Harris County, TX Reverse Mortgage Snapshot
FIPS: 48201 • Houston-The Woodlands-Sugar Land, TX • Market Tier: High Volume
Harris County Executive BLUF Summary
Harris County represents the commercial and demographic anchor of Texas reverse mortgage activity. Steady home equity accumulation in Katy, Spring, and Clear Lake has expanded senior borrowing capacity by 18% over the past 3 years.
Strategic Key Takeaways
- •Estimated Senior Home Equity (62+): $118 Billion.
- •Average Maximum Claim Amount (MCA): $390,000.
- •Senior Homeownership Rate: 76.5%.
- •Regulatory: Texas Constitutional 12-day notice and judicial review rules strictly applied.
620,000 seniors (Age 62+)
Prior Year: 670
Median Home: $295,000
FHA Cap: $1,149,825
Harris County Endorsement & MCA Trajectory
Annual FHA single-family reverse mortgage activity
Top FHA Approved Reverse Mortgage Lenders in Harris County
Open Mortgage
Direct Endorsement Approved
Finance of America Reverse
Direct Endorsement Approved
Mutual of Omaha Mortgage
Direct Endorsement Approved
Fairway Independent Mortgage
Direct Endorsement Approved
Estimate HECM Line of Credit for Harris 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 |