Vancouver Reverse Mortgage Lenders
At All Reverse Mortgage, Inc. (ARLO™), we are proud to be Washington’s #1 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 Vancouver 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 Washington State.
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 Department of Financial Institutions (#CL-13999)
Vancouver Reverse Mortgage Facts
| City | Homeowners Age 62+ | Reverse Mortgages Closed Last 12 Months | Purchase Reverse Mortgages Closed Last 12 Months | Lenders in Vancouver (est) | Avg. Home Value |
|---|---|---|---|---|---|
| Vancouver | 7,724 | $503,858 |
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, or “Heck-um”). The HECM is HUD’s reverse mortgage loan program.
All Reverse Mortgage of Vancouver originates and closes refinance loans for homeowners who are looking to either pay off their existing loan and eliminate monthly mortgage payments, use their equity for other purposes if they have no existing loan, or a combination of both.
About All Reverse Mortgage of Vancouver
The team at All Reverse Mortgage, Inc. has extensive experience, including being part of the group that introduced the first fixed-rate jumbo reverse mortgage in 2008. With this background, we are constantly exploring new products for homeowners in high-value markets where the HUD HECM may not be the best fit. Although jumbo or proprietary programs often offer lower Principal Limits relative to property values, they can be the right solution for certain borrowers.
An experienced originator can guide you through the pros and cons of each program, helping you make an informed decision. In various markets, there may be a mix of HUD HECM and niche jumbo opportunities, allowing homeowners aged 62 and above to leverage reverse mortgages as a versatile financial tool. This can be particularly valuable for those seeking to eliminate mortgage payments or establish a growing line of credit, enhancing their retirement plans.
Vancouver Lending Limits
Vancouver, Washington, had a total population of 172,860 as of 2015, with 5,490 homeowners aged 62 and older. The city spans just under 50 square miles of land and water, making it the 23rd largest metropolitan area in the country.
Originally established in 1825 around Fort Vancouver as a fur trading outpost, the city has grown significantly. In 2005, Vancouver was named one of Money magazine’s best places to live in America, and in 2016, it was ranked the 39th best place to live for families by WalletHub.
The city is often confused with Vancouver, British Columbia, Canada, due to their proximity and shared namesake, George Vancouver, a sea captain.
As of January 2023, the median home value in Vancouver is $503,858, which falls under the federal maximum lending limit for reverse mortgages.
In the early 2000s, Vancouver experienced a revitalization, becoming a hub for arts and culture. The downtown area boasts numerous art galleries, and in 2014, the city council designated it as the “Arts District.”
Vancouver enjoys dry summers and has seen historically low temperatures in recent winters. On clear days, several mountain ranges are visible from the city, including the Coast Range, Mount Hood, Mount Saint Helens, Mount Jefferson, and Mount Adams.
If you reside in Vancouver, All Reverse Mortgage, Inc. (ARLO™) is here to help. Access our online calculator to estimate your reverse mortgage lending limit, or call us Toll-Free at (800) 565-1722. We’re ready to assist you in making informed decisions to ensure you can continue enjoying your retirement.
