Portland Reverse Mortgage Lenders
All Reverse Mortgage ® is the trademarked business name of United Southwest Mortgage Corporation, Inc.
headquartered out of Southern California but lending in many states nationwide, including Portland, Oregon.
All Reverse began in November of 2007 and as the name implies, the only loan product that All Reverse Mortgage Company originates
is the residential reverse mortgage loan (and United Southwest Mortgage Corporation as well for that matter).
We offer reverse mortgages to Portland homeowners and our staff has a combined lending experience exceeding 100 years with
national mortgage banking experience on both coasts and points between. Due to this varied direct experience, All Reverse Mortgage
Company is well positioned to be able to assist borrowers with all the specific needs associated with the reverse mortgage programs.
Portland Reverse Mortgage Facts
||Homeowners Age 62+
||Reverse Mortgages Closed Last 12 Months
||Purchase Reverse Mortgages Closed Last 12 Months
||Lenders in Portland (est)
||Avg. Home Value
HUD Approved Direct Lenders
United Southwest and All Reverse are approved lenders with HUD
(Department of Housing and Urban Development) 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 originates in Portland and closes both refinance loans where borrowers
already own their home and are looking 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 the 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.
Portland Lending Limits
As the largest city in Oregon, Portland covers 145 square miles and had an estimated 632,309 residents in 2015. Of those
residents, 63,371 are homeowners 62 and older.
Portland was named after Portland, Maine and the area started to gain its population in the 1830s
near the end of the Oregon Trail. As the city is a port, it provided convenient options for the transportation
of goods. The timber industry in particular provided major growth to the city’s economy in its earlier years.
In the 20th century, the city gained a reputation as one of the most dangerous port cities in the world
because of its excessive organized crime and racketeering.
The “Rose City” is now known as a great place for emerging artists. The city draws people in with its
greenery, local craft beer, coffee and widespread support of biking.
Portland doesn’t just have parks, it has huge arboretums. In particular, the Hoyt Arboretum has various
flora from around the world at a location in the middle of the city.
When it comes to beverages, Portland is well-known for its Stumptown coffee that has gained popularity around the country. For
beer lovers, the city is known for having numerous local brews like Laurelwood’s Organic Green Mammoth IPA and Cascade Brewing’s
barrel-aged Bourbonic Plague. The city is also known for having unique food trucks and sweets including those from winner of “Cupcake Wars,”
To balance out all of the eating and beer drinking, the city is known for its biking accessibility. There are bike groups throughout
the city as well as guided bike tours for visitors and locals alike.
Living in Portland, the median home value is $414,800, which is under the HECM reverse mortgage federal lending limit of $636,150.
If you reside in Portland All Reverse Mortgage® is here to answer your questions. Access our free calculator to estimate your reverse mortgage lending limit or call usToll Free(800) 565-1722
• How to find the Best Reverse Mortgage Lender
• HUD.GOV Lender List
• ReverseMortgage.org Lender Finder