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Compare Tennessee's Best Reverse Mortgages!
Compare Tennessee's Best Reverse Mortgages!
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Tennessee's #1 Reverse Mortgage

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In your current area 100 homeowners are currently utilizing reverse mortgages to better enhance their retirement years, with 500,000 nationwide!

The amount you receive is based on your home’s value, your age, and current interest rates. Let’s start with your address so I can estimate your home value…
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Great! It looks like your home value estimate is about

If you feel this estimate is not correct you can manually change it below. If you have an existing mortgage balance, I'll need to know the amount we are going to pay off to get rid of that mortgage payment!

Please provide your estimated home value

If you presently have an existing mortgage balance, I'll need to know the amount we are going to pay off to get rid of that mortgage payment!
(Our calculations use estimated property values provided by Estated.com. An independent HUD-approved appraiser must complete an appraisal to finalize your loan)
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The minimum qualifying age for a reverse mortgage is 55

Don’t forget to include your spouse’s age, even if they are not yet 55, as loan proceeds are always based on the age of the youngest spouse.
Your Age
Spouse Age
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Great News! Your ARLO analysis is ready

Your personalized results include the best of 2024's reverse mortgages
  • Side-by-side loan comparisons
  • Real-time interest rates
  • ARLO™ advice to help you select the right program
BBB A+ logo 2021 BBB Torch Award Finalist
We maintain an A+ exemplary rating by the Better Business Bureau with a perfect 5-Star customer review.
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Your FREE Report Includes:
  • Real Time Analysis  (Next Step)
  • Analysis Via Email
Example ARLO Quote
From America's #1 Rated Reverse Mortgage Lender

Top Reverse Mortgage Lenders in Tennessee

Lender Rating Years in Business Stars (0-5) Good Review % Complaints BBB
Advisors Mortgage Group A+ 24 1.6/5 33% 5 Source
American Advisors Group (AAG) A 19 4.7/5 94% 76 Source
American Pacific Mortgage F 28 1.5/5 30% 15 Source
Ennkar Inc. A+ 13 3.6/5 73% 3 Source
Fairway Independent Mortgage A+ 27 4.8/5 96% 44 Source
Finance of America Reverse LLC (FAR) A+ 20 1/5 20% 18 Source
GoodLife Home Loans A+ 11 4.4/5 88% 1 Source
Guild Mortgage Company (Formerly Cherry Creek LLC) A+ 63 1.3/5 26% 44 Source
HighTechLending Inc A+ 18 4.9/5 98% 0 Source
Liberty Home Equity Solutions Inc. A+ 20 1.00/5 20% 3 Source
Longbridge Financial LLC A+ 11 3.9/5 79% 16 Source
Mid America Mortgage Inc. A+ 65 3.0/5 60% 0 Source
Moneyhouse A+ NA NA NA 0 Source
Movement Mortgage, LLC A+ 16 4.7/5 95% 113 Source
Mutual of Omaha Mortgage A+ 11 4.8/5 96% 58 Source
Open Mortgage LLC A+ 21 2.8/5 56% 21 Source
Plaza Home Mortgage Inc A+ 23 1.9/5 24% 26 Source
Smartfi Home Loans A+ 5 NA NA 0 Source
South River Mortgage, LLC A+ 5 2.2/5 44% 13 Source
Reviews Updated: 11/29/2023
The BBB is one of the last review sites that does not accept monetary influence in their ratings or posted reviews.
 

All Reverse Mortgage, Inc. (ARLO™) is proud to be Tennessee's #1 Rated Reverse Mortgage Lender by the BBB with a Perfect 5.0 Stars and A+ Exemplary Rating. We currently lend in 16 states including all of Tennessee.

Since we started in 2004, our goal has remained simple: to offer the best terms with unbeatable customer service.

We are HUD Approved and offer a full suite of HECM & Jumbo Reverse Mortgages.

Compare our competitive rates and lower costs to any competitor and realize thousands more from your home’s equity!

The difference is clear, and we can’t wait to show you!

