About Reverse Mortgage Estimate
Who runs this free estimate of the HECM, the FHA-insured reverse mortgage for homeowners 62 and older, and where its numbers come from.
Who operates this site?
Reverse Mortgage Estimate operates as a service of Summit Equity Partners Inc.
Summit Equity Partners Inc.251 Little Falls Drive, Wilmington, DE 19808, United States
questions@reverse-mortgage-estimate.com
We aren't a lender, a broker or part of HUD or the FHA. We don't make loans, accept applications or offer legal, tax or financial advice.
Sources for the data
- Principal limit factors. The share of home value you can borrow at each age and rate comes from HUD's table in Mortgagee Letter 2017-12.
- Lending limit, insurance and fees. The $1,249,125 limit for 2026 follows the Federal Housing Finance Agency figure, with HUD's 2% upfront insurance and its cap on the origination fee.
- Expected rate. We take the 10-year rate from the U.S. Treasury and add the median margin lenders charged on recent HUD-insured loans.
- Lenders, states and counties. We take these counts from the HECM endorsement snapshots HUD posts each month: 22,318 loans in fiscal year 2026 to date, October 2025 to August 2026. The rate history on current reverse mortgage rates reaches back to October 2024.
- State rules. Each state page links the statutes and agency pages behind its rules, tax relief and regulators.
You can check our counts yourself: the tables are free to download as CSV files. For advice from someone who sells nothing, a HUD-approved counselor can walk you through your own numbers.
All numbers are estimates, not a loan offer. The margin a lender sets, the appraisal value and its own fees shape the quote you get.
The site's income
You don't need to sign up for the estimate or any guide, and they cost you nothing. If you call the number shown or send the quote form, your inquiry reaches reverse mortgage lenders or brokers who can give you a quote on your home. Summit Equity Partners Inc. gets paid by those companies for the introduction. It never affects the estimate, the rankings (taken directly from HUD's counts) or anything we write.
Contact
To ask a question, suggest a correction or request that we delete your details, write to questions@reverse-mortgage-estimate.com. The opt-out page, do not sell or share my personal information, sits alongside our privacy notice and terms of use.