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Florida Reverse Mortgage Market Report
Statewide HECM Portfolio • Regulatory Framework: Standard HUD/FHA
72 Active FHA Lenders
Florida Executive Market BLUF
Institutional VerifiedAugust 2026 (HUD FHA Single-Family Release)
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.
Total Senior Equity Pool
$1480BEquity Pool
5,240,000 seniors age 62+
Total HECM Volume
$2.39B+10.9%
Rank #2 Nationwide
Endorsements YTD
4,890Annual Pace
Prior Year: 4,410
Average MCA
$489,000FHA Insured
Median Home: $395,000
Florida HECM Endorsement History
Annual volume trajectory vs average claim amount
Endorsements
Avg MCA
6,200 loans
2021
8,100 loans
2022
4,410 loans
2023
4,890 loans
2024 YTD
Latest Endorsements4,890
Average Claim (MCA)$489,000
Line of Credit Share89.2%
Avg Borrower Age74 yrs
Top HECM Origination Counties in Florida
67 Total Counties TrackedMiami-Dade County18.2% State Share
890 HECM Endorsements
View Local Data
Broward County16.6% State Share
810 HECM Endorsements
View Local Data
Palm Beach County15.5% State Share
760 HECM Endorsements
View Local Data
Hillsborough County8.6% State Share
420 HECM Endorsements
View Local Data
Pinellas County7.8% State Share
380 HECM Endorsements
View Local Data
Florida County-Level HECM & Senior Equity Directory (67 Jurisdictions)
Complete county-by-county reverse mortgage endorsements, average Maximum Claim Amounts, and senior housing wealth in Florida.
| County | FIPS | Endorsements YTD | Avg MCA | Senior Equity | YoY Velocity |
|---|---|---|---|---|---|
| Miami-Dade County | 12086 | 890 | $550,000 | $165.0B | +9.9% |
| Broward County | 12011 | 810 | $510,000 | $135.0B | +11.0% |
| Palm Beach County | 12099 | 760 | $650,000 | $170.0B | +11.8% |
| Lee County | 12071 | 750 | $314,172 | $26.2B | +6.5% |
| Orange County | 12095 | 596 | $355,320 | $23.6B | +6.5% |
| Sarasota County | 12115 | 550 | $365,580 | $22.4B | +6.5% |
| Brevard County | 12009 | 492 | $300,240 | $16.4B | +6.5% |
| Duval County | 12031 | 492 | $271,404 | $14.9B | +6.5% |
| Polk County | 12105 | 492 | $232,956 | $12.7B | +6.5% |
| Volusia County | 12127 | 466 | $271,512 | $14.1B | +6.5% |
| Pasco County | 12101 | 424 | $252,288 | $11.9B | +6.5% |
| Hillsborough County | 12057 | 420 | $318,492 | $25.5B | +6.5% |
| Collier County | 12021 | 419 | $479,196 | $22.3B | +6.5% |
| Manatee County | 12081 | 383 | $349,812 | $14.9B | +6.5% |
| Pinellas County | 12103 | 380 | $307,044 | $28.1B | +6.5% |
| Marion County | 12083 | 367 | $210,492 | $8.6B | +6.5% |
| Lake County | 12069 | 347 | $283,500 | $10.9B | +6.5% |
| St. Lucie County | 12111 | 274 | $297,972 | $9.1B | +6.5% |
| Charlotte County | 12015 | 257 | $287,064 | $8.2B | +6.5% |
| Sumter County | 12119 | 256 | $350,352 | $10.0B | +6.5% |
| Seminole County | 12117 | 254 | $355,644 | $10.0B | +6.5% |
| St. Johns County | 12109 | 194 | $449,388 | $9.7B | +6.5% |
| Escambia County | 12033 | 189 | $222,912 | $4.7B | +6.5% |
| Citrus County | 12017 | 189 | $206,064 | $4.3B | +6.5% |
| Indian River County | 12061 | 183 | $307,152 | $6.3B | +6.5% |
| Hernando County | 12053 | 177 | $231,876 | $4.6B | +6.5% |
| Osceola County | 12097 | 174 | $308,016 | $6.0B | +6.5% |
| Martin County | 12085 | 170 | $387,936 | $7.3B | +6.5% |
| Leon County | 12073 | 139 | $277,452 | $4.3B | +6.5% |
| Alachua County | 12001 | 137 | $265,248 | $4.1B | +6.5% |
| Highlands County | 12055 | 122 | $168,372 | $2.3B | +6.5% |
