X
Compare Wisconsin's Best Reverse Mortgages!
Compare Wisconsin's Best Reverse Mortgages!
Close Menu
Home / Lenders / Reverse Mortgage Lenders, Wisconsin

Wisconsin's #1 Reverse Mortgage

Your instant quote includes eligibility, real-time rates, & built-in advice to help you find your best program!
ARLO

ARLO

Reverse Mortgage Calculator
Loading...
(may take up to 15 seconds)
|
|
|
|

In your current area 100 homeowners are currently utilizing reverse mortgages to better enhance their retirement years, with 500,000 nationwide!

The amount you receive is based on your home’s value, your age, and current interest rates. Let’s start with your address so I can estimate your home value…
‹ Back

Great! It looks like your home value estimate is about

If you feel this estimate is not correct you can manually change it below. If you have an existing mortgage balance, I'll need to know the amount we are going to pay off to get rid of that mortgage payment!

Please provide your estimated home value

If you presently have an existing mortgage balance, I'll need to know the amount we are going to pay off to get rid of that mortgage payment!
‹ Back

The minimum qualifying age for a reverse mortgage is 55

Don’t forget to include your spouse’s age, even if they are not yet 55, as loan proceeds are always based on the age of the youngest spouse.
Your Age
Spouse Age
‹ Back

Great News! Your ARLO analysis is ready

Your personalized results include the best of 2023's reverse mortgages
  • Side-by-side loan comparisons
  • Real-time interest rates
  • ARLO™ advice to help you select the right program
BBB A+ logo 2021 BBB Torch Award Finalist
We maintain an A+ exemplary rating by the Better Business Bureau with a perfect 5-Star customer review.
(Needed to validate request)
‹ Back
Your FREE Report Includes:
  • Real Time Analysis  (Next Step)
  • Analysis Via Email
Example ARLO Quote
From America's #1 Rated Reverse Mortgage Lender

Top 10 Reverse Mortgage Lenders in Wisconsin

Lender Rating Experience Stars (0-5) Good Reviews Complaints BBB
American Advisors Group (AAG) A- 18 Yrs. 4.68 93% 92 Source
Cherry Creek Mortgage, LLC NR 36 Yrs. 4.0 80% 5 Source
Fairway Independent Mortgage A+ 27 Yrs. 4.95 99% 45 Source
Finance of America Reverse LLC (FAR) A+ 19 Yrs. 1.57 31% 15 Source
Liberty Home Equity Solutions Inc. A+ 19 Yrs. 1.00 20% 3 Source
Longbridge Financial LLC A+ 11 Yrs. 3.94 78% 15 Source
Mutual of Omaha Mortgage A+ 10 Yrs. 4.85 97% 51 Source
Open Mortgage LLC A+ 20 Yrs. 2.44 48% 1 Source
Reverse Mortgage Funding LLC A+ 10 Yrs. 4.23 84% 25 Source
Reviews Updated: 9/08/2023
The BBB is one of the last review sites that does not accept monetary influence in their ratings or posted reviews.
 

We are proud to be Wisconsin's #1 rated reverse mortgage lender by the BBB with a Perfect 5.0 stars and A+ review. All Reverse Mortgage, Inc. (ARLO™) lends in 16 states nationwide, and throughout all of Wisconsin state.

All Reverse began in November 2007 and as the name implies, the only loan product that All Reverse Mortgage, Inc. (ARLO™) originates is the residential reverse mortgage loan.

Wisconsin homeowners seeking reverse mortgages come to us because of our brilliant staff members, whose combined lending experience exceeds 100 years. We have national mortgage banking experience on both coasts and many points between. Due to this direct experience, All Reverse Mortgage, Inc. (ARLO™) is well positioned to assist borrowers with their specific needs associated with reverse mortgage programs.

Wisconsin Reverse Mortgage Facts

Top 10 Reverse Mortgage Cities in Wisconsin by MCA (April 2020)

1
Madison
2
Beloit
3
Neenah
4
Reedsburg
5
Pittsville
6
Union Grove
7
Marshfield
8
Waukesha
9
White Lake
10
Appleton
StateHomeowners Age 62+Reverse Mortgages Closed Last 12 MonthsPurchase Reverse Mortgages Closed Last 12 MonthsLenders in WisconsinAvg. Home Value
Wisconsin392,784 1973 5$265,400 

HUD Approved Direct Lender

Wisconsin lenders map coverage

All Reverse Mortgage, Inc. (ARLO™) is approved with the Department of Housing and Urban Development (HUD) to originate, underwrite and close the HUD Home Equity Conversion Mortgage (HECM, or “Heck-um”). The HECM is HUD’s acronym for the reverse mortgage program it administers for seniors who are 62 and older.
 
All Reverse Mortgage, Inc. (ARLO™) originates in Wisconsin and offers several reverse mortgage options. In some instances, borrowers are looking to pay off their existing loan and eliminate their monthly mortgage payment. Or, if they already have paid off their mortgage, a reverse loan can help borrowers utilize their equity for other purposes. In some cases, borrowers can do both. They also may use a specific type of reverse mortgage to purchase a new home.
 
