Maryland Reverse Mortgage Market Report
Statewide HECM Portfolio • Regulatory Framework: Standard HUD/FHA
Maryland Executive Market BLUF
Maryland features high average Maximum Claim Amounts across Montgomery and Howard counties, with high federal workforce retiree participation.
Strategic Key Takeaways
- •Statewide senior home equity: $480.0 Billion.
- •Average Maximum Claim Amount (MCA): $565,000.
- •Annual endorsement momentum: +9.5% YoY.
- •Regulatory category: Standard HUD/FHA.
1,220,000 seniors age 62+
Rank #15 Nationwide
Prior Year: 840
Median Home: $425,000
Maryland HECM Endorsement History
Annual volume trajectory vs average claim amount
Top HECM Origination Counties in Maryland
24 Total Counties TrackedMaryland County-Level HECM & Senior Equity Directory (24 Jurisdictions)
Complete county-by-county reverse mortgage endorsements, average Maximum Claim Amounts, and senior housing wealth in Maryland.
| County | FIPS | Endorsements YTD | Avg MCA | Senior Equity | YoY Velocity |
|---|---|---|---|---|---|
| Anne Arundel County | 24003 | 303 | $466,560 | $15.8B | +6.5% |
| Montgomery County | 24031 | 220 | $636,012 | $40.5B | +6.5% |
| Prince George's County | 24033 | 190 | $410,940 | $20.7B | +6.5% |
| Howard County | 24027 | 161 | $595,404 | $10.7B | +6.5% |
| Baltimore County | 24005 | 160 | $335,664 | $18.8B | +6.5% |
| Baltimore city | 24510 | 160 | $219,132 | $7.1B | +6.5% |
| Harford County | 24025 | 146 | $379,188 | $6.2B | +6.5% |
| Frederick County | 24021 | 137 | $445,500 | $6.8B | +6.5% |
| Carroll County | 24013 | 101 | $421,416 | $4.7B | +6.5% |
| Washington County | 24043 | 92 | $283,392 | $2.9B | +6.5% |
| Charles County | 24017 | 72 | $413,424 | $3.3B | +6.5% |
| Cecil County | 24015 | 57 | $315,900 | $2.0B | +6.5% |
| Wicomico County | 24045 | 56 | $245,052 | $1.5B | +6.5% |
| St. Mary's County | 24037 | 50 | $407,052 | $2.3B | +6.5% |
| Worcester County | 24047 | 49 | $335,124 | $1.9B | +6.5% |
| Calvert County | 24009 | 48 | $452,412 | $2.4B | +6.5% |
| Allegany County | 24001 | 47 | $154,764 | $0.8B | +6.5% |
| Talbot County | 24041 | 37 | $412,560 | $1.7B | +6.5% |
| Queen Anne's County | 24035 | 33 | $455,652 | $1.7B | +6.5% |
| Dorchester County | 24019 | 24 | $244,080 | $0.7B | +6.5% |
| Garrett County | 24023 | 22 | $237,708 | $0.6B | +6.5% |
| Caroline County | 24011 | 18 | $279,504 | $0.6B | +6.5% |
| Kent County | 24029 | 17 | $315,252 | $0.6B | +6.5% |
| Somerset County | 24039 | 14 | $169,776 | $0.3B | +6.5% |
Calculate Borrowing Power in Maryland
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 |