Florida Reverse Mortgage Market Report
Statewide HECM Portfolio • Regulatory Framework: Standard HUD/FHA
Florida Executive Market BLUF
Florida boasts the highest concentration of retirement-age homeowners in the country. With strong in-migration of retirees holding significant home equity, HECM for Purchase transactions have grown 24% year-over-year in the Tampa and Orlando corridors.
Strategic Key Takeaways
- •Statewide senior home equity: $1480.0 Billion.
- •Average Maximum Claim Amount (MCA): $489,000.
- •Annual endorsement momentum: +10.9% YoY.
- •Regulatory category: Standard HUD/FHA.
5,240,000 seniors age 62+
Rank #2 Nationwide
Prior Year: 4,410
Median Home: $395,000
Florida HECM Endorsement History
Annual volume trajectory vs average claim amount
Top HECM Origination Counties in Florida
890 HECM Endorsements
810 HECM Endorsements
760 HECM Endorsements
420 HECM Endorsements
380 HECM Endorsements
Calculate Borrowing Power in Florida
Institutional FHA HECM Principal Limit Calculator
HUD Mortgagee Letter 2017-17 Calibrated • 2026 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 | $148,300 | $139,000 | $511,000 |
| Year 2 | $168,996 | $158,398 | $537,898 |
| Year 4 | $192,581 | $180,504 | $565,386 |
| Year 6 | $219,457 | $205,694 | $593,322 |
| Year 8 | $250,083 | $234,400 | $621,526 |
| Year 10 | $284,984 | $267,112 | $649,777 |