Close Menu

GET YOUR PRE-COUNSELING DOCS

Includes eligibility, real-time rates + built-in advice that helps you select the 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

'Counseling' Category Archives

Top 10 Reverse Mortgage Counseling Agencies (Free & Online Availability)

    17 comments
The U.S. Department of Housing and Urban Development (HUD) mandates that homeowners exploring a Home Equity Conversion Mortgage (HECM) must receive essential counseling.  This counseling, provided by a HUD-approved HECM agency, covers the details and alternatives of reverse mortgages. To assist you, we are required to offer a list of approved reverse mortgage counseling agencies.  This list includes five nationwide...
Read Full Article

California Reverse Mortgage Counseling Rule Change of 2017

    4 comments
Purpose The purpose of this bulletin is to restate and update new California requirements regarding required disclosures, counseling, timing for when certain fees may be incurred on the borrower’s behalf, and when other activities related to the origination and processing of a loan may be performed. Implementation These requirements are effective for all California reverse mortgages with applications taken...
Read Full Article

When Reverse Mortgage Counseling and Appraisal Expires

    2 comments
Our HECM counseling has just expired and we had to retake a counseling. However, a month before the counseling expired, an appraisal of our house was ordered by our lender. Now, our reverse mortgage lender ordered another appraisal because he said that the month old appraisal cannot be used because we were just given a new case number as a...
Read Full Article

When Reverse Mortgage Counseling Agencies Go Wrong

    1 comment
Before I even start this article, I want to admit that I have never been through HUD Counselor training and I do not know what the counselors have  been trained to say and what not to say.  I can say that only last week, HUD came out with a reminder to all reverse mortgage lenders and originators that they were...
Read Full Article

Legislation Alert AB2010: FACE to FACE Reverse Mortgage Counseling

    5 comments
We need your feedback!  California state is considering legislation, AB2010, which would require all borrowers who wish to apply for a reverse mortgage to first attend the HUD-mandated counseling, in a face to face session in all instances.  Currently, most borrowers choose to attend the counseling via telephone but this legislation would require all borrowers to attend a face to...
Read Full Article

Reverse Mortgage Counseling Roundup for 2012

    no comments
Reverse mortgage counseling is a mandatory step in the process of getting a government-insured home equity conversion mortgage (HECM) loan through the Federal Housing Administration. All reverse mortgage borrowers—regardless of loan amount, home value or financial savvy—must go through this counseling, which is offered over the phone or in person through government-approved counseling agencies. In addition to borrowers, non-borrowing spouses...
Read Full Article