Travis County, TX Reverse Mortgage Snapshot
FIPS: 48453 • Austin-Round Rock-San Marcos, TX • Market Tier: High Volume
Travis County Executive BLUF Summary
Travis County features high average home equity gains following Austin’s tech expansion. Reverse mortgage utilization is overwhelmingly focused on growing Line of Credit reserves to offset rising Travis County property tax carrying costs.
Strategic Key Takeaways
- •Estimated Senior Home Equity (62+): $34.8 Billion.
- •Average Maximum Claim Amount (MCA): $560,000.
- •Senior Homeownership Rate: 81.2%.
- •Regulatory: Texas Section 50(k) 12-day notice requirement strictly enforced prior to closing.
142,000 seniors (Age 62+)
Prior Year: 340
Median Home: $540,000
FHA Cap: $1,149,825
Travis County Endorsement & MCA Trajectory
Annual FHA single-family reverse mortgage activity
Top FHA Approved Reverse Mortgage Lenders in Travis County
Open Mortgage
Direct Endorsement Approved
Mutual of Omaha Mortgage
Direct Endorsement Approved
Finance of America Reverse
Direct Endorsement Approved
Fairway Independent Mortgage
Direct Endorsement Approved
Estimate HECM Line of Credit for Travis 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 |