ARLO™ Reverse Loan Calculator

ARLO™ Reverse Loan Calculator

Instant Quote. No SSN Required

3 ratings
6 reviews
Free

Details

  • Released
  • Updated
  • October 7, 2020
  • October 22, 2020

Features

ARLO™ Reverse Loan Calculator screenshot #1 for iPhone
iphone
ipad
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About

This app provides instant and accurate reverse mortgage eligibility, interest rates, and APR. It helps users determine their available loan amount and find the most suitable program based on age and property details.

Instant eligibility quotes
Real-time interest rates & APR
Calculate available loan amount
Find suitable reverse mortgage programs
Input age and property details
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What's New in ARLO™ Reverse Loan Calculator

2.6

October 22, 2020

Minor graphics improvements as well as more options in connecting with us.

User reviews

Amazing Calculator

What a great calculator. Incredibly easy to use and understand. Best one I’ve seen.

Awesome and Quick

Works Great. My wife and I just want a quick answer and ARLO gave me the answer I need

Easy-to-Use

Works well; I got the numbers I needed and was connected with an agent promptly.

Best reverse mortgage calculator in App Store

This is the most helpful reverse mortgage calculator I’ve used. It gives instant, accurate quotes without asking for personal information, which made me feel completely at ease.

The app is simple, clear, and easy to navigate. It showed me real-time rates and closing costs upfront, and the numbers were almost identical to what I later received from an agent.

If you want real numbers you can trust, this is the calculator I recommend for planning retirement or helping a loved one.
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Best reverse mortgage calculator in App Store

This is by far the most helpful reverse mortgage calculator I’ve found — and I’ve tried several. It gives you an instant quote without asking for personal info like your Social Security number, which really put me at ease.

The interface is clean and simple, perfect for older users like myself. It walked me through the options clearly and even showed current interest rates and estimated closing costs — all upfront! I was surprised how accurate the quote was compared to what I later received from a live agent.

If you’re exploring reverse mortgage options and want real numbers (not vague estimates), ARLO™ is the only app I’d trust. Highly recommend for anyone planning their retirement or helping a loved one navigate the process.
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FAQ

What is ARLO™?

ARLO™ is a reverse mortgage calculator that provides instant and accurate eligibility, real-time interest rates, and APR. It helps users determine their available loan amount and find the most suitable program for their needs.

How do I use ARLO™?

Using ARLO™ involves two main steps: entering your age details and then your property details. The app will then generate a quote based on this information.

Does ARLO™ require my Social Security Number?

No, ARLO™ does not require your Social Security Number to generate an instant quote. This feature is highlighted in its subtitle, emphasizing privacy and ease of access.

What information is crucial when entering spouse's age?

It is important to include your spouse's age, even if they are not yet 62, as loan proceeds are always based on the age of the youngest spouse. This ensures accurate calculations.

When should I consider waiting to close a reverse mortgage?

If you are closing a reverse mortgage within 6 months of your next birthday, your calculations automatically move into the next year’s principal limit factor. It might benefit you to wait a few weeks if you are very close to your birthday.

How should I account for a HELOC?

If you have a HELOC (Home Equity Line of Credit), be sure to include this balance as part of the total mortgage payoff when using the calculator for accurate results.

What is the update frequency for ARLO™?

ARLO™ was last updated on October 22, 2020, to version 2.6. This indicates a past update, and users may want to check for newer versions if available.

What is the user rating for ARLO™?

ARLO™ has a user rating of 2.3 stars from 3 ratings. This suggests that while the app offers specific functionality, user satisfaction may be mixed.