Reverse mortgage in Georgia
In Georgia, the lenders, the loan locations and the counselors are listed in HUD's own records of loans.
- Georgia saw 701 HECMs closed over a year
- $338,000 Median home value counted by HUD
- Mutual of Omaha Mortgage Most HECMs in Georgia, 171 loans
HUD's HECM data shows 701 reverse mortgages closed in Georgia between September 2025 and August 2026, 2.9% of the 24,529 loans nationwide. That puts Georgia tenth among the 50 states and DC.
Out of the loans in Georgia, 40 funded a home purchase through a HECM for Purchase, 80 loans refinanced an earlier HECM, 1 used a fixed rate. Also, 10 hit the $1,249,125 limit on value.
Georgia HECMs compared with the national figures
The final two rows are drawn from the calculator.
| Georgia | Against all HECMs | |
|---|---|---|
| HECMs closed | 701 | 2.9% of all 24,529 |
| Median home value counted | $338,000 | $102,000 less |
| Median principal limit | $147,168 | $47,004 less |
| Principal limit as a share of value | 43.8% | 0.4 points higher |
| Median expected rate | 5.875% | the same |
| HECM for Purchase | 5.7% | 0.2 points higher |
| Refinanced HECMs | 11.4% | 0.5 points higher |
| Lenders with a loan here | 21 | of 34 nationwide |
| Median home, no mortgage: what remains after costs at age 70 | $114,828 | $36,712 less |
| Usable in the first year at age 70 | $62,641 | $20,963 less |
Georgia HECM lenders ranked by loans
In Georgia, 21 lenders sponsored HECMs. The three highest-volume lenders, Mutual of Omaha Mortgage, followed by Finance of America Reverse and Longbridge Financial, made 461 loans out of 701 (66%). Make a comparison with the national ranking.
| Rank | Lender | HECMs | Share |
|---|---|---|---|
| 1 |  | 171 | 24.4% |
| 2 | Finance of America Reverse | 171 | 24.4% |
| 3 | Longbridge Financial | 119 | 17% |
| 4 | Traditional Mortgage Acceptance Corporation | 50 | 7.1% |
| 5 | South River Mortgage | 49 | 7% |
| 6 |  | 37 | 5.3% |
| 7 |  | 15 | 2.1% |
| 8 |  | 15 | 2.1% |
| 9 | PHH Mortgage | 14 | 2% |
| 10 | Guild Mortgage | 12 | 1.7% |
HECMs originated in Georgia: the local lenders and brokers behind them
Georgia HECM applications went to 88 companies. Leaving out the national lenders, the firms that originated the most loans are Atlantic Avenue Mortgage (57), Premier Reverse Mortgage (18), Loandepot.com (18), Boxcar Mortgage (11), Movement Mortgage (10), Mortgage South of Tennesee (9), United Pacific Mortgage (8) and Caliver Beach Mortgage (8). 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.
Georgia HECMs: the places where they were made
With 61 of the 701 loans, Cobb County came first, and Fulton followed with 55. Cities with the highest counts: Atlanta (35), Marietta (26), Decatur (23), Savannah (19) and Lawrenceville (16). 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 |
|---|---|---|
| Cobb | 61 | 8.7% |
| Fulton | 55 | 7.8% |
| Dekalb | 54 | 7.7% |
| Gwinnett | 50 | 7.1% |
| Cherokee | 32 | 4.6% |
| Chatham | 23 | 3.3% |
Georgia HUD-approved reverse mortgage counselors
HUD lists 8 counseling agencies for reverse mortgages based in Georgia, spread across 7 cities. HUD's counselor search shows their phone numbers.
| City | Agency | How they counsel | Languages |
|---|---|---|---|
| Athens, GA | Hancock Community Development Corporation | phone | English |
| Decatur, GA | Morningstar Urban Development | phone, in person, video, online, group | English |
| Riverdale, GA | Nid-Hca Atlanta Metro Regional Office | phone, in person | English |
| Statesboro, GA | CCCS of the Savannah Area, Statesboro Branch | phone, in person, online | English |
| Savannah, GA | CCCS of the Savannah Area | phone, video, group | English, Spanish |
| Savannah, GA | Credit.org - Savannah, GA Branch | phone, video | English, Spanish |
| Union City, GA | Nid-Hca Georgia | phone, in person | English |
| Woodstock, GA | Horizon Counseling | phone, in person | English, Spanish |
Property tax relief for older Georgia homeowners
Claiming a $4,000 county property tax exemption in Georgia is possible once you are 65 or older. The income you and your spouse received for the prior year cannot exceed $10,000. Property Tax Homestead Exemptions | Department of Revenue.
Who oversees reverse mortgage lenders in Georgia
In Georgia, the Department of Banking and Finance is the regulator for certain residential mortgage brokers plus lenders. MB Brokers, Lenders and Originators | Department of Banking and Finance.
Source: the HUD HECM portfolio snapshot, covering September 2025 through August 2026. All states.