Texas Reverse Mortgage Market Report
Statewide HECM Portfolio • Regulatory Framework: Strict Disclosure State
Texas Executive Market BLUF
Texas operates under Article XVI, Section 50(k) of the Texas Constitution, requiring specific statutory cooling-off periods and disclosures. The state has experienced the fastest compound annual growth in line-of-credit reverse mortgage originations between Austin and Dallas-Fort Worth.
Strategic Key Takeaways
- •Statewide senior home equity: $1120.0 Billion.
- •Average Maximum Claim Amount (MCA): $440,000.
- •Annual endorsement momentum: +11.9% YoY.
- •Regulatory category: Strict Disclosure State.
4,350,000 seniors age 62+
Rank #3 Nationwide
Prior Year: 3,290
Median Home: $345,000
Texas HECM Endorsement History
Annual volume trajectory vs average claim amount
Top HECM Origination Counties in Texas
740 HECM Endorsements
510 HECM Endorsements
420 HECM Endorsements
390 HECM Endorsements
340 HECM Endorsements
Calculate Borrowing Power in Texas
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 |