![]() The South Shore is home to what is perhap’s Oahu’s most famous beach, ![]() Oahu offers Kualoa Regional Park and Makapuu Beach Park. Haleiwa Beach Park, Chun’s Reef, Ke Waena Beach and Kawela Bay all along the island’s North Shore. Oahu is home to many world-class beaches, including Sunset Beach, Waimea Bay Beach Park, Ehukai Beach, Haleiwa Alii Beach State Park, Along with Honolulu, which is home to the main campus of the University of Hawaii, Oahu’s major cities include Regional Park as a popular snorkeling destination and Diamond Head, a former volcano that is now one of the island’s most It is also home to Hanauma Bay, which sits within Koko Head Numerous surf contents at Waimea Bay and Sunset Beach. In addition to its historical significance, Oahu is known as a world-renowned big wave surf destination, with its famed North Shore as the site of ![]() territory before becoming a state in 1959. Were annexed by the United States in 1898 and was a U.S. Previously, the capital city was Lahaina, on the island of Maui, before moving to Honolulu in 1845. on December 7, 1941, formalizing the United States’ entryįurther back in Oahu's history, the island was established in roughly the Fifth Century, with King Kamehameha conquering Oahu in 1795 to unite the Its historic past as the site of Japan’s bombing attacks of Pearl Harbor and the U.S. Oahu is also known for being the home of Pearl Harbor and Groups of mountains: the Koolau ("Koʻolau") and Waianae ("Waiʻanae") ranges. Oahu is nearly 600 square miles in size, at 44 miles long and 30 miles across, with roughly 227 miles of shoreline. With Hawaii’s capital city of Honolulu located on the island’s southern coast. It is situated between Kauai to the northwest and Molokai to the southeast, Oahu, or "O’ahu", known as "The Gathering Place", amongst the Hawaiian islands, is the third largest Hawaiian island in terms of land massĪnd has the largest population, with roughly 1 million residents. Everything from the elimination of the existing mortgage payments to the line of credit that grows that grows make reverse mortgage borrowers understand that this program allows them to utilize their homes to not only live comfortably in their family home, but to plan for the future as well. Therefore, homeowners aged 62 and above in all markets have seen that the reverse mortgage can be a very solid financial tool, and many are now seeking the reverse mortgage to augment their retirement plans and not so much as a mortgage of last resort. It is no longer uncommon anywhere in the country for a market to be a solid HUD HECM market and then within just a short distance for a niche jumbo market to be located where there is a need for a jumbo program. Only a seasoned originator can readily inform borrowers which program will best suit their needs and the positives and negatives of each so that the borrower can make an informed decision. Jumbo or proprietary programs typically offer much lower Principal Limits as they relate to values, so not all borrowers are better served with the jumbo programs. We are always looking for new products to offer to borrowers of high valued homes in the higher home priced markets that the HUD HECM may just not serve well. ![]() (ARLO™) were part of the team that wrote and sold the first fixed-rate jumbo reverse mortgage in 2008 and as such, have extensive experience in jumbo or proprietary loan programs as well. The owners and management of All Reverse Mortgage, Inc. (ARLO™) originates in Oahu 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. The HECM is HUD's acronym for their reverse mortgage loan.Īll 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"). Purchase Reverse Mortgages Closed Last 12 MonthsĪll Reverse Mortgage, Inc.
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