Tennessee Reverse Mortgage Facts

StateHomeowners Age 62+Reverse Mortgages Closed Last 12 MonthsPurchase Reverse Mortgages Closed Last 12 MonthsLenders in TennesseeAvg. Home Value
Tennessee619,886 7163463 $310,132

Data shown includes all cases with beginning endorsement date between January 01, 2023 and December 31, 2023

HUD Approved Direct Lender

Tennessee lenders map coverage

All Reverse Mortgage, Inc. (ARLO™) is approved with the Department of Housing and Urban Development (HUD) to originate, underwrite and close the HUD Home Equity Conversion Mortgage (HECM, or "Heck-um"). The HECM is HUD's acronym for their reverse mortgage loan.

All Reverse Mortgage, Inc. (ARLO™) originates in Tennessee and closes both refinance loans, where borrowers already own their home and are looking to either pay off their existing loan and have no more monthly mortgage payment, utilize their equity for other purposes if they have no existing loan, or possibly a combination of both

About All Reverse Mortgage® of TN

The owners and management of All Reverse were part of the team that wrote and sold the first fixed rate jumbo reverse mortgage in 2008 and as such, have extensive experience in jumbo or proprietary loan programs as well.

We are always looking for new products to offer to borrowers of high valued homes in the higher home priced markets that the HUD HECM may just not serve as well. Jumbo or proprietary programs typically offer much lower Principal Limits as they relate to values though so not all borrowers are better served with the jumbo programs.

Only a seasoned originator can readily inform borrowers which program will best suit their needs and the positives and negatives of each so that the borrower can make an informed decision.

It is no longer uncommon anywhere in the country for a market to be a solid HUD HECM market and then within just a short distance for a niche jumbo market to be located where there is a need for a jumbo program.

Therefore, homeowners aged 62 and above in all markets have seen that the reverse mortgage can be a very solid financial tool, and many are now seeking the reverse mortgage to augment their retirement plans and not so much the mortgage of last resort.

Everything from the elimination of existing mortgage payments to the line of credit that grows make reverse mortgage borrowers understand that this program allows them to utilize their homes to not only live comfortably in their family home, but to plan as well.

 

Tennessee Lending Limits

Tennessee lending limits

As part of the Southeastern United States, Tennessee is the 16th most populous state in the country and is the 36th largest by geography. There were estimated to be 6,651,194 residents in the state in 2016 and approximately 614,445 of them were homeowners 62 and older.

Tennessee was given the nickname of "The Volunteer State" early in its history. Some say it was claimed during the War of 1812 because there were many volunteer soldiers from the state in the war, but others believe the name refers to the volunteers from the Mexican-American War. At the beginning of the Mexican-American War, President Polk called 2,600 volunteers from around the country and 30,000 people from Tennessee alone came forward.

Aside from some areas of the state located in the Appalachian Mountains, the climate in Tennessee is humid subtropical, appealing to many "snowbird" retirees. It also does not have state income tax, which is another selling point for people moving into the state.

The highest elevation point in the state is Clingmans Dome, which is 6,643 feet and is on Tennessee’s eastern border on the Appalachian Trail. The point is also the highest peak in the United States east of the Mississippi River.

The largest cities in Tennessee based on population are Memphis, Nashville, Knoxville, Chattanooga and Clarksville.

As of January 2024 the average home value in Tennesse was $310,132 which is well below the maximum reverse mortgage lending limit of $1,149,825.

If you reside in Tennessee, All Reverse Mortgage, Inc. (ARLO™) is here to answer your questions.

Tennessee Reverse Mortgage Counseling Agencies

Agency NamePhoneAgency IDAddressLanguagesWebsite
PARTNERSHIP FOR FAMILIES, CHILDREN AND ADULTS/CCCS OF CHATTANOOGA423-490-5620825355600 Brainerd Rd Ste 1
Chattanooga, Tennessee 37411-5373
ASL
English
Spanish
www.CreditHelpToday.org
RESIDENTIAL RESOURCES, INC.615-650-977981524604 Gallatin Ave Ste 103
Nashville, Tennessee 37206-3475
English
Spanish
residentialresourcesinc.com
WOODBINE COMMUNITY ORGANIZATION615-850-345281758643 Spence Ln
Nashville, Tennessee 37217-1141
English
Spanish
www.woodbinecommunity.org/
Tennessee Reverse Mortgages
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