#32
Oklahoma Reverse Mortgage Market Report
Statewide HECM Portfolio • Regulatory Framework: Standard HUD/FHA
27 Active FHA Lenders
Oklahoma Executive Market BLUF
Institutional VerifiedAugust 2026 (HUD FHA Single-Family Release)
Oklahoma serves as a major national operational hub for HECM originations (FAR headquarters in Tulsa) with steady local adoption.
Strategic Key Takeaways
- •Statewide senior home equity: $150.0 Billion.
- •Average Maximum Claim Amount (MCA): $230,000.
- •Annual endorsement momentum: +8.3% YoY.
- •Regulatory category: Standard HUD/FHA.
Total Senior Equity Pool
$150BEquity Pool
840,000 seniors age 62+
Total HECM Volume
$0.09B+8.3%
Rank #32 Nationwide
Endorsements YTD
390Annual Pace
Prior Year: 360
Average MCA
$230,000FHA Insured
Median Home: $195,000
Oklahoma HECM Endorsement History
Annual volume trajectory vs average claim amount
Endorsements
Avg MCA
390 loans
2024 YTD
Latest Endorsements390
Average Claim (MCA)$230,000
Line of Credit Share87.4%
Avg Borrower Age74.6 yrs
Top HECM Origination Counties in Oklahoma
77 Total Counties TrackedOklahoma County-Level HECM & Senior Equity Directory (77 Jurisdictions)
Complete county-by-county reverse mortgage endorsements, average Maximum Claim Amounts, and senior housing wealth in Oklahoma.
| County | FIPS | Endorsements YTD | Avg MCA | Senior Equity | YoY Velocity |
|---|---|---|---|---|---|
| Cleveland County | 40027 | 140 | $220,212 | $3.4B | +6.5% |
| Oklahoma County | 40109 | 120 | $205,740 | $8.6B | +6.5% |
| Tulsa County | 40143 | 110 | $212,004 | $7.8B | +6.5% |
| Canadian County | 40017 | 70 | $229,716 | $1.8B | +6.5% |
| Rogers County | 40131 | 53 | $222,804 | $1.3B | +6.5% |
| Comanche County | 40031 | 53 | $157,464 | $0.9B | +6.5% |
| Wagoner County | 40145 | 46 | $217,728 | $1.1B | +6.5% |
| Creek County | 40037 | 43 | $171,612 | $0.8B | +6.5% |
| Pottawatomie County | 40125 | 39 | $158,760 | $0.7B | +6.5% |
| Muskogee County | 40101 | 37 | $139,212 | $0.6B | +6.5% |
| Payne County | 40119 | 35 | $211,788 | $0.8B | +6.5% |
| Delaware County | 40041 | 34 | $164,700 | $0.6B | +6.5% |
| Washington County | 40147 | 34 | $163,080 | $0.6B | +6.5% |
| Garfield County | 40047 | 34 | $153,360 | $0.6B | +6.5% |
| Osage County | 40113 | 31 | $167,616 | $0.6B | +6.5% |
| Grady County | 40051 | 30 | $191,268 | $0.7B | +6.5% |
| Pittsburg County | 40121 | 29 | $146,664 | $0.5B | +6.5% |
| Stephens County | 40137 | 29 | $137,700 | $0.5B | +6.5% |
| Le Flore County | 40079 | 29 | $120,204 | $0.4B | +6.5% |
| Logan County | 40083 | 27 | $239,004 | $0.7B | +6.5% |
| Bryan County | 40013 | 27 | $163,620 | $0.5B | +6.5% |
| Carter County | 40019 | 27 | $155,952 | $0.5B | +6.5% |
| Cherokee County | 40021 | 27 | $156,168 | $0.5B | +6.5% |
| Kay County | 40071 | 27 | $120,528 | $0.4B | +6.5% |
| Mayes County | 40097 | 24 | $165,780 | $0.5B | +6.5% |
| Sequoyah County | 40135 | 24 | $128,088 | $0.3B | +6.5% |
| Okmulgee County | 40111 | 22 | $114,804 | $0.3B | +6.5% |
| McClain County | 40087 | 21 | $231,552 | $0.6B | +6.5% |
| Pontotoc County | 40123 | 21 | $163,620 | $0.4B | +6.5% |
| Lincoln County | 40081 | 21 | $152,712 | $0.4B | +6.5% |
