Parker's #1 Reverse Mortgage

All Reverse Mortgage, Inc. (ARLO™) is proud to be Colorado'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 headquartered in Southern California.

All Reverse Mortgage was incorporated in 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 2024 lending limit of $1,149,825.

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!

Parker 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 Parker 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®

The owners and management of All Reverse 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 as well. Jumbo or proprietary programs typically offer much lower Principal Limits as they relate to values though 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.

The area now known as Parker, Colorado was home to a vibrant community of Native Americans as far back as 6,400 BC, and they were present and prevalent in the area through at least the mid-1800s. The 6,400 BC time period was able to be localized by archaeologists after the discovery of shelter in natural rock and cave formations dating back that far, which continued through each of the major cultural periods until about 1725 AD.

The first colonists that moved into what would become Parker settled in the area in the mid-1800s, when the area surrounding was known as the Territory of Colorado. A man named Alfred Butters, who would go on to eventually become a state senator and representative, established a Way Station in a small one-room building in 1864, which eventually spun off into a settlement featuring other colonists of European ancestry who moved west from the 19th century United States as the Civil War was being raged by the Union and the Confederacy.

One of the features of the early settlement was said to be protection from attack by local Native American tribes, though by all accounts the majority of early interactions between these settlers and the indigenous peoples was largely peaceful. However by the late 1860s, tensions between settlers and Native Americans began to mount due to increased displays of hostility and aggression, stemming from broken treaties and general cultural misunderstandings. An event known as the "Hungate Massacre" in 1864 tipped tensions into the side of hostility, where it’s believed by some that a settler named Nathan Hungate shot a Native American whom he believed was stealing his horse.

These tensions led to notable instances of outright hostility, and eventually many of the Native Americans who had lived in this region vacated the area. By 1882, the name of the burgeoning settlement was changed to "Parker", named for brothers who were the largest landowners in the young town.

Into the 20th century, Parker continued to attract more and more residents and grew larger as a result. It continued to serve as an important local community through to the 1950s and 60s, when its growth eventually landed it to close proximity with facilities of major building supply company Martin Marietta, Inc. which, at that time, provided materials for the construction of aerospace products up to and including the Titan rocket.The Titan II rocket was the vehicle used by National Aeronautics and Space Administration (NASA) in the Gemini manned spaceflight program of the early 1960s, the predecessor program of the Apollo mission series which eventually took American astronauts to the moon.

Between the late 19th and early 20th centuries, Parker began to see a steady though not pronounced rate of growth. That growth hit different fits and starts depending on the national events of the century including World War I, the Great Depression and World War II. Growth in the area was made more difficult between the 1960s and 80s by the beginning of a development project for additional housing that was then vacated by the original developer, only to be picked up again by an entirely new development company some time later.

By the 1990s, Parker began to see a more significant pace of growth due to the increasing popularity of suburban neighborhoods surrounding the Denver metropolitan area. This has led to Parker’s housing inventory to appreciate at a faster rate than the rest of the state of Colorado, and the average home value for a house in Parker is nearly $100,000 higher than the average home value in Colorado.

The growth of the city is likely most visibly and starkly seen by its population growth in the last 30 years alone. In 1981, only 281 people called Parker their home. By 2014, however, the population had exploded to over 48,000, and now as of 2019 sits at nearly 60,000. By all regular metrics, Parker is a mid-sized town, but its growth between 1981 and today clearly demonstrates how quickly people have taken to this interesting, and historically-rich Southern Denver suburb.

Five percent of Parker’s population is made up of seniors that are at least 65 years old, based on U.S. Census Bureau data. Of Parker’s senior population, 79 percent (accounting for over 1,000 households) are also homeowners as opposed to renters. That means there’s a dedicated community of seniors that call Parker their long-term home.

Thousands of the senior households in Parker may 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.

Compared with the average home price in Colorado, Parker, median home price is greater than the rest of the state at $734,692, according to the Zillow Home Value Index as of January 2023. Prices in the area have increased 10.5% over the past year,.

Some homes in Parker may be worth more than this median value. If your home has been appraised for more than the HUD lending limit of $1,149,825, 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 FHA-insured HECM loan.

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 approach your retirement years.

If you reside in Parker or are planning to move there, All Reverse Mortgage is here to answer your questions. Call us Toll Free (800) 565-1722.

Top Colorado Lender Resource Links:
Reversemortgage.org NRMLA Members in Colorado: https://www.reversemortgage.org/Find-a-Lender/state/CO
HUD.GOV Approved Lenders in Colorado for HECM Loan