Clark County, NV Reverse Mortgage Snapshot
FIPS: 32003 • Las Vegas-Henderson-North Las Vegas, NV • Market Tier: High Volume
Clark County Executive BLUF Summary
Clark County (Las Vegas, Henderson, Summerlin) is a premier Sunbelt destination for senior relocation. Retirees capitalize on strong equity rollovers from California and the Pacific Northwest to fund active adult living without ongoing mortgage payments.
Strategic Key Takeaways
- •Estimated Senior Home Equity (62+): $140 Billion.
- •Average Maximum Claim Amount (MCA): $495,000.
- •Senior Homeownership Rate: 77.2%.
- •Regulatory: Nevada Division of Mortgage Lending reverse mortgage statutory counseling compliance verified.
510,000 seniors (Age 62+)
Prior Year: 540
Median Home: $435,000
FHA Cap: $1,149,825
Clark County Endorsement & MCA Trajectory
Annual FHA single-family reverse mortgage activity
Top FHA Approved Reverse Mortgage Lenders in Clark County
Mutual of Omaha Mortgage
Direct Endorsement Approved
Finance of America Reverse
Direct Endorsement Approved
Fairway Independent Mortgage
Direct Endorsement Approved
Longbridge Financial
Direct Endorsement Approved
Estimate HECM Line of Credit for Clark County Homeowners
Institutional FHA HECM Principal Limit Calculator
HUD Mortgagee Letter 2017-17 Calibrated • 2026 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 | $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 |