Riverside Reverse Mortgages
At All Reverse Mortgage, Inc. (ARLO™), we take pride in being California’s #1 Rated Reverse Mortgage Lender. We have a perfect 5-star rating from the Better Business Bureau and an A+ Exemplary Rating. We’ve been serving communities across California and 15 additional states since 2004, all from our headquarters in Southern California.
We focus solely on reverse mortgages, so you can trust that we have the expertise you need. We’re dedicated to providing you with the best possible rates and the lowest costs, ensuring you get the most out of your home’s equity.
As a HUD-approved lender, we offer national HECM programs and provide non-FHA and Jumbo Reverse Mortgages for those with higher-value homes exceeding the national 2024 lending limit of $1,209,750.
We invite you to compare our reviews, rates, and closing costs with those of any other lender. We’re confident you’ll see the difference and are excited to help you make the most informed decision.
Riverside Reverse Mortgage Facts
| City | Homeowners Age 62+ | Reverse Mortgages Closed Last 12 Months | Purchase Reverse Mortgages Closed Last 12 Months | Lenders in Riverside (est) | Avg. Home Value |
|---|---|---|---|---|---|
| Riverside | 161,342 | 932 | 114 | 30 | $619,091 |
HUD-Approved Direct Lender
At All Reverse Mortgage, Inc. (ARLO™), we are proud to be approved by the Department of Housing and Urban Development (HUD) to offer the Home Equity Conversion Mortgage (HECM), commonly known as a reverse mortgage. We take care of everything, from the application to closing, ensuring you’re in good hands every step of the way.
We serve homeowners in Anaheim, helping those who already own their homes refinance to eliminate their monthly mortgage payments or access their home equity for other needs. Whether you want to pay off your existing loan, free up some extra cash, or do both, we’re here to help.
About Us
Our team at All Reverse Mortgage has deep experience in the industry. In 2008, we were part of the group that introduced the first fixed-rate jumbo reverse mortgage, so we understand both HUD-backed HECM loans and jumbo (or proprietary) loans. This expertise allows us to offer options for homeowners with higher-value homes that may not be fully covered by HUD’s HECM program.
Choosing the right loan can be challenging, but our experienced originators are here to guide you. We’ll explain the options, including the pros and cons of each, so you can make the best decision for your situation. Whether a HUD HECM or a jumbo loan is right for you depends on your unique needs, and we’ll ensure you have all the information to make an informed choice.
For homeowners aged 62 and older, a reverse mortgage can be a valuable financial tool. It’s not just a last resort; many are using it to enhance their retirement plans. With a reverse mortgage, you can eliminate monthly mortgage payments or set up a line of credit that grows over time, helping you live comfortably and plan for the future.
Riverside County Lending Limits
Riverside County is one of California’s 58 counties. In 2024, its population is approximately 2.52 million, making it the fourth most populated county in the state and the 11th most populated in the country.
Riverside County experienced significant growth in the 1970s, becoming a major real estate destination and surpassing one million residents by 1980. In the 1990s and early 2000s, Riverside became a hub for new and relocated offices, corporations, and finance centers.
Spanning 7,208 square miles in Southern California, Riverside County stretches from the Greater Los Angeles area to the Arizona border. The county is home to several well-known cities, including Palm Springs, Palm Desert, Indian Wells, La Quinta, Rancho Mirage, and Desert Hot Springs.
Riverside County has over 165,000 homeowners aged 62 and older, making it an attractive area for retirees who love the outdoors. The county boasts numerous national protected areas, including Cleveland National Forest, Coachella Valley National Wildlife Refuge, Joshua Tree National Park, San Bernardino National Forest, and Dos Palmas Preserve.
Riverside County is also known for its diverse flora and fauna, with a mix of desert plants and forested areas providing a unique natural environment.
As of January 2024, Riverside County’s average home value is $642,500, below the federal lending limit of $1,209,750. This means homeowners aged 62 and older may want to consider a Home Equity Conversion Mortgage (HECM) to help them age more comfortably.
Other points of interest in Riverside County include the March Field Air Museum, the Orange Empire Railway Museum, the Palm Springs Desert Museum, and the Western Science Center.
If you’re a homeowner in Riverside County aged 62 or older, and you’re curious about how a reverse mortgage could benefit you, All Reverse Mortgage, Inc. (ARLO™) is here to help.
Call us today at Toll-Free (800) 565-1722 or visit our calculator to explore your options. We’re ready to answer your questions and help you make the most of your home’s equity—so you can confidently enjoy your retirement. Don’t wait—reach out to us today!
