Nevada Reverse Mortgage Market Report
Statewide HECM Portfolio • Regulatory Framework: Standard HUD/FHA
Nevada Executive Market BLUF
Nevada activity is concentrated in the Las Vegas (Clark County) and Reno (Washoe County) corridors, driven by retiree migration seeking tax-friendly retirement states.
Strategic Key Takeaways
- •Statewide senior home equity: $220.0 Billion.
- •Average Maximum Claim Amount (MCA): $494,000.
- •Annual endorsement momentum: +14.5% YoY.
- •Regulatory category: Standard HUD/FHA.
670,000 seniors age 62+
Rank #18 Nationwide
Prior Year: 690
Median Home: $440,000
Nevada HECM Endorsement History
Annual volume trajectory vs average claim amount
Top HECM Origination Counties in Nevada
17 Total Counties TrackedNevada County-Level HECM & Senior Equity Directory (17 Jurisdictions)
Complete county-by-county reverse mortgage endorsements, average Maximum Claim Amounts, and senior housing wealth in Nevada.
| County | FIPS | Endorsements YTD | Avg MCA | Senior Equity | YoY Velocity |
|---|---|---|---|---|---|
| Clark County | 32003 | 620 | $495,000 | $140.0B | +14.8% |
| Washoe County | 32031 | 130 | $496,800 | $15.2B | +6.5% |
| Nye County | 32023 | 53 | $254,340 | $1.5B | +6.5% |
| Douglas County | 32005 | 50 | $571,968 | $3.2B | +6.5% |
| Lyon County | 32019 | 42 | $339,336 | $1.6B | +6.5% |
| Carson City | 32510 | 40 | $422,064 | $1.9B | +6.5% |
| Elko County | 32007 | 22 | $296,136 | $0.7B | +6.5% |
| Churchill County | 32001 | 16 | $275,616 | $0.5B | +6.5% |
| Humboldt County | 32013 | 8 | $261,576 | $0.3B | +6.5% |
| Storey County | 32029 | 5 | $321,624 | $0.2B | +6.5% |
| White Pine County | 32033 | 5 | $213,408 | $0.1B | +6.5% |
| Lander County | 32015 | 4 | $213,840 | $0.1B | +6.5% |
| Eureka County | 32011 | 4 | $191,592 | $0.0B | +6.5% |
| Lincoln County | 32017 | 4 | $185,544 | $0.1B | +6.5% |
| Pershing County | 32027 | 4 | $177,552 | $0.1B | +6.5% |
| Mineral County | 32021 | 4 | $165,672 | $0.1B | +6.5% |
| Esmeralda County | 32009 | 4 | $103,140 | $0.0B | +6.5% |
Calculate Borrowing Power in Nevada
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 |