Tucson 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)
Tucson Reverse Mortgage Facts
| City | Homeowners Age 62+ | Reverse Mortgages Closed Last 12 Months | Purchase Reverse Mortgages Closed Last 12 Months | Lenders in Tucson (est) | Avg. Home Value |
|---|---|---|---|---|---|
| Tucson | 85,623 | 146 | 0 | 112 | $327,535 |
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 Tucson, 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.
Tucson, Arizona, the second-largest city in the state, boasts a population of approximately 547,239. Over 87,000 senior homeowners aged 62 and older call Tucson home, making it a significant market for reverse mortgages.
Known as “The Old Pueblo,” Tucson offers a rich blend of culture, education, and entertainment. It’s home to the University of Arizona and hosts popular events such as the Tucson Gem and Mineral Show, the Fourth Avenue Street Festival, and the All Souls Procession Weekend.
Tucson’s economy thrives on healthcare, retail, and food services. Major employers include the University of Arizona, Raytheon Missile Systems, and the Arizona state government.
As of January 2024, the median home value in Tucson is $327,535, reflecting a 12.8% increase over the past year. While many homes in Tucson are valued below the federal reverse mortgage lending limit of $1,209,750 for HECM loans, some homes may exceed this limit. For those with higher-valued properties, jumbo loan programs are available to help senior homeowners tap into their home’s equity.
Reverse mortgages aren’t for everyone but can be a valuable financial tool for many homeowners. Depending on your situation, a HECM could be worth considering as you approach your retirement years.
If you reside in Tucson, All Reverse Mortgage, Inc. (ARLO™) is here to help you explore your options. Call us toll-free at (800) 565-1722.