| Flagler County | 12035 | 121 | $317,196 | $4.3B | +6.5% |
| Clay County | 12019 | 121 | $274,860 | $3.7B | +6.5% |
| Okaloosa County | 12091 | 116 | $319,032 | $4.1B | +6.5% |
| Bay County | 12005 | 110 | $266,544 | $3.3B | +6.5% |
| Santa Rosa County | 12113 | 103 | $294,300 | $3.4B | +6.5% |
| Nassau County | 12089 | 70 | $331,344 | $2.6B | +6.5% |
| Monroe County | 12087 | 64 | $752,652 | $5.4B | +6.5% |
| Putnam County | 12107 | 58 | $135,756 | $0.9B | +6.5% |
| Walton County | 12131 | 51 | $353,160 | $2.0B | +6.5% |
| Columbia County | 12023 | 46 | $178,524 | $0.9B | +6.5% |
| Levy County | 12075 | 35 | $163,944 | $0.7B | +6.5% |
| Jackson County | 12063 | 33 | $122,364 | $0.5B | +6.5% |
| Suwannee County | 12121 | 31 | $147,420 | $0.5B | +6.5% |
| Gadsden County | 12039 | 28 | $148,284 | $0.5B | +6.5% |
| Okeechobee County | 12093 | 25 | $171,180 | $0.5B | +6.5% |
| DeSoto County | 12027 | 25 | $150,660 | $0.4B | +6.5% |
| Wakulla County | 12129 | 17 | $214,488 | $0.4B | +6.5% |
| Hendry County | 12051 | 17 | $165,456 | $0.3B | +6.5% |
| Bradford County | 12007 | 16 | $166,212 | $0.3B | +6.5% |
| Baker County | 12003 | 14 | $214,812 | $0.3B | +6.5% |
| Washington County | 12133 | 14 | $148,608 | $0.2B | +6.5% |
| Taylor County | 12123 | 14 | $96,444 | $0.2B | +6.5% |
| Hardee County | 12049 | 13 | $128,196 | $0.2B | +6.5% |
| Dixie County | 12029 | 13 | $100,656 | $0.1B | +6.5% |
| Holmes County | 12059 | 13 | $102,492 | $0.1B | +6.5% |
| Madison County | 12079 | 13 | $99,792 | $0.1B | +6.5% |
| Gilchrist County | 12041 | 12 | $178,740 | $0.2B | +6.5% |
| Gulf County | 12045 | 11 | $213,516 | $0.3B | +6.5% |
| Jefferson County | 12065 | 11 | $181,008 | $0.2B | +6.5% |
| Franklin County | 12037 | 10 | $254,988 | $0.3B | +6.5% |
| Glades County | 12043 | 10 | $98,604 | $0.1B | +6.5% |
| Union County | 12125 | 8 | $157,896 | $0.2B | +6.5% |
| Calhoun County | 12013 | 8 | $127,548 | $0.1B | +6.5% |
| Hamilton County | 12047 | 8 | $108,864 | $0.1B | +6.5% |
| Lafayette County | 12067 | 5 | $128,088 | $0.1B | +6.5% |
| Liberty County | 12077 | 4 | $122,364 | $0.1B | +6.5% |
Calculate Borrowing Power in Florida
Institutional FHA HECM Principal Limit Calculator
HUD Mortgagee Letter 2017-17 Actuarial Matrix • Active FHA MCA Cap: $1,149,825
Non-Recourse Insured
Quick Scenarios:
$650,000
$150KFHA Cap: $1.15M$2.5M+ (Jumbo)
72 Years Old
Age 62 (Min)Age 75Age 95
$120,000
$0 (Free & Clear)$400K$800K
6.25%
4.00%6.25%8.50%
Eligible Non-Borrowing Spouse (NBS) Protection
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.
Net Available Principal Limit (LOC / Cash Payout)
$149,600PLF: 44.4%
Available immediately as an unused, guaranteed growing Line of Credit, or distributed as monthly tenure payments for life.
Gross Principal Limit$288,600
Tenure Monthly Payout$992/mo
Mandatory Debt Payoff$120,000
Max Claim Limit (Cap)$650,000
FHA Upfront MIP (2%)$13,000
Est. Total Closing Costs$19,000
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 |
Plain-English Borrower Safeguards:
Zero Monthly Mortgage Bills
You Retain 100% Home Title
Tax-Free Loan Proceeds
Non-Recourse Protection for Heirs
Machine & Academic Citation Index
ReversePulse Research Board. (August 2026). "Florida Reverse Mortgage (HECM) Market Intelligence Report." Systemores Institutional Reverse Mortgage Intelligence. Retrieved from https://reverse.systemores.com/trends/florida
Provenance: HUD FHA Single-Family Datasets & Florida Housing Division