Pennsylvania's #1 Rated Reverse Mortgage

Experience Excellence with Pennsylvania’s Top Reverse Mortgage Lender

For over 20 years, All Reverse Mortgage, Inc. (ARLO™) has helped Pennsylvania homeowners access their home equity through HUD-approved HECM and jumbo reverse mortgages. As Pennsylvania’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. Pennsylvania is home to over 2.6 million homeowners aged 62 and older — one of the largest eligible populations in the country — and the housing market spans a wide range, from Philadelphia’s Main Line suburbs like Bryn Mawr, Wayne, and Gladwyne to the established neighborhoods of Pittsburgh’s Shadyside and Fox Chapel, the Bucks County countryside, and retirement communities in the Poconos and Lancaster County. With an average home value of $306,700, most Pennsylvania homeowners qualify well within HECM lending limits, though higher-value properties along the Main Line and in select Philadelphia and Pittsburgh suburbs may benefit from a jumbo reverse mortgage. Our team has the expertise to help you evaluate both options and choose the program that best fits your financial 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.

Pennsylvania Reverse Mortgage Facts

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 Pennsylvania

Pennsylvania Reverse Mortgage Lending Limits

Pennsylvania, known as the “Keystone State,” is steeped in American history and home to approximately 13.08 million people. Over 2.6 million of these residents are homeowners aged 62 and older, meaning nearly one million people in Pennsylvania may be eligible for a reverse mortgage.

The median home value in Pennsylvania is $306,700, which is well below the HECM reverse mortgage lending limit of $1,249,125. This makes reverse mortgages a viable option for many Pennsylvania homeowners.

Pennsylvania played a pivotal role in the founding of the United States — the Declaration of Independence and the U.S. Constitution were both drafted in Philadelphia. Today, the state’s economy is driven by banking, healthcare, agriculture, and manufacturing, with major metro areas in Philadelphia and Pittsburgh anchoring the eastern and western halves of the state. Pennsylvania’s lower cost of living compared to neighboring New York and New Jersey, combined with its proximity to major East Coast cities, has made it an attractive option for retirees looking to stretch their retirement dollars while staying close to family.

If you’re a homeowner aged 62 or older in Pennsylvania, a reverse mortgage could be a valuable financial tool for your retirement. Whether you’re looking to eliminate monthly mortgage payments or access additional funds from your home’s equity, All Reverse Mortgage, Inc. (ARLO™) is here to help. We’re ready to answer your questions and guide you through the process.

Essential Protections for Pennsylvania Borrowers

Pennsylvania adheres to federal reverse mortgage regulations while ensuring strong consumer protections through its general lending laws. Here’s what you need to know about the safeguards in place for reverse mortgage borrowers in Pennsylvania:

1. Mandatory Counseling — Before applying for a reverse mortgage, you must complete a HUD-approved counseling session. This ensures you fully understand the loan’s terms, costs, and potential alternatives. Counseling can be done over the phone or in person, and the certificate of completion must be provided to your lender.
2. Cooling-Off Period — Federal law requires a mandatory waiting period between completing counseling and closing the loan. This gives you time to carefully review the terms, discuss the decision with family or advisors, and confirm that a reverse mortgage aligns with your financial goals.
3. No Tied Financial Products — Lenders in Pennsylvania are prohibited from requiring you to purchase additional financial products, such as annuities or insurance, as a condition of obtaining a reverse mortgage. This protection ensures the loan process remains fair and free from unnecessary financial pressure.
4. Clear Disclosures — Lenders must provide detailed disclosures about the loan’s terms, including interest rates, fees, and repayment obligations. They are also required to inform you that you remain responsible for property taxes, homeowners insurance, and home maintenance. Failure to meet these obligations could result in foreclosure.
5. Licensed Lenders — All reverse mortgage lenders operating in Pennsylvania must be licensed by the Pennsylvania Department of Banking and Securities. This ensures lenders meet state standards for transparency, professionalism, and ethical practices.
6. Non-Recourse Loans — Reverse mortgages in Pennsylvania are non-recourse loans, meaning you or your heirs will never owe more than the home’s value at the time the loan is repaid. This protection ensures you won’t be burdened with excess debt if the loan balance exceeds the home’s worth.
7. Spousal Protections — If you have a non-borrowing spouse, Pennsylvania lenders must follow federal HUD guidelines to protect their right to remain in the home after the borrowing spouse passes away or moves out, provided they meet certain requirements.

Did you know? Pennsylvania 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.

Frequently Asked Questions: Pennsylvania-Specific Answers

Ready to Unlock Your Home’s Equity?

As Pennsylvania’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.

✔ No obligations. Just real-time rates and expert advice.
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✔ Licensed experts. Get clear, honest answers.

All Reverse Mortgage, Inc. is fully licensed by the Pennsylvania Department of Banking and Securities (License #47343), ensuring that you receive expert guidance every step of the way.

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

Other Areas of Interest in Pennsylvania

Bethlehem Lititz Mechanicsburg Philadelphia Sewickley

Additional Resources:

• NRMLA Members in Pennsylvania
• HUD.GOV Approved Lenders Search