Market Executive Summary

In a word, a reverse mortgage is a loan. A homeowner who is 62 or older and has considerable home equity can borrow against the value of their home and receive funds as a lump sum, fixed monthly payment or line of credit. Unlike a forward mortgage—the type used to buy a home—a reverse mortgage doesn't require the homeowner to make any loan payments.

Instead, the entire loan balance becomes due and payable when the borrower dies, moves away permanently or sells the home. Federal regulations require lenders to structure the transaction so the loan amount doesn't exceed the home's value and the borrower or borrower's estate won't be held responsible for paying the difference if the loan balance does become larger than the home's value. One way this could happen is through a drop in the home's market value; another is if the borrower lives a long time.

The Reverse Mortgage Providers industry can be broken down into several segments, Home Equity Conversion Mortgages (HECMs), Single-purpose Reverse Mortgages, etc.

Across the world, the major players cover American Advisors Group (AAG), Finance of America Reverse (FAR), Reverse Mortgage Funding (RMF), etc.

The global Reverse Mortgage Providers Market size was US$ 1637.6 million in 2023 and is forecast to a readjusted size of US$ 2425 million by 2030 with a CAGR of 5.7% during the forecast period 2024-2030. Fully considering the economic change by this health crisis, Home Equity Conversion Mortgages (HECMs) accounting for % of the Reverse Mortgage Providers global market in 2023, is projected to value US$ million by 2030, growing at a revised ?GR from 2024 to 2030. While Debt segment is altered to an ?GR throughout this forecast period.

Reverse Mortgage are mainly classified into the following types: HECMs, Single-purpose Reverse Mortgages and Proprietary Reverse Mortgages. HECMs is the most widely used type which accounted for about 62% of the Global market in 2019.

Reverse Mortgage are most widely used in Debt, which took up about 36% of the Global market in 2019. Health Care Related is another widely used area, which took up approximately 24%. 

North America is the largest region of Reverse Mortgage Providers market with a share of 54%. The Europe market took up about 28 % of the global market, while The Asia-Pacific were over 10 %.

The market research report offered here is a very useful resource that can help manufacturers, stakeholders, decision-makers, and other market participants to become familiar with every factor impacting the growth of the global Reverse Mortgage Providers market. The analysts authoring the report have closely studied key strategies adopted by top players of the global Reverse Mortgage Providers market. The report includes SWOT, and other market analyses to provide a clear and deep understanding of important aspects of the global Reverse Mortgage Providers market. Readers of the report can become informed about current and future trends of the global Reverse Mortgage Providers market and how they will impact market growth during the forecast period.

Market Segmentation

Global Reverse Mortgage Providers Companies Covered

American Advisors Group (AAG), Finance of America Reverse (FAR), Reverse Mortgage Funding (RMF), Liberty Home Equity Solutions (Ocwen), One Reverse Mortgage (Quicken Loans), Mutual of Omaha Mortgage, HighTechLending, Fairway Independent Mortgage Corporation, Open Mortgage, Longbridge Financial

Global Reverse Mortgage Providers Market, by Region

North America (U.S., Canada, Mexico)

Europe (Germany, France, UK, Italy, etc.)

Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)

South America (Brazil, etc.)

Middle East and Africa (Turkey, GCC Countries, Africa, etc.)

Global Reverse Mortgage Providers Market, Segment by Type

Home Equity Conversion Mortgages (HECMs)

Single-purpose Reverse Mortgages

Proprietary Reverse Mortgages

Global Reverse Mortgage Providers Market, Segment by Application

Debt

Health Care Related

Renovations

Income Supplement

Living Expenses

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc.), including the market size of each market segment, future development potential, and so on.

Chapter 2: Revenue of Reverse Mortgage Providers in global and regional level.

Chapter 3: Detailed analysis of Reverse Mortgage Providers companies' competitive landscape, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: North America (US & Canada) by type, by application and by country, revenue for each segment.

Chapter 7: Europe by type, by application and by country, revenue for each segment.

Chapter 8: Asia Pacific by type, by application and by region, revenue for each segment.

Chapter 9: Latin America by type, by application and by country, revenue for each segment.

Chapter 10: Middle East and Africa, by type, by application and by country, revenue for each segment.

Chapter 11: Provides profiles of key companies, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Reverse Mortgage Providers revenue, gross margin, and recent development, etc.

Chapter 12: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 13: Research Findings and Conclusion

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