Woodbridge Reverse Mortgage Lenders
At All Reverse Mortgage, Inc. (ARLO™), we are honored to serve the wonderful community of Virginia. With a perfect 5.0-star rating and an A+ rating from the Better Business Bureau, we’ve become the top-rated reverse mortgage lender in Virginia, a testament to our unwavering commitment to helping homeowners like you.
For over 20 years, we’ve focused exclusively on reverse mortgages, working tirelessly to understand and meet the unique needs of homeowners across Virginia. Since our start in November 2004, our mission has been simple: to provide you with the best rates and most competitive pricing, allowing you to make the most of your hard-earned home equity.
As a HUD-approved direct lender, we offer a variety of reverse mortgage options, including the widely respected Home Equity Conversion Mortgage (HECM) programs and specialized non-FHA and jumbo reverse mortgages. We understand that Virginia homeowners deserve choices, especially when it comes to high-value properties that exceed the national lending limit of $1,149,825 for 2024.
We encourage you to see the difference for yourself. Compare our customer reviews, lower rates, and competitive closing costs with other major lenders. We’re confident that you’ll find our approach uniquely tailored to your needs, with a focus on maximizing your home’s equity in a way that benefits you the most.
All Reverse Mortgage is fully licensed by the Bureau of Financial Institutions (License/Registration MC-5551), ensuring you receive the trusted service you deserve. We’re here to help you navigate your options and secure a brighter financial future in the comfort of your Virginia home.
Woodbridge Reverse Mortgage Facts
| City | Homeowners Age 62+ | Reverse Mortgages Closed Last 12 Months | Purchase Reverse Mortgages Closed Last 12 Months | Lenders in Woodbridge (est) | Avg. Home Value |
|---|---|---|---|---|---|
| Woodbridge | 8,879 | 20 | 0 | 15 | $454,592 |
HUD Approved Direct Lender
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 their reverse mortgage loan.
All Reverse Mortgage, Inc. (ARLO™) originates in Woodbridge and closes both refinance loans, where borrowers already own their home and are looking to 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, Inc.
Our team has been at the forefront of the reverse mortgage industry, including being part of the group that introduced the first fixed-rate jumbo reverse mortgage in 2008. This extensive experience allows us to offer personalized solutions for homeowners with high-value properties, especially in markets where a traditional HECM may not be the best fit.
Choosing the right reverse mortgage program can be complex, but our seasoned professionals are here to help. We’ll explain the benefits and considerations of each option, ensuring you can make an informed choice that suits your needs.
At All Reverse Mortgage, Inc. (ARLO™), we’re here to answer your questions and provide the support you need to make the best decision for your financial well-being.
Woodbridge, Virginia Reverse Mortgage Lending Limits
Woodbridge, Virginia, is a census-designated place (CDP) in Prince William County. Its population is about 4,436, including 542 senior homeowners aged 62 and older. Although not incorporated as a city, Woodbridge offers a quieter, more relaxed alternative to the bustling life of Washington D.C., which is just 20 miles away.
A Charming Destination with Rich History
Residents and visitors in Woodbridge can explore the Occoquan Bay National Wildlife Refuge or visit Rippon Lodge, a historic property dating back to 1747, which remains a popular destination to this day. These cultural and natural attractions make Woodbridge desirable for retirees and families.
Economy and Community
The public administration and professional services sectors drive Woodbridge’s economy. Other notable sectors include health care, food services, and construction, which contribute to the city’s steady growth and provide jobs for its residents.
Woodbridge Housing Market and Reverse Mortgage Options
As of January 2024, the median home value in Woodbridge is $454,592, reflecting a 6.9% increase in the past year. While most homes in Woodbridge fall within the federal reverse mortgage lending limit of $1,149,825, senior homeowners with homes exceeding this value may benefit from jumbo reverse mortgage programs, which allow access to additional home equity.
Consider a Reverse Mortgage for Your Retirement
If you’re a senior homeowner in Woodbridge or plan to move there, a reverse mortgage could help you eliminate monthly mortgage payments or provide extra income in retirement. All Reverse Mortgage, Inc. (ARLO™) is here to guide you through the process.
Visit our online calculator to see how much you could access or call us Toll-Free at (800) 565-1722 for assistance.
