Reverse mortgage in Connecticut
HUD's own loan records show who lends in Connecticut, where those loans were made and which counselors serve the state.
- In one year, 272 HECMs closed in Connecticut
- Median home value HUD counted: $429,000
- Most HECMs in Connecticut came from Longbridge Financial (86)
According to HUD's HECM data, Connecticut recorded 272 reverse mortgages closed during the period September 2025 through August 2026, 1.1% of the nationwide total of 24,529. This placed Connecticut 25th when compared with the 50 states and DC.
Those loans included 2 home purchases with a HECM for Purchase, 39 refinancings of an older HECM and 10 that reached the $1,249,125 limit on value.
Connecticut HECMs compared with national figures
The final two rows come from the calculator.
| Connecticut | Against all HECMs | |
|---|---|---|
| HECMs closed | 272 | 1.1% of all 24,529 |
| Median home value counted | $429,000 | $11,000 less |
| Median principal limit | $208,310 | $14,138 more |
| Principal limit as a share of value | 46.3% | 2.9 points higher |
| Median expected rate | 5.875% | the same |
| HECM for Purchase | 0.7% | 4.8 points lower |
| Refinanced HECMs | 14.3% | 3.5 points higher |
| Lenders with a loan here | 15 | of 34 nationwide |
| Median home, no mortgage: what remains at age 70 after costs | $147,514 | $4,026 less |
| Usable in the first year at age 70 | $81,276 | $2,328 less |
Connecticut HECM lenders ranked by loan volume
In Connecticut, 15 lenders sponsored HECMs. The three leaders, Longbridge Financial, Mutual of Omaha Mortgage and Finance of America Reverse, made 200 loans out of 272, or 74%. Compare these results with the national ranking.
| Rank | Lender | HECMs | Share |
|---|---|---|---|
| 1 | Longbridge Financial | 86 | 31.6% |
| 2 |  | 68 | 25% |
| 3 | Finance of America Reverse | 46 | 16.9% |
| 4 | Traditional Mortgage Acceptance Corporation | 16 | 5.9% |
| 5 | Plaza Home Mortgage | 16 | 5.9% |
| 6 | PHH Mortgage | 10 | 3.7% |
| 7 | Guild Mortgage | 5 | 1.8% |
| 8 | South River Mortgage | 5 | 1.8% |
| 9 |  | 4 | 1.5% |
| 10 |  | 4 | 1.5% |
Local lenders and brokers that originated Connecticut HECMs
Connecticut HECM applications came to 53 companies. Excluding the national lenders, Atlantic Avenue Mortgage (17) and Everett Financial (14) had the most originations. The Guilford Savings Bank (8) and Horizon Home Mortgage (8) followed, along with Carrington Mortgage Services (7) and Total Mortgage Services (6). T2 Financial (5) and Loandepot.com (5) were next. 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.
Where HECMs were made in Connecticut
With 65 of the 272 loans, Hartford County came first, followed by New Haven with 61. The top cities were West Hartford (9), Norwalk (8), Waterbury (8), Enfield (7) and Bridgeport (6). 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 |
|---|---|---|
| Hartford | 65 | 23.9% |
| New Haven | 61 | 22.4% |
| Fairfield | 59 | 21.7% |
| New London | 26 | 9.6% |
| Litchfield | 20 | 7.4% |
| Windham | 18 | 6.6% |
Connecticut HUD-approved reverse mortgage counselors
HUD's list includes 1 agency based in Connecticut that provides reverse mortgage counseling. The phone numbers for that agency are in HUD's counselor search.
| City | Agency | How they counsel | Languages |
|---|---|---|---|
| New Haven, CT | Neighborhood Housing Services of New Haven | phone, in person, video, group | English, Spanish |
Connecticut property tax relief for older homeowners
Subject to certain annual income limits, homeowners in Connecticut who are age 65 and over may receive a property tax credit. For married couples, it can be up to $1,250. For single persons, it can be up to $1,000. Homeowners ElderlyDisabled Circuit Breaker Tax Relief Program.
Who oversees reverse mortgage lenders in Connecticut
In Connecticut, the Department of Banking manages mortgage loan originator licensing duties. Mortgage Loan Originators Licensed in Connecticut.
The figures come from the HUD HECM portfolio snapshot, covering September 2025 through August 2026. Every state.