Reverse mortgage in Louisiana
Louisiana's lenders, loan locations and counselors appear in HUD's own loan records.
- A total of 149 HECMs were closed in Louisiana over one year
- HUD counted a $240,000 Median home value
- Mutual of Omaha Mortgage Most HECMs (37) in Louisiana
Louisiana recorded 149 HECM closings from September 2025 through August 2026, 0.6% of 24,529 nationwide, according to HUD's data. The state ranks 34th among the 50 states and DC.
3 of these loans financed a home purchase with HECM for Purchase; 7 replaced an older HECM through refinancing.
Louisiana HECMs compared with national figures
The final two rows are drawn from this calculator.
| Louisiana | Against all HECMs | |
|---|---|---|
| HECMs closed | 149 | 0.6% of all 24,529 |
| Median home value counted | $240,000 | $200,000 less |
| Median principal limit | $110,000 | $84,172 less |
| Principal limit as a share of value | 43.2% | 0.2 points lower |
| Median expected rate | 5.875% | the same |
| HECM for Purchase | 2% | 3.5 points lower |
| Refinanced HECMs | 4.7% | 6.2 points lower |
| Lenders with a loan here | 13 | of 34 nationwide |
| Median home, no mortgage: amount left after costs at age 70 | $79,940 | $71,600 less |
| Usable in the first year at age 70 | $42,884 | $40,720 less |
HECM lenders in Louisiana ranked by loan count
HECMs in Louisiana had 13 sponsoring lenders. The top three lenders accounted for 96 loans, which was 64% of the 149. They are Mutual of Omaha Mortgage, Longbridge Financial and Finance of America Reverse. See the national ranking for a comparison.
| Rank | Lender | HECMs | Share |
|---|---|---|---|
| 1 |  | 37 | 24.8% |
| 2 | Longbridge Financial | 30 | 20.1% |
| 3 | Finance of America Reverse | 29 | 19.5% |
| 4 | Guild Mortgage | 17 | 11.4% |
| 5 | South River Mortgage | 13 | 8.7% |
| 6 | Traditional Mortgage Acceptance Corporation | 11 | 7.4% |
| 7 |  | 4 | 2.7% |
| 8 |  | 2 | 1.3% |
| 9 |  | 2 | 1.3% |
| 10 | Plaza Home Mortgage | 1 | 0.7% |
In Louisiana, local lenders and brokers made HECMs
Louisiana HECM applications went to 31 companies. Beyond the national names above, the companies that originated the most were Atlantic Avenue Mortgage (10), United Pacific Mortgage (4), Riverside Capital (3), Loandepot.com (3), T2 Financial (2), New American Funding (2), Movement Mortgage (2) and Bourgeois & Associates Mortgage (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.
Where HECMs were made in Louisiana
With 20 of the 149 loans, St. Tammany County ranked first, followed by Orleans with 15. The cities with the highest counts were New Orleans (15), Baton Rouge (11), Slidell (6), Lafayette (6) and Denham Springs (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 |
|---|---|---|
| St. Tammany | 20 | 13.4% |
| Orleans | 15 | 10.1% |
| Jefferson | 13 | 8.7% |
| East Baton Rouge | 12 | 8.1% |
| Lafayette | 8 | 5.4% |
| Livingston | 7 | 4.7% |
HUD-approved reverse mortgage counselors located in Louisiana
HUD's counselor list includes no agency based in Louisiana. Before you apply, you still need the session. HUD's search for counselors lists agencies that provide counseling by phone or video.
Older homeowners in Louisiana: property tax relief
Homeowners in Louisiana who are at least 65 years old and qualify for the income-based assessment freeze could receive an additional property tax exemption under the pending amendment. The exemption applies to up to $30,000 of assessed value and grows as homeowners get older. Property Tax Exemption for Seniors Amendment, Louisiana 2026, MultiState Elections.
Who oversees reverse mortgage lenders in Louisiana
Until the entire loan comes due, Louisiana requires no payment of principal or interest on a reverse mortgage loan. Louisiana Laws - Louisiana State Legislature.
Data come from HUD HECM portfolio snapshot, covering September 2025 to August 2026. All states.