Sun Lakes Reverse Mortgage Lenders
At All Reverse Mortgage, Inc. (ARLO™), we are proud to be Arizona’s top-rated reverse mortgage lender, as recognized by the Better Business Bureau. We have a perfect 5-star rating and an A+ exemplary score. We’ve been serving Arizona homeowners since 2004 and are dedicated to providing reverse mortgages that help you enjoy your retirement years with peace of mind.
We understand that you deserve the best possible rate with the lowest costs. That’s why we focus solely on reverse mortgages, ensuring you receive expert guidance every step of the way. As a HUD-approved direct lender, we offer both national HECM programs and specialized jumbo Reverse Mortgages for homeowners with higher-value properties in Arizona.
We invite you to compare our customer reviews, lower rates, and closing costs with those of any other lender. We’re confident you’ll see the difference, and we look forward to helping you achieve your financial goals.
All Reverse Mortgage, Inc. is licensed by the Arizona Department of Financial Institutions (License/Registration #BK0934287)
Sun Lakes Reverse Mortgage Facts
City | Homeowners Age 62+ | Reverse Mortgages Closed Last 12 Months | Purchase Reverse Mortgages Closed Last 12 Months | Lenders in Sun Lakes (est) | Avg. Home Value |
---|---|---|---|---|---|
Sun Lakes | 5,942 | 6 | 0 | 3 | $520,411 |
HUD-Approved Direct Lender
At All Reverse Mortgage, Inc. (ARLO™), we’re proud to be approved by the Department of Housing and Urban Development (HUD) to offer and manage the HUD Home Equity Conversion Mortgage, commonly known as the HECM or “reverse mortgage.” This program is designed to help homeowners like you access the equity in your home, providing financial flexibility during your retirement years.
In Sun Lakes, we assist homeowners in refinancing their existing loans to eliminate monthly mortgage payments or to access their home equity for other financial needs. Whether you’re looking to pay off your current mortgage, use your home equity for new opportunities, or a combination of both, we’re here to provide expert guidance every step of the way.
About All Reverse Mortgage, Inc.
Our team has extensive experience with reverse mortgages, including jumbo or proprietary loans for higher-value homes. We were part of the team that created and sold the first fixed-rate jumbo reverse mortgage in 2008. This experience allows us to offer you the right product for your needs, whether a HUD HECM or a specialized jumbo program. Our knowledgeable professionals will walk you through each option’s benefits and potential drawbacks, ensuring you can make an informed decision that best suits your financial goals.
Sun Lakes, Arizona, is a popular active adult community. Its nearly 14,000 residents are primarily retirees. Developed in the early 1970s by real estate developer Ed Robson, Sun Lakes offers a lifestyle centered around relaxation and recreation. The community boasts five golf courses, five country clubs, a variety of shopping centers, and its own medical and educational facilities.
Initially designed as a mobile home community, Sun Lakes has grown into a sought-after destination for single-family homes. The community’s amenities and proximity to Chandler and Phoenix continue to attract seniors from across the country.
Nearly 73% of Sun Lakes’ residents are 65 and older, with 93% of this senior population being homeowners. This reflects a robust and well-established community of senior residents who have made Sun Lakes their long-term home.
As of January 2023, the median home value in Sun Lakes is $520,411, reflecting a 9.9% increase over the past year. While many homes in Sun Lakes fall within the HUD reverse mortgage lending limit of $1,209,750, homeowners with higher-value homes can explore jumbo reverse mortgage programs to access additional equity.
Reverse mortgages can be a useful financial tool for eligible homeowners. Whether you’re considering eliminating your monthly mortgage payments or establishing a growing line of credit, a reverse mortgage could be worthwhile, depending on your financial goals as you approach retirement.
If you reside in Sun Lakes, All Reverse Mortgage, Inc. (ARLO™) is here to help you explore your options. Call us toll-free at (800) 565-1722.