbacks of each option, so you can make an informed decision that best suits your financial situation.
Oro Valley Details
Located just north of Tucson, Oro Valley is a charming suburban town nestled against the stunning Catalina State Park and Mount Kimball. With a history dating back to the gold rush of the 19th century, Oro Valley has grown into a vibrant community known for its affluence, business-friendly environment, and outdoor recreational opportunities.
The town is also home to a burgeoning bioscience and technology sector, with plans to expand further with the launch of “Innovation Park.” Despite its growth, Oro Valley maintains a relaxed atmosphere, with no city property tax, which can be particularly beneficial for homeowners considering a reverse mortgage.
Oro Valley Senior Population and Lending Limits
According to U.S. Census Bureau data, over 26% of Oro Valley’s population is aged 65 and older, with 85% of these seniors owning their homes. This means there’s a strong community of seniors who have chosen to make Oro Valley their long-term home.
As of January 2023, the median home value in Oro Valley is $496,872, which is higher than the state average and reflects a 13.4% increase over the past year. If your home has been appraised for more than the HUD lending limit of $1,149,825, you may still be able to access your home equity through a reverse mortgage, including jumbo options.
While reverse mortgages aren’t for everyone, they can be a valuable financial tool for many. Depending on your situation, a HECM could be a worthwhile option to consider as you approach your retirement years.
If you reside in Oro Valley, All Reverse Mortgage, Inc. (ARLO™) is here to help you explore your options. Call us toll-free at (800) 565-1722.
