Wyoming Reverse Mortgage Market Report
Statewide HECM Portfolio • Regulatory Framework: Standard HUD/FHA
Wyoming Executive Market BLUF
Wyoming boasts no state income tax and high unencumbered home equity in Cheyenne and Casper.
Strategic Key Takeaways
- •Statewide senior home equity: $25.0 Billion.
- •Average Maximum Claim Amount (MCA): $375,000.
- •Annual endorsement momentum: +14.3% YoY.
- •Regulatory category: Standard HUD/FHA.
130,000 seniors age 62+
Rank #50 Nationwide
Prior Year: 70
Median Home: $340,000
Wyoming HECM Endorsement History
Annual volume trajectory vs average claim amount
Top HECM Origination Counties in Wyoming
23 Total Counties TrackedWyoming County-Level HECM & Senior Equity Directory (23 Jurisdictions)
Complete county-by-county reverse mortgage endorsements, average Maximum Claim Amounts, and senior housing wealth in Wyoming.
| County | FIPS | Endorsements YTD | Avg MCA | Senior Equity | YoY Velocity |
|---|---|---|---|---|---|
| Laramie County | 56021 | 40 | $319,464 | $2.0B | +6.5% |
| Fremont County | 56013 | 25 | $255,636 | $0.7B | +6.5% |
| Park County | 56029 | 24 | $355,860 | $1.0B | +6.5% |
| Sheridan County | 56033 | 22 | $369,792 | $0.9B | +6.5% |
| Natrona County | 56025 | 20 | $267,408 | $1.3B | +6.5% |
| Sweetwater County | 56037 | 19 | $259,524 | $0.6B | +6.5% |
| Campbell County | 56005 | 18 | $267,624 | $0.5B | +6.5% |
| Albany County | 56001 | 15 | $314,820 | $0.6B | +6.5% |
| Teton County | 56039 | 13 | $1,149,825 | $1.8B | +6.5% |
| Lincoln County | 56023 | 12 | $351,540 | $0.5B | +6.5% |
| Uinta County | 56041 | 10 | $242,784 | $0.3B | +6.5% |
| Goshen County | 56015 | 9 | $234,576 | $0.3B | +6.5% |
| Converse County | 56009 | 8 | $271,836 | $0.2B | +6.5% |
| Carbon County | 56007 | 8 | $229,824 | $0.2B | +6.5% |
| Big Horn County | 56003 | 8 | $194,184 | $0.2B | +6.5% |
| Johnson County | 56019 | 7 | $319,896 | $0.3B | +6.5% |
| Platte County | 56031 | 7 | $256,068 | $0.2B | +6.5% |
| Sublette County | 56035 | 6 | $366,552 | $0.3B | +6.5% |
| Washakie County | 56043 | 6 | $209,520 | $0.1B | +6.5% |
| Crook County | 56011 | 5 | $292,248 | $0.2B | +6.5% |
| Weston County | 56045 | 4 | $225,612 | $0.1B | +6.5% |
| Niobrara County | 56027 | 4 | $211,248 | $0.1B | +6.5% |
| Hot Springs County | 56017 | 4 | $206,496 | $0.1B | +6.5% |
Calculate Borrowing Power in Wyoming
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 |