Hawaii Reverse Mortgage Market Report
Statewide HECM Portfolio • Regulatory Framework: Standard HUD/FHA
Hawaii Executive Market BLUF
Hawaii features one of the highest average Maximum Claim Amounts ($872k) in the nation due to Honolulu property values.
Strategic Key Takeaways
- •Statewide senior home equity: $210.0 Billion.
- •Average Maximum Claim Amount (MCA): $872,000.
- •Annual endorsement momentum: +14.6% YoY.
- •Regulatory category: Standard HUD/FHA.
340,000 seniors age 62+
Rank #28 Nationwide
Prior Year: 410
Median Home: $850,000
Hawaii HECM Endorsement History
Annual volume trajectory vs average claim amount
Top HECM Origination Counties in Hawaii
5 Total Counties TrackedHawaii County-Level HECM & Senior Equity Directory (5 Jurisdictions)
Complete county-by-county reverse mortgage endorsements, average Maximum Claim Amounts, and senior housing wealth in Hawaii.
| County | FIPS | Endorsements YTD | Avg MCA | Senior Equity | YoY Velocity |
|---|---|---|---|---|---|
| Honolulu County | 15003 | 340 | $890,000 | $155.0B | +13.3% |
| Hawaii County | 15001 | 150 | $491,292 | $8.2B | +6.5% |
| Maui County | 15009 | 70 | $864,108 | $10.3B | +6.5% |
| Kauai County | 15007 | 52 | $802,332 | $4.7B | +6.5% |
| Kalawao County | 15005 | 4 | $307,800 | $0.0B | +6.5% |
Calculate Borrowing Power in Hawaii
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 |