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.
Surprise Lending Limits
Surprise, Arizona, located in Maricopa County, has experienced rapid growth over the past two decades. Between 2000 and 2010, the population surged by 218%, growing from just over 30,000 residents to more than 117,000. This makes Surprise one of the fastest-growing cities in Arizona.
Arizona is an attractive destination for retirees, and Surprise is no exception. As of the 2010 census, nearly 15,000 Surprise homeowners are aged 62 and older, representing about 12.5% of the city’s population. This makes Surprise an ideal area for exploring the option of a reverse mortgage.
As of January 2023, the average home value in Surprise is approximately $443,603, well within the federal HECM lending limit of $1,149,825. This makes many homeowners in the area eligible for a reverse mortgage.
Surprise is surrounded by natural beauty, including a nearby lake and the expansive Sonoran Desert. Its founder, Flora Mae Stalter, named the city in 1938 because she believed she would be “surprised if the town ever amounted to much.” Contrary to her expectations, Surprise has flourished and is now a thriving community.
The city is also home to Surprise Stadium, where the Texas Rangers and Kansas City Royals hold their spring training.
If you reside in Surprise, All Reverse Mortgage, Inc. (ARLO™) is here to help you explore your options. Call us toll-free at (800) 565-1722.
