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Compare Westminster's Best Reverse Mortgages

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The minimum qualifying age for a reverse mortgage is 62. If you are within 6 months from your next birthday, I will automatically calculate you a year older.
Tip! Don’t forget to include your spouse’s age, even if they are not yet 62, as loan proceeds are always based on the age of the youngest spouse.
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From America's #1 Rated Reverse Mortgage Lender

Westminster Reverse Mortgage Lenders

We are proud to be Oregon's #1 rated reverse mortgage lender by the BBB with a Perfect 5.0 stars and A+ review. All Reverse Mortgage® lends in 16 states nationwide, including Westminster, CA.

All Reverse began in 2004 and as the name implies, the only loan product that All Reverse Mortgage® originates is the residential reverse mortgage loan.

We offer reverse mortgages to Westminster homeowners and our staff has a combined lending experience exceeding 100 years with national mortgage banking experience on both coasts and points between. Due to this varied direct experience, All Reverse Mortgage® is well positioned to be able to assist borrowers with all specific needs associated with the reverse mortgage program.

Westminster Reverse Mortgage Facts

City Homeowners Age 62+ Reverse Mortgages Closed Last 12 Months Purchase Reverse Mortgages Closed Last 12 Months Lenders in Westminster (est) Avg. Home Value
Westminster 4,175 $726,585

HUD Approved Direct Lenders

United Southwest and All Reverse are approved lenders with HUD (Department of Housing and Urban Development) 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 originates in Westminster and closes both refinance loans where borrowers already own their home and are looking either pay off their existing loan and have no more monthly mortgage payment, utilize their equity for other purposes if they have no existing loan or possibly a combination of both.

About All Reverse Mortgage

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 and as such, have extensive experience in jumbo or proprietary loan programs as well. 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 just not serve as well. Jumbo or proprietary programs typically offer much lower Principal Limits as they relate to values though 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 the positives and negatives of each 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 niche jumbo 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 a very solid financial tool and many are now seeking the reverse mortgage to augment their retirement plans and not so much the mortgage of last resort. Everything from the elimination of the existing mortgage payments to the line of credit that grows make reverse mortgage borrowers understand that this program allows them to utilize their homes to not only live comfortably in their family home, but to plan for the future as well.

Westminster Details

Located in northern Orange County, California, the city of Westminster is a moderately-sized city of just over 90,000 as of 2019 U.S. Census Bureau estimates. Established in 1870 by Rev. Lemuel Webber as a Presbyterian temperance colony, Westminster takes its name from the 1643 Westminster Assembly which was a foundational assembly of theologians that established the tenets of the Presbyterian protestant denomination of Christianity.

In the earliest days of Westminster’s existence, farmers in the area refused to grow and harvest grapes due to the fruit’s association with the creation of wine, and the desire for the temperance colony to stay as far away from the imbibing of alcoholic beverages as possible.

Westminster was officially incorporated as a city in the state of California in 1957, and originally had just under 11,000 residents to its name. Before becoming known as Westminster in its capacity as an officially-designated city, the area was actually known as “Tri-City” since it represented the confluence of three different communities: Westminster, Barber City and Midway City.

Midway City refused to be incorporated into the single community, so Westminster and Barber City are the two areas that consolidated under the Westminster name. Midway City today is technically a census-designated place and not a city unto itself.

Approximately 14.3% of the population is made up of residents over the age of 65 according to the 2010 census, an employs a city council style of government. In the California State Assembly, Westminster falls into the 34th Senate District currently represented by Democrat Tom Umberg, and the 72nd Assembly District represented by Republican Tyler Diep.

Westminster has a warm climate, with the average high temperature reaching 84 degrees fahrenheit in the middle of the summer, and the average low reaching 46 degrees in the winter. It gets only 14 inches of precipitation per year on average, and the Westminster School District is the city’s largest employer with over 1,000 workers.

