Address: 2019 W Chapman Ave, Orange, CA 92868, USA
Phone: +18005651722
Sunday: Closed
Monday: 5AM–6PM
Tuesday: 5AM–6PM
Wednesday: 5AM–6PM
Thursday: 5AM–6PM
Friday: 5AM–6PM
Saturday: 7AM–6PM
Don McNeeley
Great service snd fast reply’s, thank you. Don
Kim Manzella
Thank you! This was a very complete well thought out answer. Very helpful to me and the estate attorney. He asked me to forward the answer to him. What a wonderful service.
Kate Fricke
I had a specific question about the appraisal process on a reverse mortgage, and ARLO gave me all the information needed to make an informed decision. Much more useful information than my loan processor had provided.
Kathleen Clary
I appreciate Cliff Auerswold, HUD Counseling Representative, answering my Reverse Mortgage Question so quickly, concerning "Tenant Occupancy" in our home. We are relieved to know we can have a long-term tenant renting a room in our home during a reverse mortgage. Mrs. Clary
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Hello Amnon Thank you for your question! Yes, our HQ is in Orange County. You are welcome to come into our offices for an appointment or we can send one of our specialists to you. Our corporate address is 2019 W. Chapman Ave. Orange CA 92868
Hello Jose, Thank you for your question! Only spouses are allowed to transfer to title at the closing. If you are not on title now and would like to complete a reverse mortgage you will need to be on title at the time of application. If you have any other questions please ask here or "Ask ARLO™" here: https://reverse.mortgage/info/
Hi Joyce! That's too funny! We definitely don't use drones but we do have access to public records, recorded deeds, title profiles etc. We do a great job of prequalifying our customers upfront so that there isn't any suprises for our processing team. I hope our representative took a good care of your initial inquiry. Please reach out for any additional help we look forward to serving you!
Hi Christine, Even if you don’t live in the property currently, you are married and therefore your husband would also be considered with the next reverse mortgage loan. He cannot be on two reverse mortgages at the same time and therefore, you would not be able to use the HUD Home Equity Conversion Mortgage (HECM or “Heck-um”) on the second property while still married.
Hello Daniel, There is no provision in the reverse mortgage that prohibits you from obtaining any other secondary financing. Reportedly, HUD’s Title One second trust deed loan can be placed behind a reverse mortgage but we do not offer this financing so we cannot independently verify this information or the parameters of the loan if it is true. You may find it difficult to find a lender who will go behind a reverse mortgage knowing that you do not have to make any payments on the loan, but we have seen some borrowers able to obtain seconds behind their reverse mortgages so it appears there are some options out there but you may have to look for them and again, it’s just a matter of whether or not your circumstances will fit their parameters.
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