Washington DC's #1 Reverse Mortgage
ARLO™Reverse Mortgage Calculator
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Lender | Rating | Years in Business | Stars (0-5) | Good Review % | Complaints | BBB |
---|---|---|---|---|---|---|
All Reverse Mortgage, Inc. (ARLO) | A+ | 19 | 4.9/5 | 99% | 0 | Source |
Advisors Mortgage Group | A+ | 24 | 1.6/5 | 33% | 4 | Source |
American Advisors Group (AAG) | A | 19 | 4.7/5 | 94% | 82 | Source |
American Pacific Mortgage | F | 27 | 1.0/5 | 20% | 15 | Source |
Ennkar Inc. | A+ | 13 | 3.6/5 | 73% | 3 | Source |
Fairway Independent Mortgage | A+ | 27 | 4.9/5 | 98% | 43 | Source |
Finance of America Reverse LLC (FAR) | A+ | 20 | 1.5/5 | 31% | 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% | 52 | Source |
HighTechLending Inc | NR | 15 | 3.0/5 | 60% | 1 | Source |
Liberty Home Equity Solutions Inc. | A+ | 20 | 1.00/5 | 20% | 3 | Source |
Longbridge Financial LLC | A+ | 11 | 3.9/5 | 79% | 15 | Source |
Mid America Mortgage Inc. | NR | 65 | 3.0/5 | 60% | 0 | Source |
Moneyhouse | A+ | NA | NA | NA | 0 | Source |
Movement Mortgage, LLC | A+ | 16 | 4.7/5 | 95% | 110 | Source |
Mutual of Omaha Mortgage | A+ | 10 | 4.8/5 | 96% | 60 | Source |
Open Mortgage LLC | A+ | 20 | 2.8/5 | 56% | 1 | Source |
Plaza Home Mortgage Inc | A+ | 23 | 1.8/5 | 36% | 27 | Source |
Smartfi Home Loans | A+ | 4 | NA | NA | 0 | Source |
South River Mortgage, LLC | A+ | 4 | 2.3/5 | 46% | 14 | Source |
The BBB is one of the last review sites that does not accept monetary influence in their ratings or posted reviews.
Washington D.C. Reverse Mortgage Facts
State | Homeowners Age 62+ | Reverse Mortgages Closed Last 12 Months | Purchase Reverse Mortgages Closed Last 12 Months | Lenders in Washington DC | Avg. Home Value |
---|---|---|---|---|---|
District of Columbia | 41,024 | 298 | 0 | 45 | $650,000 |
As the capital of the United States of America, Washington, D.C. was officially made a district through the signing of the Residence Act on July 16, 1790. The District is not part of any state, but Maryland and Virginia donated land to the federal district in its early years.
There are estimated to be 681,170 residents in the federal district, but the D.C. metro area has a population of more than 6 million people.
Washington, D.C. is arguably best known as the home of democracy and where many decisions related to American government are made across the three branches of U.S. government. Home to Congress and the White house, the area is also home to numerous national monuments and museums, many of which are situated on or around the National Mall.
Aside from being the main location for governmental affairs, D.C. is also a prominent center for national and international media. The Washington Post was founded in 1877 in D.C. and is the oldest and most-read local daily newspaper in the area. The publication has gained many followers for its coverage of national and international politics as well as its work in exposing the Watergate Scandal.
D.C. has become a center for professional business as well. It has the sixth-largest metropolitan economy in the country. Due to the district’s increase in job opportunities and its place as a hub for foreign embassies, the housing market in the area is booming. As of January 202, the median home value in D.C. is $650,000, which is down 7.9% from this time last year.
Washington DC Reverse Mortgage Counseling Agencies
Agency Name | Phone | Agency ID | Address | Languages | Website |
---|---|---|---|---|---|
ASIAN AMERICAN HOMEOWNERSHIP COUNSELING | 301-760-7636 | 90011 | 1200 G St. NW Suite 800 WASHINGTON, District of Columbia 20005-3814 | Chinese Mandarin English Korean Vietnamese | www.aa-hc.org |
HOUSING COUNSELING SERVICES, INCORPORATED | 202-667-7006 | 80216 | 2410 17th St NW Ste 100 Washington, District of Columbia 20009-2724 | Chinese Mandarin English Farsi French Portuguese Spanish | www.housingetc.org |