Reverse mortgage in Arizona
Arizona lenders, loan locations and counselors, all based on HUD's own loan records.
- Arizona saw 1,089 HECMs close over one year
- HUD recorded a Median home value of $420,000
- Longbridge Financial led Arizona HECMs (259)
HUD's HECM data shows 1,089 reverse mortgages closed in Arizona between September 2025 and August 2026, 4.4% of the 24,529 recorded nationwide, which ranks fourth among the 50 states and DC.
Among those loans, 117 paid for a home through a HECM for Purchase, 98 refinanced an earlier HECM and 33 touched the $1,249,125 limit on value.
Comparing Arizona HECMs with national figures
The calculator provides the final two rows.
| Arizona | Against all HECMs | |
|---|---|---|
| HECMs closed | 1,089 | 4.4% of all 24,529 |
| Median home value counted | $420,000 | $20,000 less |
| Median principal limit | $185,686 | $8,486 less |
| Principal limit as a share of value | 42.8% | 0.6 points lower |
| Median expected rate | 5.75% | 0.125 points lower |
| HECM for Purchase | 10.7% | 5.2 points higher |
| Refinanced HECMs | 9% | 1.9 points lower |
| Lenders with a loan here | 24 | of 34 nationwide |
| At age 70 with a median home and no mortgage: funds left after costs | $144,220 | $7,320 less |
| Usable in the first year at age 70 | $79,372 | $4,232 less |
Arizona HECM lenders ranked by loan totals
HECMs in Arizona had 24 sponsoring lenders. The top three lenders, Longbridge Financial, Finance of America Reverse and Mutual of Omaha Mortgage, wrote 703 loans out of 1,089 (65%). See the national ranking for comparison.
| Rank | Lender | HECMs | Share |
|---|---|---|---|
| 1 | Longbridge Financial | 259 | 23.8% |
| 2 | Finance of America Reverse | 251 | 23% |
| 3 |  | 193 | 17.7% |
| 4 |  | 62 | 5.7% |
| 5 | Traditional Mortgage Acceptance Corporation | 51 | 4.7% |
| 6 | Sun American Mortgage | 40 | 3.7% |
| 7 | Plaza Home Mortgage | 35 | 3.2% |
| 8 | Guild Mortgage | 32 | 2.9% |
| 9 | High Tech Lending | 29 | 2.7% |
| 10 | VIP Mortgage | 23 | 2.1% |
Arizona HECMs originated by local lenders and brokers
163 companies received Arizona HECM applications. Excluding national lenders, the top originators were The Loan Arrangers (14), All Reverse Mortgage (17), Arizona Federal Credit Union (17), Loandepot.com (21), Penny Lane Financial (21), Nova Financial and Inv (22), Atlantic Avenue Mortgage (28) and Barrett Financial Group (50). These counts are of the company that originated each loan, while the ranking above counts the lender that sponsored it, so the two lists are not comparable.
Places in Arizona where HECMs were made
Maricopa County topped the list with 551 of 1,089 loans; Pima recorded 161, leaving Maricopa in front. Cities with the highest totals were Phoenix (152), Tucson (102), Mesa (74), Scottsdale (65) and Sun City (34). City names are the mailing city on each HUD record and can reach into nearby counties, so a city's count need not match the county table.
| County | HECMs | Share |
|---|---|---|
| Maricopa | 551 | 50.6% |
| Pima | 161 | 14.8% |
| Yavapai | 110 | 10.1% |
| Mohave | 90 | 8.3% |
| Pinal | 79 | 7.3% |
| Yuma | 26 | 2.4% |
Counselors for Arizona reverse mortgages: HUD-approved
HUD's list shows 5 agencies that give reverse mortgage counseling and are based in Arizona, in 3 cities. Their phone numbers appear in HUD's counselor search.
| City | Agency | How they counsel | Languages |
|---|---|---|---|
| Goodyear, AZ | Credit.org - Goodyear, AZ Branch | phone, in person, video | English, Spanish |
| Phoenix, AZ | Administration of Resources and Choices (arc) | phone, in person, group | English, Spanish |
| Phoenix, AZ | Take Charge America | phone, in person, online | English, Spanish |
| Phoenix, AZ | Take Charge America- El Centro | phone, in person, online | English, Spanish |
| Tucson, AZ | Administration of Resources and Choices (arc) | phone, in person, video, online | English, Spanish |
Arizona property tax relief for older homeowners
Homeowners in Arizona who are age 65 or older may be eligible for Senior Property Valuation Protection. It keeps the Limited Value of the home frozen for three years. That happens when average household income over three years is at or below $47,712 for one owner. The limit is $59,640 when two or more owners contribute to household income. Valuation Relief - Senior.
Who oversees reverse mortgage lenders in Arizona
Licensing details for mortgage lenders and brokers in Arizona are handled by the Arizona Department of Insurance and Financial Institutions. Licensing | Mortgage Lending | DIFI.
Data source: HUD HECM portfolio snapshot, which spans September 2025 to August 2026 and covers every state.