Texas's #1 Reverse Mortgage
Reverse Mortgage Calculator
|Lender||Rating||Experience||Stars (0-5)||Good Reviews||Complaints||BBB|
|All Reverse Mortgage, Inc. (ARLO)||A+||19 Yrs.||4.9||99%||0||Source|
|Advisors Mortgage Group||A+||24 Yrs.||1.6||33%||6||Source|
|American Advisors Group (AAG)||A-||19 Yrs.||4.6||93%||88||Source|
|American Pacific Mortgage||F||27 Yrs.||1.0||20%||15||Source|
|Ennkar Inc.||A+||13 Yrs.||3.6||73%||3||Source|
|Fairway Independent Mortgage||A+||27 Yrs.||4.9||98%||43||Source|
|Finance of America Reverse LLC (FAR)||A+||20 Yrs.||1.5||31%||15||Source|
|GoodLife Home Loans||A+||11 Yrs.||4.4||88%||1||Source|
|Guild Mortgage Company (Formerly Cherry Creek LLC)||A+||63 Yrs.||1.3||26%||59||Source|
|HighTechLending Inc||NR||15 Yrs.||3.0||60%||1||Source|
|Liberty Home Equity Solutions Inc.||A+||20 Yrs.||1.00||20%||3||Source|
|Longbridge Financial LLC||A+||11 Yrs.||3.9||79%||17||Source|
|Mid America Mortgage Inc.||NR||64 Yrs.||3.0||60%||0||Source|
|Movement Mortgage, LLC||A+||16||4.7||95%||109||Source|
|Mutual of Omaha Mortgage||A+||10 Yrs.||4.8||96%||51||Source|
|Open Mortgage LLC||A+||20 Yrs.||2.7||54%||1||Source|
|Plaza Home Mortgage Inc||A+||22 Yrs.||1.7||35%||5||Source|
|Smartfi Home Loans||A+||4 Yrs.||NA||NA||0||Source|
|South River Mortgage, LLC||A+||4 Yrs.||2.3||46%||15||Source|
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 Texas's #1 Rated Reverse Mortgage Lender, celebrating 19 Years of excellence. We are the only TX company awarded an A+ Rating by the BBB with perfect 5-Star Reviews.
Compare our competitive rates and lower costs to competitors and realize thousands more from your home's equity! The difference is clear, and we can't wait to show you!
Texas Reverse Mortgage Facts
Top 10 Reverse Mortgage Cities in Texas by MCA (December 2022)
|State||Homeowners Age 62+||Reverse Mortgages Closed Last 12 Months||Lenders in Texas||Avg. Home Value|
HUD Approved Direct Lender
All Reverse Mortgage, Inc. (ARLO™) is approved by 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 Texas and offers to refinance loans, where borrowers already own their home and are looking to either pay off their existing loan and have no more monthly mortgage payments; or can help borrowers utilize their equity for other purposes if they have no existing loan or possibly a combination of both.
All Reverse Mortgage, Inc. is licensed by the Department of Savings & Mortgage Lending, License/Registration #84280.
About All Reverse Mortgage of Texas
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. As such, we have extensive experience in jumbo or proprietary loan programs.
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 not serve as well. Jumbo or proprietary programs typically offer much lower Principal Limits related to values, 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 their positives and negatives 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 jumbo niche 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 an excellent financial tool. Many are now seeking the reverse mortgage to augment their retirement plans rather than the mortgage of last resort.
Everything from the elimination of existing mortgage payments to the line of credit that grows makes reverse mortgage borrowers understand that this program allows them to utilize their homes to live comfortably in their family home and plan.
Texas, also known as "the Lone Star state," has an estimated population of over 29.95 million as of 2022. Over 1.3 million are homeowners aged 62 and older. That means almost one and a half million Texans may be eligible for a reverse mortgage.
As of January 2023, the average home value in Texas was $350,200, well below the maximum reverse mortgage lending limit of $1,149,825.
Texas has a vibrant history as a territory in North America. It was home to various indigenous peoples with no dominant culture until the arrival of Spanish settlers. They primarily controlled it until the Texas Revolution in the 19th century.
Although it ultimately gained its independence as a free state after the revolution, infighting between a couple of crucial factions led to early negotiations for annexation by the United States. Texas became a state in 1845 after expansionist James K. Polk was elected to the presidency the year before.
Texas faced another crisis shortly after that, with the onslaught of the American Civil War in the 1860s. General Sam Houston, who had become Texas' governor by that point, staunchly favored the Union but refused President Lincoln's offer to send Union troops to ensure he would stay in office.
Houston was deposed as governor after refusing to pledge his loyalty to the Confederacy. While the state was thrown into a brief bout of turmoil after the fall of the Confederacy, President Andrew Johnson declared the civilian government restored in 1866.
While the Civil War and the Great Depression provided two major economic blows to Texas, the state saw abundant federal money pour in during World War II as the government established military outposts, POW camps, and munitions factories. On its own, Texas manufactured 3% of all American armaments used during the war.
The 1970s and 80s saw added economic prosperity to Texas, as the more industrialized areas of the state saw the economy rely less on the energy industry.
If you want to settle down in Texas, one perk is that its massive size allows it to exist in various climate zones. For example, the state's panhandle has colder winters than North Texas, while the Gulf Coast has mild winters. On the western side of the state in El Paso, there is an average of 8.7 inches of rainfall annually. In comparison, other areas in southeast Texas can see up to 64 inches yearly.
The state also offers a lot when it comes to the arts. Austin is the live music capital of the world. The city has more live music venues per capita than Nashville, Memphis, Los Angeles, Las Vegas, or New York City.
Other venues for art lovers in Texas to check out include the Houston Grand Opera, the Houston Symphony Orchestra, the Houston Ballet, and the Alley Theatre.
Texas also has a long history of various countries having control over it. Because of this, it was given the slogan of "Six Flags over Texas." The slogan is for the six countries with sovereignty over the state or parts of the state at some time. Those countries include Spain, France, Mexico, the Republic of Texas, the Confederate States of America, and the United States of America.
If you reside in Texas, All Reverse Mortgage, Inc. (ARLO™) is here to answer your questions.
Top Lender Resources in TX:
Other Areas of Interest in Texas
|Agency Name||Phone||Address||Website||Agency ID||Languages|
|DALLAS COUNTY HOME LOAN COUNSELING CENTER||214-819-6060||2377 N Stemmons Fwy Ste 724|
Dallas, Texas 75207-2710
|NAVICORE SOLUTIONS- DALLAS, TX||972-732-6767||17440 Dallas Pkwy|
Dallas, Texas 75287-7336
|TRANSFORMANCE (FORMERLY CCCS OF GREATER DALLAS)||214-638-2227||8737 King George Drive|
DALLAS, Texas 75235-2222
|TRANSFORMANCE - DALLAS||214-638-2227||8737 King George Drive|
DALLAS, Texas 75235-2222
|HOUSING OPPORTUNITIES OF FORT WORTH||817-923-9192||1065 W Magnolia Ave|
Fort Worth, Texas 76104-4477
|CREDIT COALITION||713-224-8100||3300 Lyons Ave # 203A|
Houston, Texas 77020-8252
Did you know? Texas state does not mandate in-person counseling. Visit our counseling page for a list of phone-based counseling agencies and conduct your required counseling from the comfort of your home.