San Diego 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 $1,149,825.
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.
San Diego Reverse Mortgage Facts
| City | Homeowners Age 62+ | Reverse Mortgages Closed Last 12 Months | Purchase Reverse Mortgages Closed Last 12 Months | Lenders in San Diego (est) | Avg. Home Value |
|---|---|---|---|---|---|
| San Diego | 217,334 | 1,074 | 52 | 34 | $950,415 |
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.
San Diego Lending Limits
San Diego, California, is known for its picturesque beaches, sunny weather, and vibrant lifestyle. With a population of nearly three million, the city offers a perfect mix of cultural experiences, outdoor activities, and historical landmarks. Approximately 370,000 of San Diego’s residents are senior citizens, many of whom are homeowners aged 62 and older, making them eligible for a reverse mortgage to enhance their financial freedom during retirement.
San Diego’s rich history dates back to its founding in 1769, making it California’s oldest city. Over the centuries, San Diego has evolved into a bustling urban hub known for its naval history, the iconic San Diego Zoo, and proximity to attractions like Balboa Park and the USS Midway Museum. The city also offers countless outdoor activities, such as hiking, golfing, and surfing, along with cultural destinations like the San Diego Museum of Art and the historic Gaslamp Quarter.
As of January 2024, San Diego’s median home value is $742,200, below the HECM reverse mortgage lending limit of $1,149,825. Many San Diego homeowners can use a reverse mortgage to access their home’s equity and bolster their retirement plans.
If you’re a San Diego homeowner aged 62 or older, All Reverse Mortgage, Inc. (ARLO™) is here to help you explore how a reverse mortgage can enhance your retirement plans. We’re ready to answer any questions and guide you through the process to find the best solution for your needs.
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!