Westminster Senior Population and Lending Limits

14 percent of Westminster’s population is made up of seniors that are at least 65 years old, based on U.S. Census Bureau data. Of Westminster’s senior population, 61 percent (accounting for over 4,000 households) are also homeowners as opposed to renters. That means there’s a dedicated community of seniors that call Westminster their long-term home.

Thousands of the senior households in Westminster may be eligible to obtain a reverse mortgage. Several of these older homeowners have already done their research and begun using reverse mortgages to support their retirement needs.

Compared with the average home price in California, Westminster’s median home price is nearly $200,000 greater than the rest of the state at $726,585, according to the Zillow Home Value Index. Prices in the area have increased 5.9 percent over the past year, and Zillow projects that they will continue to fall over the course of the next year by roughly 0.6 percent.

Some homes in Westminster may be worth more than this median value. If your home has been appraised for more than the HUD lending limit of $765,600, you may still be able to tap into your home equity with the help of a reverse mortgage.

If you're a homeowner who fits this description and you're interested in using a reverse mortgage to supplement your retirement, you might want to consider a jumbo reverse mortgage, from which you may be able to access a greater portion of your home equity than you otherwise would with a FHA-insured HECM loan.

Reverse mortgages might not be the perfect solution for every homeowner, but depending on your particular situation, a HECM could be something to consider as you approach your retirement years.


If you reside in Westminster All Reverse Mortgage® is here to answer your questions.

Additional California Lender Resource Links:
Reversemortgage.org NRMLA Members in CA: https://www.reversemortgage.org/Find-a-Lender/state/CA
HUD.GOV Approved Lenders in California for HECM Loan

Our Exclusive Programs Designed to Fit Your Needs.

All Reverse Mortgage© has consistently broughtexclusive offers to our valued Westminster homeowners. Because of our unique process we're able to offer a better federally-insured reverse mortgage with no compromise.

Take a look at some of our program benefits that you won't find elsewhere:

Exclusive 4.25% (5.95% APR) Fixed Rate for Life
Government Insured & Jumbo Proprietary Programs
Flexible Credit Lines from 2.98% with the Industries Lowest Lifetime Rate Exposure
ZERO Origination Fee Plans
ZERO Financed Closing Cost Plans
ZERO Monthly Servicing Fees on ALL programs
*Complete form above to receive a comparison of all available programs. Excludes state taxes when applicable. Min loan amount for $0 origination fee is $40,000. *APR ran at $185,000 loan amount / 60% or less PLF utilization. Lifetime rate cap on all adjustable rate plans just 5% over the start rate.

How can we offer you more favorable terms?

We are a direct lender approved by FHA (Federal Housing Administration)
The HECM is literallyall we do. All Reverse Mortgage is not just a name for us. We have a very low (almost non-existent) staff turnover and our people are experts.
We don't work with Brokers, allowing us to pass the savings on to you.
We don't hire "celebrity" spokespersons as we don't believe you should have to pay for a lender's expensive marketing budget with higher loan costs.
We Charge Less! Check out our competition and our customer ratings. We never forget that this loan is about you and your needs and we put you first with superior service and lower costs.

All Reverse vs. the others

It may surprise you but those "celebrities" you see all over TV have some of the worst independent consumer ratings in the industry. Compare us and you will see the crystal clear difference, from customer service to loan terms we never compromise.

HUD approved direct lender.

Working with a local Westminster, CA lender saves you time and money.

As an award-winning direct lender our goal remains simple; to offer you the very best terms accompanied by extraordinary customer service.

What Our Customers Are Saying

"There was no car salesman type of protracted negotiation. All reverse got right down to a good quote without a series of incremental steps."
"I was surprised how easy it was to deal with an out of state company. Actually it was much easier than my previous dealings with local banks and brokers"
"It is a wonderful feeling to have no mortgage and extra cash in our pocket. We are very happy."
"Thank you to All Reverse for handling everything in an efficient and smooth way. Thoroughly appreciate everything you have done to make things easy for me."
"This was the smoothest mortgage process I have ever experienced! And so fast!"

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