| McCurtain County | 40089 | 18 | $120,312 | $0.3B | +6.5% |
| Ottawa County | 40115 | 18 | $116,100 | $0.2B | +6.5% |
| McIntosh County | 40091 | 16 | $130,680 | $0.2B | +6.5% |
| Garvin County | 40049 | 15 | $134,244 | $0.2B | +6.5% |
| Caddo County | 40015 | 14 | $107,892 | $0.2B | +6.5% |
| Seminole County | 40133 | 14 | $95,148 | $0.1B | +6.5% |
| Custer County | 40039 | 13 | $182,196 | $0.3B | +6.5% |
| Jackson County | 40065 | 12 | $124,416 | $0.2B | +6.5% |
| Marshall County | 40095 | 11 | $147,420 | $0.2B | +6.5% |
| Woodward County | 40153 | 10 | $174,528 | $0.2B | +6.5% |
| Beckham County | 40009 | 10 | $161,784 | $0.2B | +6.5% |
| Pawnee County | 40117 | 10 | $124,200 | $0.1B | +6.5% |
| Adair County | 40001 | 10 | $116,856 | $0.1B | +6.5% |
| Murray County | 40099 | 9 | $160,056 | $0.2B | +6.5% |
| Choctaw County | 40023 | 9 | $122,580 | $0.1B | +6.5% |
| Kingfisher County | 40073 | 8 | $204,120 | $0.2B | +6.5% |
| Texas County | 40139 | 8 | $157,896 | $0.1B | +6.5% |
| Atoka County | 40005 | 8 | $132,840 | $0.1B | +6.5% |
| Craig County | 40035 | 8 | $129,600 | $0.1B | +6.5% |
| Pushmataha County | 40127 | 8 | $111,780 | $0.1B | +6.5% |
| Hughes County | 40063 | 8 | $94,284 | $0.1B | +6.5% |
| Noble County | 40103 | 7 | $152,172 | $0.1B | +6.5% |
| Haskell County | 40061 | 7 | $118,368 | $0.1B | +6.5% |
| Love County | 40085 | 6 | $166,860 | $0.1B | +6.5% |
| Nowata County | 40105 | 6 | $122,148 | $0.1B | +6.5% |
| Latimer County | 40077 | 6 | $110,592 | $0.1B | +6.5% |
| Okfuskee County | 40107 | 6 | $112,644 | $0.1B | +6.5% |
| Washita County | 40149 | 6 | $110,808 | $0.1B | +6.5% |
| Johnston County | 40069 | 6 | $107,028 | $0.1B | +6.5% |
| Blaine County | 40011 | 5 | $132,624 | $0.1B | +6.5% |
| Major County | 40093 | 5 | $133,056 | $0.1B | +6.5% |
| Kiowa County | 40075 | 5 | $86,616 | $0.1B | +6.5% |
| Roger Mills County | 40129 | 4 | $162,756 | $0.0B | +6.5% |
| Woods County | 40151 | 4 | $158,436 | $0.1B | +6.5% |
| Dewey County | 40043 | 4 | $126,576 | $0.0B | +6.5% |
| Beaver County | 40007 | 4 | $115,020 | $0.0B | +6.5% |
| Ellis County | 40045 | 4 | $115,344 | $0.0B | +6.5% |
| Cotton County | 40033 | 4 | $113,940 | $0.0B | +6.5% |
| Alfalfa County | 40003 | 4 | $104,004 | $0.0B | +6.5% |
| Greer County | 40055 | 4 | $105,192 | $0.0B | +6.5% |
| Harper County | 40059 | 4 | $104,436 | $0.0B | +6.5% |
| Coal County | 40029 | 4 | $98,064 | $0.0B | +6.5% |
| Grant County | 40053 | 4 | $91,476 | $0.0B | +6.5% |
| Cimarron County | 40025 | 4 | $84,132 | $0.0B | +6.5% |
| Harmon County | 40057 | 4 | $84,780 | $0.0B | +6.5% |
| Jefferson County | 40067 | 4 | $77,976 | $0.0B | +6.5% |
| Tillman County | 40141 | 4 | $67,932 | $0.0B | +6.5% |
Calculate Borrowing Power in Oklahoma
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
| 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 |
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). "Oklahoma Reverse Mortgage (HECM) Market Intelligence Report." Systemores Institutional Reverse Mortgage Intelligence. Retrieved from https://reverse.systemores.com/trends/oklahoma
Provenance: HUD FHA Single-Family Datasets & Oklahoma Housing Division