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. We are always looking for new products to offer to borrowers with high valued homes in strong real estate markets where the HUD HECM might not serve well. Jumbo or proprietary programs typically offer lower Principal Limits as they relate to home values but can offer stronger borrowing power because they are not restricted by the federal loan limit set by HUD.
 
A seasoned originator can readily inform borrowers about their loan options, and can provide detail on the different options available, so that the borrower can make an informed decision. It is no longer uncommon to find markets where HECMs are most popular located near markets where jumbo reverse mortgages are more widely used.
 
Homeowners aged 62 and older in many markets have seen that the reverse mortgage can be a very solid financial tool, leading to many now seeking the reverse mortgage to augment their retirement plans rather than the last-resort approach more common in the past. Borrowers are using reverse mortgages for many purposes, from the elimination of existing mortgage payments to the line of credit that grows over time, offering more borrowing opportunities in the future.

Reverse mortgage borrowers understand that this program allows them to utilize their homes to not only live comfortably and age-in-place, but to plan for their financial future as well.

Wisconsin Lending Limits

Wisconsin lending limits

Wisconsin is the 20th most populous state in the United States and is the 23rd largest in terms of total area in square miles. As of 2020, about 5,822,434 people resided in the state, with the densest populations around Milwaukee and Madison. About 985,000 residents in the state are age 65 and older, and about 68% of people in the state are homeowners as of 2010.

First inhabited by Paleo-Indians, the land that is now Wisconsin was inhabited by various native tribes when the French and English began exploring and settling the area. Wisconsin became the 30th state in 1848 and was the destination of many immigrants — especially Scandinavians — who came to America in the second half of the nineteenth century. After wheat was found to have depleted the many nutrients in the local soil, farmers turned to dairy cows, making Wisconsin the dairy capital that it is today.

Milwaukee is the largest city in the state with nearly 600,000 residents. Originally founded as a trading post, the city has a rich beer brewing history as German immigrants opened Miller, Schlitz, and Pabst breweries in the mid-1800s. By 1860, Wisconsin had more than 200 breweries and 40 of them were in Milwaukee. Along with beer, the state is the birthplace of actors Gene Wilder and Chris Farley, architect Frank Lloyd Wright, and anchorwoman Greta Van Susteren.

After Milwaukee, the largest cities are Madison, Green Bay, Kenosha and Racine. The biggest industries in the state are agriculture, manufacturing, and mining. Wisconsin has nine companies on the Fortune 500 list, including Northwestern Mutual Life Insurance Co., ManpowerGroup, and Kohl’s Corp. Wisconsin also has the second highest number of organic farms in the nation, with over 1,200 situated across the state.

Wisconsin has a mostly continental climate with some variations along Lake Michigan. In its northern location, the state has four seasons with warm summers and cold, snowy winters. Most northern areas are covered with snow the entire winter, and floods in the spring can result from the melting snow. The average high in July is 80 degrees Fahrenheit and the average low in January is 16 degrees Fahrenheit.

The average home value in Wisconsin is $265,400. Given this average, many homes fall below the federal maximum reverse mortgage lending limit of $1,089,300 that applies to all HECM loans. For more borrowing power above the federal limit, there are proprietary reverse mortgage programs available.

If you reside in Wisconsin, All Reverse Mortgage is here to answer your questions.

Top Lender Resources in WI:
Reversemortgage.org NRMLA Members in Wisconsin
HUD.GOV Approved Lenders Search

WI Resources: 65 and over | Source 1, Source 2

Wisconsin Approved Reverse Mortgage Counseling Agencies

Agency NamePhoneAgency IDAddressLanguagesWebsite
NEIGHBORWORKS BLACKHAWK REGION - NHS OF BELOIT, INC.608-362-90580927520 W Grand Ave
Beloit, Wisconsin 53511-5311
English
Spanish
site.notavailable.org
NEIGHBORWORKS GREEN BAY920-448-307580929437 S Jackson St
Green Bay, Wisconsin 54301-3909
English
Spanish
www.nwgreenbay.org
HOUSING RESOURCES, INCORPORATED414-461-6330811667830 W Burleigh St
Milwaukee, Wisconsin 53222-4915
English
Hmong
Spanish
hri-wi.org
NEIGHBORHOOD HOUSING SERVICES OF SW WISCONSIN608-647-494980633125 E Seminary St
Richland Center, Wisconsin 53581-2354
English
Spanish
www.nhsrcwi.org

Did you know? Wisconsin state does not mandate in-person counseling. Visit our counseling page for a list of phone-based counseling agencies and conduct your required counseling from the comfort of your home.

Wisconsin Reverse Mortgages
User rating
(39 votes, average: 4.97 out of 5)
How Do You Rate This Page?
Your Rating
  Sending Your Rating...