Santa Rosa 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.
Santa Rosa Reverse Mortgage Facts
| City | Homeowners Age 62+ | Reverse Mortgages Closed Last 12 Months | Purchase Reverse Mortgages Closed Last 12 Months | Lenders in Santa Rosa (est) | Avg. Home Value |
|---|---|---|---|---|---|
| Santa Rosa | 30,318 | $724,777 |
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.
Santa Rosa Lending Limits
Santa Rosa, located within Sonoma County, California, is a vibrant city near the San Francisco Bay Area. It is the fifth-largest city in the Bay Area, following San Jose, San Francisco, Oakland, and Fremont.
As of 2024, Santa Rosa has a population of approximately 176,000 people. About 31,000 of these residents are seniors aged 62 and over, making up around 17.6 percent of the city’s population—citizens who meet the age requirement for reverse mortgages.
First incorporated in 1868, Santa Rosa has developed into a unique city that is both tucked away and often overlooked as visitors flock to nearby San Francisco or Oakland. However, Santa Rosa is a hub for artistic attractions, recreational facilities, wine trails, pristine cycling roads, and a thriving microbrewery scene.
The city’s climate is typical of the Bay Area, with wet, cool winters and dry, warm summers. This provides residents with plenty of opportunities to enjoy the outdoors when they’re not working.
Santa Rosa’s economy is diverse, with about 49 percent of the employed population working in the “Services” sector. According to the Sonoma County Economic Development Board, this sector includes healthcare, education, legal services, and tourism. The city’s second- and third-largest employment sectors are retail trade and manufacturing, respectively.
As of January 2024, the median home value in Santa Rosa is $747,500, reflecting a 6.1% increase over the past year. Even with the predicted rise in home values, many homes in Santa Rosa will remain well under the maximum federal reverse mortgage lending limit of $1,149,825 that applies to all HECM loans. Jumbo reverse mortgage programs are available for homeowners seeking more borrowing power above the federal limit.
If you’re a homeowner in Santa Rosa 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.
Give us a call 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!
