ReversePulseHECM 2026
Home/Market Trends/Missouri
#23

Missouri Reverse Mortgage Market Report

Statewide HECM Portfolio • Regulatory Framework: Standard HUD/FHA

34 Active FHA Lenders

Missouri Executive Market BLUF

Institutional VerifiedAugust 2026 (HUD FHA Single-Family Release)

Missouri features low living costs and consistent HECM line-of-credit origination across St. Louis and Kansas City metropolitan hubs.

Strategic Key Takeaways

  • •Statewide senior home equity: $270.0 Billion.
  • •Average Maximum Claim Amount (MCA): $288,000.
  • •Annual endorsement momentum: +7.3% YoY.
  • •Regulatory category: Standard HUD/FHA.
Total Senior Equity Pool
$270BEquity Pool

1,310,000 seniors age 62+

Total HECM Volume
$0.17B+7.3%

Rank #23 Nationwide

Endorsements YTD
590Annual Pace

Prior Year: 550

Average MCA
$288,000FHA Insured

Median Home: $240,000

Missouri HECM Endorsement History

Annual volume trajectory vs average claim amount

Endorsements
Avg MCA
590 loans
2024 YTD
Latest Endorsements590
Average Claim (MCA)$288,000
Line of Credit Share87.5%
Avg Borrower Age74.3 yrs

Top HECM Origination Counties in Missouri

115 Total Counties Tracked
St. Louis County32.2% State Share

190 HECM Endorsements

View Local Data
Jackson County22% State Share

130 HECM Endorsements

View Local Data

Missouri County-Level HECM & Senior Equity Directory (115 Jurisdictions)

Complete county-by-county reverse mortgage endorsements, average Maximum Claim Amounts, and senior housing wealth in Missouri.

