Reverse mortgage in Hawaii
HUD's own loan records identify who lends in Hawaii, where the loans are and who counsels there.
- Hawaii saw 104 HECMs closed over one year
- HUD counted a Median home value of $1,007,500
- Finance of America Reverse handled the most HECMs in Hawaii (42)
Between September 2025 and August 2026, 0.4% of the 24,529 HECMs closed nationwide were in Hawaii, based on HUD's data. That total of 104 placed Hawaii 39th among the 50 states and DC.
The group includes 1 home purchase through HECM for Purchase, 7 refinancings of an older HECM, 1 loan at a fixed rate and 33 loans reaching the $1,249,125 value cap.
How Hawaii HECMs compare with the national figures
The final two rows come from the calculation tool.
| Hawaii | Against all HECMs | |
|---|---|---|
| HECMs closed | 104 | 0.4% of all 24,529 |
| Median home value counted | $1,007,500 | $567,500 more |
| Median principal limit | $447,030 | $252,858 more |
| Principal limit as a share of value | 43.9% | 0.5 points higher |
| Median expected rate | 5.875% | the same |
| HECM for Purchase | 1% | 4.6 points lower |
| Refinanced HECMs | 6.7% | 4.1 points lower |
| Lenders with a loan here | 10 | of 34 nationwide |
| Age 70, median home, no mortgage: amount left after costs | $359,245 | $207,705 more |
| Usable in the first year at age 70 | $203,687 | $120,083 more |
Hawaii HECM lenders ranked by number of loans
In Hawaii, 10 lenders sponsored HECMs. Finance of America Reverse, Longbridge Financial and Mutual of Omaha Mortgage led the way, making 88 of the 104 loans (85%). Make a comparison with the national ranking.
| Rank | Lender | HECMs | Share |
|---|---|---|---|
| 1 | Finance of America Reverse | 42 | 40.4% |
| 2 | Longbridge Financial | 24 | 23.1% |
| 3 |  | 22 | 21.2% |
| 4 | Guild Mortgage | 4 | 3.8% |
| 5 |  | 3 | 2.9% |
| 6 | Plaza Home Mortgage | 3 | 2.9% |
| 7 | High Tech Lending | 2 | 1.9% |
| 8 |  | 2 | 1.9% |
| 9 |  | 1 | 1% |
| 10 | Guaranteed Rate | 1 | 1% |
HECMs originated by local lenders and brokers in Hawaii
Hawaii HECM applications went to 32 companies. Beyond the national names above, these companies originated the most HECMs: Central Pacific Bank with 14, New American Funding with 8, West Capital Lending with 7, Primary Residential Mortgage with 5, Edge Home Finance with 3, C2 Financial with 3, Loandepot.com with 2 and Central Pacific Bank, A Hawaii Corporati with 2. 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.
Hawaii HECMs by location
Of the 104 loans, Honolulu County led with 62, ahead of Hawaii with 26. Honolulu (33) had the most loans among cities, followed by Hilo (9), Pearl City (6), Ewa Beach (5) and Kihei (4). 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 |
|---|---|---|
| Honolulu | 62 | 59.6% |
| Hawaii | 26 | 25% |
| Maui | 12 | 11.5% |
| Kauai | 4 | 3.8% |
Reverse mortgage counselors with HUD-approved status in Hawaii
Every agency on HUD's counselor list is based outside Hawaii. Before you apply, the session is still required. HUD's counselor search lists agencies that offer counseling by phone or video.
Hawaii property tax relief for older homeowners
In Honolulu, the Home Exemption reduces the taxable value of your primary residence by $160,000 if you own and live in it and are 65 or older. RPAD - Home Exemption.
Who oversees reverse mortgage lenders in Hawaii
The Division of Financial Institutions in Hawaii regulates companies that originate mortgage loans and individual mortgage loan originators. Division of Financial Institutions (DFI) - DCCA Hawaii.
Data comes from HUD's HECM portfolio snapshot, covering September 2025 to August 2026. All states.