Tigard Reverse Mortgage Lenders
At All Reverse Mortgage, Inc. (ARLO™), we’re proud to be Oregon’s #1 Rated Reverse Mortgage Lender, celebrating 20 years of dedicated service. Our A+ rating from the Better Business Bureau and perfect 5-star reviews reflect our unwavering commitment to providing you with the best terms and exceptional customer care.
Since 2004, our mission has been simple: to help Oregon homeowners make the most of their home’s equity with peace of mind. As a HUD-approved lender, we offer a comprehensive range of HECM and jumbo reverse mortgages tailored to meet your specific needs.
With our competitive rates and lower costs, you can retain more of your home’s equity. We’re here to show you the difference our experience can make, and we look forward to guiding you every step of the way!
All Reverse Mortgage is licensed by the Division of Finance and Corporate Securities (DFCF) (License/Registration #ML-5006)
Tigard Reverse Mortgage Facts
City | Homeowners Age 62+ | Reverse Mortgages Closed Last 12 Months | Purchase Reverse Mortgages Closed Last 12 Months | Lenders in Tigard (est) | Avg. Home Value |
---|---|---|---|---|---|
Tigard | 2,747 | 3 | 0 | 3 | $636,520 |
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 HUD’s Home Equity Conversion Mortgage (HECM), commonly referred to as a reverse mortgage.
In Albany, All Reverse Mortgage, Inc. (ARLO™) assists homeowners with refinancing, whether they want to pay off an existing loan and eliminate monthly mortgage payments, access their home equity for other purposes, or pursue a combination of both.
About All Reverse Mortgage, Inc.
At All Reverse Mortgage, Inc. (ARLO™), we’re proud to be licensed by the state of Oregon, bringing decades of expertise and local knowledge to homeowners across the state. Our owners and management were part of the team that introduced and sold the first fixed-rate jumbo reverse mortgage in 2008. With extensive experience in jumbo and proprietary loan programs, we continually seek new products to better serve Oregon homeowners, especially those with high-value homes in markets where the HUD HECM may not fully meet their needs.
As a licensed Oregon lender, we understand the unique aspects of the local housing market. We’re dedicated to helping you navigate the complexities of reverse mortgage options, from the HUD HECM to niche jumbo programs. Our seasoned originators are well-equipped to guide you through the process, ensuring you understand the pros and cons of each option so you can make an informed decision.
For homeowners aged 62 and above, a reverse mortgage can be a powerful financial tool—not just a last resort. Whether it’s eliminating existing mortgage payments or establishing a growing line of credit, we’re here to help you use your home’s equity to live comfortably and plan for the future in your family home.
Tigard, Oregon: Community Overview
Though officially incorporated as a city in the latter half of the 20th century, Tigard, Oregon traces its origins back to the mid-1850s. The city’s name comes from the Tigard family, who were among the first settlers in the area, initially known as “East Butte.” By 1886, the town had become known as Tigardville before finally shortening the name to Tigard in 1907.
Tigard’s growth was fueled by the railroad’s arrival in the early 20th century, and the town became a hub for commercial and residential development. By the time Tigard officially became a city in 1961, it had established itself as an integral part of the Portland metropolitan area.
Today, Tigard’s population has grown to 54,000 people as of 2018, making it one of Oregon’s larger cities. Its convenient location near Interstate 5 connects it to the wider West Coast, providing easy access to Portland and beyond.
Outdoor Recreation and Economy
Tigard offers plenty of recreational opportunities, with 20 parks over nearly 500 acres. Residents enjoy outdoor activities while still benefiting from Portland’s close proximity. Key employers such as Capital One Services, Nordstrom, and Macy’s, along with the school district and city government, support the local economy.
One of Tigard’s standout features is Washington Square Mall, a major shopping destination with over 200 stores in 1.5 million square feet of retail space. It ranks among the highest-grossing malls in the U.S.
Tigard Lending Limits
Eleven percent of Tigard’s population is made up of seniors aged 65 or older, according to U.S. Census Bureau data. Of these seniors, 72 percent (accounting for 2,747 households) are homeowners, many of whom may be eligible for a reverse mortgage to support their retirement.
As of January 2023, Tigard’s median home value is $636,520, which is higher than the state average. This reflects the city’s desirable location and steady real estate market growth. For homeowners with properties exceeding the federal HUD lending limit of $1,209,750, a jumbo reverse mortgage could provide an opportunity to access additional home equity beyond what is available through an FHA-insured HECM loan.
Reverse Mortgage Options
A reverse mortgage can offer financial flexibility for senior homeowners looking to eliminate monthly mortgage payments or establish a line of credit. Depending on your home’s value and individual needs, a jumbo reverse mortgage may allow you to access more of your home’s equity.
Get in Touch
If you’re a homeowner in Tigard and want to explore how a reverse mortgage could benefit you, All Reverse Mortgage, Inc. (ARLO™) is ready to assist. Call us at Toll-Free (800) 565-1722 or visit our online calculator to see how much you can access. We’re here to help you make informed decisions to ensure a secure and enjoyable retirement.