Vermont Reverse Mortgage Market Report
Statewide HECM Portfolio • Regulatory Framework: Enhanced Counseling Mandate
Vermont Executive Market BLUF
Vermont features strict independent counseling protections with primary volume concentrated in Greater Burlington.
Strategic Key Takeaways
- •Statewide senior home equity: $35.0 Billion.
- •Average Maximum Claim Amount (MCA): $400,000.
- •Annual endorsement momentum: +11.1% YoY.
- •Regulatory category: Enhanced Counseling Mandate.
170,000 seniors age 62+
Rank #49 Nationwide
Prior Year: 90
Median Home: $390,000
Vermont HECM Endorsement History
Annual volume trajectory vs average claim amount
Top HECM Origination Counties in Vermont
14 Total Counties TrackedVermont County-Level HECM & Senior Equity Directory (14 Jurisdictions)
Complete county-by-county reverse mortgage endorsements, average Maximum Claim Amounts, and senior housing wealth in Vermont.
| County | FIPS | Endorsements YTD | Avg MCA | Senior Equity | YoY Velocity |
|---|---|---|---|---|---|
| Chittenden County | 50007 | 50 | $408,564 | $4.1B | +6.5% |
| Rutland County | 50021 | 47 | $219,780 | $1.2B | +6.5% |
| Washington County | 50023 | 41 | $300,240 | $1.4B | +6.5% |
| Windham County | 50025 | 37 | $270,000 | $1.1B | +6.5% |
| Bennington County | 50003 | 29 | $262,440 | $0.8B | +6.5% |
| Franklin County | 50011 | 28 | $284,256 | $0.9B | +6.5% |
| Addison County | 50001 | 26 | $336,096 | $1.0B | +6.5% |
| Caledonia County | 50005 | 22 | $213,516 | $0.5B | +6.5% |
| Orange County | 50017 | 21 | $249,480 | $0.6B | +6.5% |
| Orleans County | 50019 | 21 | $212,436 | $0.5B | +6.5% |
| Windsor County | 50027 | 20 | $269,676 | $1.4B | +6.5% |
| Lamoille County | 50015 | 15 | $292,356 | $0.5B | +6.5% |
| Grand Isle County | 50013 | 5 | $366,768 | $0.2B | +6.5% |
| Essex County | 50009 | 5 | $163,296 | $0.1B | +6.5% |
Calculate Borrowing Power in Vermont
Institutional FHA HECM Principal Limit Calculator
HUD Mortgagee Letter 2017-17 Actuarial Matrix • Active 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 | $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 |