A local CRMP specialist for Phoenix and the greater Valley. David Rider helps homeowners 55+ turn decades of home equity into retirement security, with honest guidance and a face you can meet in person.
Phoenix is the largest city in Arizona and one of the fastest-growing in the country, and tucked inside that growth are well over 190,000 residents age 65 and older, plus many more in their late 50s and early 60s approaching retirement. A great number of them have owned their homes for decades. With Phoenix's average home value around $411,000 in 2026, that's a lot of equity quietly built up in neighborhoods from Ahwatukee to Moon Valley.
The challenge in a city the size of Phoenix is that home equity is one of the most valuable, and most overlooked, retirement resources most people own. That's exactly what David Rider focuses on. As a Certified Reverse Mortgage Professional (CRMP), the highest credential in the industry, held by only a small fraction of loan officers nationwide, David gives Phoenix homeowners 55 and older local, no-pressure guidance on whether a reverse mortgage fits their plan. Not a 1-800 number with a new voice each time, but a named local expert who knows the Valley and stays accountable long after closing.
Whether you're in a longtime family home in Arcadia, an active-adult community in Ahwatukee, or anywhere across the West and North Valley, Glendale, Peoria, Surprise, or the Sun Cities, the conversation starts the same way: a no-cost evaluation that tells you exactly what's possible, and tells you honestly if a reverse mortgage isn't the right move.
Phoenix homeowners who bought years ago have watched their property values climb substantially. Many are now equity-rich but, like retirees everywhere, would rather not carry a monthly mortgage payment on a fixed income. That combination, significant equity, a desire to stay in the home, and limited appetite for a new payment, is precisely the profile a reverse mortgage was designed for.
The most powerful feature of the FHA HECM is its line of credit, which grows over time at the same rate charged on the loan, independent of what happens to home values. For a Phoenix homeowner, that means establishing a reverse mortgage line of credit early, before it's needed, creates a growing buffer you can draw on in down markets instead of selling investments at a loss. Forward-looking financial advisors increasingly treat it as a proactive retirement tool, not a last resort.
For homeowners looking to move rather than stay put, to be closer to grandchildren, or into a lower-maintenance home, the HECM for Purchase lets you buy a new primary residence in Phoenix with no required monthly mortgage payment going forward.
David works with homeowners across the city of Phoenix and the surrounding Valley. A few of the areas we serve:
The "village" at the base of South Mountain, home to Ahwatukee Retirement Village, an established 55+ community.
Mature, citrus-lined neighborhoods with longtime owners and substantial built-up equity.
A North Phoenix golf-and-resort area popular with established residents and retirees.
Master-planned north-side communities spanning newer and established homes.
Growing areas across the north and southwest of the city with a deep base of homeowners.
Glendale, Peoria, Surprise & the Sun City retirement communities, all served locally.
We review your situation, explain your options, and tell you honestly whether a reverse mortgage fits your goals. By phone at (602) 510-1520, or in person, your call. No cost, no obligation.
Every HECM borrower completes a session with an independent, HUD-approved counselor who has no financial stake in your decision. It's a federal requirement, and a good one. Many Arizona counselors complete the session by phone.
A licensed local appraiser establishes your Phoenix home's current market value. Your available amount is calculated from your age, the home value, and current rates, and a Financial Assessment confirms you can keep up with property taxes and insurance.
Any existing mortgage is paid off first, ending that monthly payment. Remaining funds come to you however you've chosen, lump sum, growing line of credit, monthly payments, or a combination. A three-day right of rescission applies for your protection.
Yes. David Rider, CRMP (NMLS #200787) is a reverse mortgage specialist serving the city of Phoenix and the greater Valley, including Glendale, Peoria, Scottsdale, Surprise, and the nearby Sun Cities. He works with homeowners 55+ across Phoenix neighborhoods from Ahwatukee and Arcadia to Moon Valley, Desert Ridge, and North Phoenix. Evaluations are available by phone at (602) 510-1520 or in person, and the office is at 5559 S Sossaman Road, Building 1, Suite 101, Mesa AZ 85212.
It depends on your age, your home's value, and current interest rates, not on income or credit the way a traditional loan does. With Phoenix's average home value around $411,000 in 2026, many longtime owners have built substantial equity. The 2026 FHA HECM lending limit is $1,249,125, and homes worth more than that can be evaluated for a jumbo or proprietary reverse mortgage that may unlock more equity. A local evaluation runs the exact numbers for your home.
David serves all of Phoenix, Ahwatukee, Arcadia, Biltmore, Moon Valley, Desert Ridge, North Phoenix, Deer Valley, and Laveen, plus the broader West and North Valley: Glendale, Peoria, Surprise, and the Sun City retirement communities. Because evaluations can be completed by phone, his Arizona license covers homeowners throughout the metro and statewide.
Yes. The FHA HECM requires all borrowers to be at least 62, but proprietary products such as the HomeSafe Second are available to homeowners as young as 55. It's a no-monthly-payment reverse second lien that lets a Phoenix homeowner access equity while keeping a low-rate first mortgage in place. David can evaluate which program fits your age and situation.
Yes, that's the HECM for Purchase. It lets a buyer 62+ purchase a new primary residence in Phoenix or the greater Valley using a reverse mortgage, combining a one-time down payment with reverse proceeds so there's no required monthly mortgage payment going forward. It's a popular option for retirees moving closer to family or right-sizing into a lower-maintenance home.
The FHA-insured reverse mortgage. No monthly payment, non-recourse, and a line of credit that grows over time. Age 62+.
Learn about the HECM →Buy a new primary residence in Phoenix with a reverse mortgage, no required monthly payment going forward. Age 62+.
Learn about HECM for Purchase →Keep your low-rate first mortgage and still access equity. No monthly payment. Second lien. Age 55+.
Learn about the HomeSafe Second →See every senior home equity product side-by-side across payment, age, equity, and process.
See the full comparison →A no-cost evaluation takes about 20 minutes and tells you exactly how much equity you can access and what your options look like. If a reverse mortgage isn't right for you, we'll tell you that too. Call (602) 510-1520 or schedule online.
Disclaimer: This page is for educational purposes only and does not constitute financial advice or a commitment to lend. Reverse mortgage products, including the FHA-insured HECM, are subject to program guidelines, loan limits, rates, and eligibility requirements that change without notice. The 2026 HECM lending limit of $1,249,125 applies to case numbers assigned on or after January 1, 2026. Local statistics for Phoenix, Arizona are approximate and provided for general context. Interest accrues on the loan balance over time, reducing home equity. Borrowers must remain in the home as their primary residence and maintain property taxes, insurance, and upkeep; failure to comply may result in the loan becoming due. Consult a qualified financial advisor about your specific situation. David Rider, NMLS #200787. Senior Resources Mortgage operates through NEXA Lending, LLC, NMLS #1660690. AZ Mortgage Banker License BK-2006218. Equal Housing Lender.