Surprise 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)
Surprise Reverse Mortgage Facts
| City | Homeowners Age 62+ | Reverse Mortgages Closed Last 12 Months | Purchase Reverse Mortgages Closed Last 12 Months | Lenders in Surprise (est) | Avg. Home Value |
|---|---|---|---|---|---|
| Surprise | 14,993 | 67 | 7 | 22 | $443,603 |
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 Surprise, 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 back in 2008. This experience allows us to offer you the right product for your needs, whether it’s 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.
Suprise Lending Limits
Surprise, Arizona, located in Maricopa County, is one of the fastest-growing cities in the state, having experienced a population boom of 218% between 2000 and 2010. Today, the city is home to more than 150,000 residents and continues to attract retirees due to its warm climate, affordable housing, and plentiful recreational opportunities.
According to the 2020 U.S. Census, approximately 15% of Surprise’s population is aged 65 and older, with many homeowners in this age group considering reverse mortgages to help fund their retirement. Reverse mortgages can be a powerful financial tool for home equity without monthly payments.
The median home value in Surprise as of 2024 is $450,612, an increase of around 6% from the previous year, well within the federal reverse mortgage lending limit of $1,209,750. This makes many homes in Surprise eligible for Home Equity Conversion Mortgage (HECM) loans. For those with higher-value properties, jumbo reverse mortgage options are also available.
Surprise offers a variety of activities, such as hiking in the nearby Sonoran Desert and attending spring training baseball games at Surprise Stadium, where the Texas Rangers and Kansas City Royals hold their annual training camps.
If you’re a homeowner aged 62 or older in Surprise, a reverse mortgage could be a valuable tool to enhance your retirement. Whether you’re looking to eliminate monthly mortgage payments or establish a growing line of credit, a reverse mortgage can help you maximize your home equity.
If you reside in Surprise, All Reverse Mortgage, Inc. (ARLO™) is here to help you explore your options. Call us today at (623) 244-4664.
