Connecticut Reverse Mortgage Market Report
Statewide HECM Portfolio • Regulatory Framework: Enhanced Counseling Mandate
Connecticut Executive Market BLUF
Fairfield County leads Connecticut with high MCA valuations and substantial suburban home equity monetization.
Strategic Key Takeaways
- •Statewide senior home equity: $280.0 Billion.
- •Average Maximum Claim Amount (MCA): $571,000.
- •Annual endorsement momentum: +6.5% YoY.
- •Regulatory category: Enhanced Counseling Mandate.
830,000 seniors age 62+
Rank #27 Nationwide
Prior Year: 460
Median Home: $395,000
Connecticut HECM Endorsement History
Annual volume trajectory vs average claim amount
Top HECM Origination Counties in Connecticut
8 Total Counties TrackedConnecticut County-Level HECM & Senior Equity Directory (8 Jurisdictions)
Complete county-by-county reverse mortgage endorsements, average Maximum Claim Amounts, and senior housing wealth in Connecticut.
| County | FIPS | Endorsements YTD | Avg MCA | Senior Equity | YoY Velocity |
|---|---|---|---|---|---|
| Fairfield County | 09001 | 180 | $269,323 | $0.7B | -2.0% |
| Hartford County | 09003 | 120 | $278,773 | $0.8B | 0.0% |
| Windham County | 09015 | 17 | $335,475 | $1.1B | +12.0% |
| Tolland County | 09013 | 17 | $326,025 | $1.0B | +10.0% |
| New London County | 09011 | 16 | $316,573 | $1.1B | +8.0% |
| New Haven County | 09009 | 16 | $307,125 | $1.0B | +6.0% |
| Middlesex County | 09007 | 15 | $297,675 | $0.9B | +4.0% |
| Litchfield County | 09005 | 15 | $288,225 | $0.9B | +2.0% |
Calculate Borrowing Power in Connecticut
Institutional FHA HECM Principal Limit Calculator
HUD Mortgagee Letter 2017-17 Actuarial Matrix • Active FHA MCA Cap: $1,149,825
Under HUD ML 2014-07, spouses of any age can be named as an Eligible Non-Borrowing Spouse, securing statutory rights to remain in the home indefinitely after the borrowing spouse passes away.
Available immediately as an unused, guaranteed growing Line of Credit, or distributed as monthly tenure payments for life.
10-Year Line of Credit Compounding Trajectory
| Year | Available Line | Loan Balance | Est. Retained Equity |
|---|---|---|---|
| Year 0 | $149,600 | $139,000 | $511,000 |
| Year 2 | $170,478 | $158,398 | $537,898 |
| Year 4 | $194,269 | $180,504 | $565,386 |
| Year 6 | $221,380 | $205,694 | $593,322 |
| Year 8 | $252,275 | $234,400 | $621,526 |
| Year 10 | $287,482 | $267,112 | $649,777 |