Number of HECMs in the U.S. 2005-2023

Published by Statista Research Department, Jul 12, 2023
Home equity conversion mortgages (HECM) are a federally insured reverse mortgages which allow homeowners in the United States to withdraw some of the equity in the home that they own. In the financial year ending in September 2022, approximately 64,500 HECMs were granted. American Advisor Group and Mutual of Omaha Mortgage were some of the leading reverse mortgage providers in 2022.

Number of home equity conversion mortgages (HECM) in the United States from 2005 to 2023

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Release date

July 2023

Region

United States

Survey time period

2005 to June 2023

Supplementary notes

The data came from the U.S. Department of Housing and Urban Development, who provide data by federal fiscal year (each federal fiscal year begins October 1 and runs through September 30 of the following year.

* October 2022 to June 2023

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