Reverse mortgage in Kentucky
HUD's own loan records show who lends in Kentucky, where the loans are and who counsels.
- Kentucky saw 164 HECMs closed over a year
- Median home value counted by HUD: $274,500
- In Kentucky, Longbridge Financial had the most HECMs (55)
In HUD's HECM data, 164 reverse mortgages closed in Kentucky between September 2025 and August 2026, 0.7% of the 24,529 closed nationwide. Kentucky ranks 31st among the 50 states and DC.
Among those loans, 9 used a HECM for Purchase to buy a home, while 14 refinanced an older HECM.
Kentucky HECMs compared with the national figures
The final two rows are drawn from the calculator.
| Kentucky | Against all HECMs | |
|---|---|---|
| HECMs closed | 164 | 0.7% of all 24,529 |
| Median home value counted | $274,500 | $165,500 less |
| Median principal limit | $120,801 | $73,371 less |
| Principal limit as a share of value | 42.3% | 1.1 points lower |
| Median expected rate | 5.75% | 0.125 points lower |
| HECM for Purchase | 5.5% | the same |
| Refinanced HECMs | 8.5% | 2.3 points lower |
| Lenders with a loan here | 15 | of 34 nationwide |
| Median home with no mortgage: amount left after costs at age 70 | $92,222 | $59,318 less |
| Usable in the first year at age 70 | $49,839 | $33,765 less |
Kentucky HECM lenders ranked by loan count
In Kentucky, HECMs were sponsored by 15 lenders. The top three lenders, Longbridge Financial, Finance of America Reverse, plus Mutual of Omaha Mortgage, made 127 out of the 164 loans (77%). Make a comparison with the national ranking.
| Rank | Lender | HECMs | Share |
|---|---|---|---|
| 1 | Longbridge Financial | 55 | 33.5% |
| 2 | Finance of America Reverse | 42 | 25.6% |
| 3 |  | 30 | 18.3% |
| 4 | Traditional Mortgage Acceptance Corporation | 10 | 6.1% |
| 5 | Plaza Home Mortgage | 7 | 4.3% |
| 6 | Guild Mortgage | 6 | 3.7% |
| 7 |  | 4 | 2.4% |
| 8 | CalCon Mutual Mortgage | 2 | 1.2% |
| 9 |  | 2 | 1.2% |
| 10 | University Bank | 1 | 0.6% |
Kentucky HECMs originated by local lenders and brokers
Kentucky HECM applications went to 40 companies. Origination totals were highest, aside from the national lenders, for Atlantic Avenue Mortgage (8), T2 Financial (2), Loandepot.com (3), Ark-La-Tex Financial Services (4), Movement Mortgage (2), New American Funding (4), West Capital Lending (3) and Wilmington Savings Fund Society (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.
Kentucky HECMs by location
Jefferson County took the lead with 35 loans out of 164, ahead of Fayette with 21. Louisville (32), Lexington (21), Henderson (4), Cadiz (4) and Bardstown (4) had the highest city totals. 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 |
|---|---|---|
| Jefferson | 35 | 21.3% |
| Fayette | 21 | 12.8% |
| Madison | 6 | 3.7% |
| Hardin | 5 | 3% |
| Nelson | 5 | 3% |
| Henderson | 4 | 2.4% |
HUD-approved counselors for reverse mortgages in Kentucky
No agency listed in HUD's counselor directory is based in Kentucky. You must still attend the session before you apply: HUD's counselor search lists agencies that provide counseling by phone or video sessions.
Property tax relief for older Kentucky homeowners
In Kentucky, the Homestead Exemption reduces your home's assessed value by $49,100 for the 2025-2026 assessment years when you meet other requirements and are at least 65. Homestead Exemption - Department of Revenue.
Who oversees reverse mortgage lenders in Kentucky
Kentucky licenses residential mortgage lenders and brokers through the Kentucky Department of Financial Institutions. DEPARTMENT OF FINANCIAL INSTITUTIONS.
From the HUD HECM portfolio snapshot, covering September 2025 through August 2026. Every state.