What are the reverse mortgage rules in Hawaii?

Hawaii operates under the Standard HUD/FHA framework. In addition to standard federal HUD requirements (age 62+, primary residence, mandatory HUD-approved counseling), state-specific consumer disclosures must be provided prior to application execution.

What is the average reverse mortgage loan limit in Hawaii?

In Hawaii, the average Maximum Claim Amount (MCA) currently stands at $872,000, with loans capped under the statutory FHA limit of $1,149,825 for single-family residences.

Home/Market Trends/Hawaii

#28

Hawaii Reverse Mortgage Market Report

Statewide HECM Portfolio • Regulatory Framework: Standard HUD/FHA

28 Active FHA Lenders

Hawaii Executive Market BLUF

Institutional VerifiedAugust 2026 (HUD FHA Single-Family Release)

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.

Total Senior Equity Pool

$210BEquity Pool

340,000 seniors age 62+

Total HECM Volume

$0.41B+14.6%

Rank #28 Nationwide

Endorsements YTD

470Annual Pace

Prior Year: 410

Average MCA

$872,000FHA Insured

Median Home: $850,000

Hawaii HECM Endorsement History

Annual volume trajectory vs average claim amount

Endorsements

Avg MCA

470 loans

2024 YTD

Latest Endorsements470

Average Claim (MCA)$872,000

Line of Credit Share91.2%

Avg Borrower Age73.6 yrs

Top HECM Origination Counties in Hawaii

Honolulu County72.3% State Share

340 HECM Endorsements

View Local Data

Maui County14.9% State Share

70 HECM Endorsements

View Local Data

Calculate Borrowing Power in Hawaii

Institutional FHA HECM Principal Limit Calculator

HUD Mortgagee Letter 2017-17 Calibrated • 2026 FHA MCA Cap: $1,149,825

Non-Recourse Insured

Quick Scenarios:

Estimated Appraised Home Value$650,000

$150KFHA Cap: $1.15M$2.5M+ (Jumbo)

Youngest Borrower Age (or Eligible Non-Borrowing Spouse)72 Years Old

Age 62 (Min)Age 75Age 95

Existing Forward Mortgage Payoff Balance$120,000

$0 (Free & Clear)$400K$800K

Expected Interest Rate (EIR = 10-Yr CMT + Margin)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)

$148,300PLF: 44.2%

Available immediately as an unused, guaranteed growing Line of Credit, or distributed as monthly tenure payments for life.

Gross Principal Limit$287,300

Tenure Monthly Payout$984/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

Growth Rate: 6.75%

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

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). "Hawaii Reverse Mortgage (HECM) Market Intelligence Report." Systemores Institutional Reverse Mortgage Intelligence. Retrieved from https://reverse.systemores.com/trends/hawaii

Provenance: HUD FHA Single-Family Datasets & Hawaii Housing Division