Explore Your Options

Arkansas mature homeowners: learn about the leading reverse mortgage providers in your area and what it takes to qualify for these flexible financial products. Thought you’d have to sell your home or get a job to make ends simply meet in later years? Let an Arkansas reverse mortgage lender help you decide if a reverse mortgage is right for you.

HUD Reverse Mortgages in Arkansas

Over 90% of all reverse mortgages are the federally insured Home Equity Conversion Mortgage (HECM). HUD reverse mortgages are determined in part by a borrower’s home value in their local area. In Arkansas FHA mortgage limits are consistent across all counties. For homeowners with high value homes this could prove disadvantageous and force them to seek a jumbo reverse mortgage, one with a higher limit or unlimited.

Before you choose a lender for a HUD reverse mortgage visit the HUD website for a list of approved lenders, free of charge. Only those lenders that have done a HECM within the last year are recommended.

Reverse Mortgage Loan Providers for Arkansas Seniors

Use the list to find lenders that serve customers in Arkansas. A few of the nation’s leading providers have offices within the state.

EverBank Reverse Mortgage

EverBank is a popular reverse mortgage provider that serves customers in a number of states, including Arkansas. Featured reverse mortgages include Fannie Mae’s Home Keeper, a slightly modified version of the FHA HECM; the federally insured HECM, and a private jumbo reverse mortgage called Reverse Select. These three products provide a wide spectrum of reverse loan products everything for the average homeowner to the upscale.

Financial Freedom

Financial Freedom is perhaps the largest volume lender in the reverse mortgage market and has offices across the country. FF is a HUD-approved lender for the federally insured Home Equity Conversion Mortgage (HECM). Although this is by far the most popular reverse mortgage offered in the country, you’ll also find the Fannie Mae Home Keeper product and a Financial Freedom proprietary product, Cash Account Advantage Plan. With Home Keeper you have similar features to the HECM with slightly higher limits, but tap into the Cash Account Advantage Plan and you can really squeeze the highest limit out of your home’s equity. Wish to reserve a percentage of your valuable equity for heirs? Add on the Equity Choice feature to the Cash Account product.

Griffin Financial Mortgage

Griffin Financial retains headquarters in Texas, but has licensed offices in over 20 states. The company specializes in both forward and reverse mortgages. You’ll find four distinct products designed to suit almost every type of senior homeowner: the federally-insured Home Equity Conversion Mortgage, Fannie Mae Home Keeper, Financial Freedom’s Cash Account Advantage.