CountyFIPSEndorsements YTDAvg MCASenior EquityYoY Velocity
St. Charles County29183218$300,564$7.3B+6.5%
St. Louis County29189190$269,352$18.5B+6.5%
St. Louis city29510190$188,028$3.0B+6.5%
Greene County29077168$197,424$3.7B+6.5%
Jackson County29095130$212,652$8.7B+6.5%
Clay County29047124$256,176$3.5B+6.5%
Jefferson County29099119$218,700$2.9B+6.5%
Boone County2901979$256,608$2.3B+6.5%
Jasper County2909765$159,300$1.1B+6.5%
Franklin County2907164$217,836$1.6B+6.5%
Cass County2903762$261,684$1.8B+6.5%
Platte County2916555$311,148$1.9B+6.5%
Christian County2904348$247,536$1.3B+6.5%
Buchanan County2902147$161,568$0.8B+6.5%
Cape Girardeau County2903146$209,736$1.1B+6.5%
Cole County2905144$214,812$1.1B+6.5%
Taney County2921342$189,108$0.9B+6.5%
Camden County2902941$268,596$1.2B+6.5%
St. Francois County2918737$153,036$0.7B+6.5%
Newton County2914536$175,932$0.7B+6.5%
Stone County2920932$238,032$0.9B+6.5%
Lincoln County2911328$223,344$0.7B+6.5%
Howell County2909126$152,928$0.5B+6.5%
Butler County2902326$143,208$0.4B+6.5%
Callaway County2902725$199,044$0.6B+6.5%
Barry County2900925$171,720$0.5B+6.5%
Phelps County2916124$188,028$0.5B+6.5%
Pettis County2915924$162,000$0.4B+6.5%
Johnson County2910123$223,128$0.6B+6.5%
Lawrence County2910923$157,464$0.4B+6.5%
Scott County2920123$143,424$0.4B+6.5%
Warren County2921921$245,160$0.6B+6.5%
Laclede County2910521$163,944$0.4B+6.5%
Lafayette County2910720$201,960$0.5B+6.5%
Webster County2922520$199,908$0.5B+6.5%
Benton County2901520$167,076$0.4B+6.5%
Polk County2916719$185,436$0.4B+6.5%
Stoddard County2920719$132,840$0.3B+6.5%
Marion County2912717$162,972$0.3B+6.5%
Texas County2921517$130,464$0.3B+6.5%
Dunklin County2906917$100,764$0.2B+6.5%
Pulaski County2916916$191,592$0.4B+6.5%
Morgan County2914116$188,460$0.3B+6.5%
Miller County2913116$178,092$0.3B+6.5%
Henry County2908316$165,888$0.3B+6.5%
Crawford County2905515$169,020$0.3B+6.5%
Audrain County2900715$121,284$0.2B+6.5%
Ray County2917714$182,736$0.3B+6.5%
Randolph County2917514$141,696$0.2B+6.5%
Saline County2919513$139,968$0.2B+6.5%
Vernon County2921713$138,024$0.2B+6.5%
Washington County2922113$121,284$0.2B+6.5%
Ste. Genevieve County2918612$213,408$0.3B+6.5%
Clinton County2904912$202,176$0.3B+6.5%
Perry County2915712$194,292$0.3B+6.5%
Andrew County2900312$189,324$0.3B+6.5%
Adair County2900112$158,436$0.2B+6.5%
Wright County2922912$152,928$0.2B+6.5%
Gasconade County2907311$171,828$0.2B+6.5%
Nodaway County2914711$169,776$0.2B+6.5%
Cedar County2903911$164,916$0.2B+6.5%
Dallas County2905911$150,552$0.2B+6.5%
McDonald County2911911$126,576$0.2B+6.5%
Macon County2912111$125,172$0.2B+6.5%
Cooper County2905310$181,656$0.2B+6.5%
Bates County2901310$163,404$0.2B+6.5%
Dent County2906510$133,164$0.2B+6.5%
Pike County2916310$123,228$0.1B+6.5%
New Madrid County2914310$100,872$0.1B+6.5%
Douglas County290679$160,812$0.2B+6.5%
Livingston County291179$150,876$0.2B+6.5%
Hickory County290859$117,612$0.1B+6.5%
Wayne County292239$118,800$0.1B+6.5%
Pemiscot County291559$102,492$0.1B+6.5%
Moniteau County291358$175,068$0.2B+6.5%
Ozark County291538$154,008$0.1B+6.5%
Madison County291238$137,484$0.1B+6.5%
St. Clair County291858$136,620$0.1B+6.5%
Barton County290118$124,848$0.1B+6.5%
Linn County291158$116,208$0.1B+6.5%
Osage County291517$197,640$0.2B+6.5%
Montgomery County291397$175,176$0.1B+6.5%
DeKalb County290637$173,124$0.1B+6.5%
Ralls County291737$155,844$0.1B+6.5%
Monroe County291377$147,528$0.1B+6.5%
Bollinger County290177$133,380$0.1B+6.5%
Grundy County290797$120,204$0.1B+6.5%
Iron County290937$118,152$0.1B+6.5%
Ripley County291817$111,996$0.1B+6.5%
Mississippi County291337$100,008$0.1B+6.5%
Maries County291256$213,192$0.1B+6.5%
Howard County290896$152,172$0.1B+6.5%
Dade County290576$148,392$0.1B+6.5%
Chariton County290416$130,680$0.1B+6.5%
Oregon County291496$124,956$0.1B+6.5%
Carroll County290336$113,940$0.1B+6.5%
Lewis County291116$112,860$0.1B+6.5%
Harrison County290816$103,572$0.1B+6.5%
Caldwell County290255$154,764$0.1B+6.5%
Shannon County292035$152,928$0.1B+6.5%
Daviess County290615$144,072$0.1B+6.5%
Carter County290354$195,588$0.1B+6.5%
Scotland County291994$147,420$0.1B+6.5%
Clark County290454$134,568$0.1B+6.5%
Gentry County290754$124,632$0.1B+6.5%
Holt County290874$124,740$0.1B+6.5%
Reynolds County291794$113,724$0.1B+6.5%
Mercer County291294$113,184$0.0B+6.5%
Putnam County291714$107,568$0.1B+6.5%
Schuyler County291974$114,696$0.0B+6.5%
Atchison County290054$103,788$0.1B+6.5%
Sullivan County292114$98,712$0.0B+6.5%
Knox County291034$96,120$0.0B+6.5%
Shelby County292054$92,772$0.1B+6.5%
Worth County292274$95,148$0.0B+6.5%

Calculate Borrowing Power in Missouri

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

Growth Rate: 6.75%
YearAvailable LineLoan BalanceEst. 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). "Missouri Reverse Mortgage (HECM) Market Intelligence Report." Systemores Institutional Reverse Mortgage Intelligence. Retrieved from https://reverse.systemores.com/trends/missouri
Provenance: HUD FHA Single-Family Datasets & Missouri Housing Division