Reverse mortgage in Missouri
HUD's own loan records list the lenders, the places the loans are and the counselors in Missouri.
- In a single year, 261 HECMs closed in Missouri
- Median home value HUD counted: $275,000
- Mutual of Omaha Mortgage Most HECMs (89) in Missouri
Between September 2025 and August 2026, 1.1% of the 24,529 loans in HUD's HECM data came from Missouri, which closed 261 and ranks 26th among the 50 states and DC.
Of the loans counted, 11 covered a home purchase through a HECM for Purchase, 15 loans replaced an older HECM, and 1 stopped at the $1,249,125 value limit.
Missouri HECMs compared with the national figures
The final two rows come from the calculator.
| Missouri | Against all HECMs | |
|---|---|---|
| HECMs closed | 261 | 1.1% of all 24,529 |
| Median home value counted | $275,000 | $165,000 less |
| Median principal limit | $117,855 | $76,317 less |
| Principal limit as a share of value | 42% | 1.4 points lower |
| Median expected rate | 5.875% | the same |
| HECM for Purchase | 4.2% | 1.3 points lower |
| Refinanced HECMs | 5.7% | 5.1 points lower |
| Lenders with a loan here | 12 | of 34 nationwide |
| Age 70, median home, no mortgage: amount left after costs | $92,400 | $59,140 less |
| Usable in the first year at age 70 | $49,940 | $33,664 less |
Missouri HECM lenders ranked by loans
In Missouri, 12 lenders sponsored HECMs. Mutual of Omaha Mortgage, followed by Finance of America Reverse and Longbridge Financial, the top three lenders, made 214 of the 261 loans (82%). Check the national ranking for a comparison.
| Rank | Lender | HECMs | Share |
|---|---|---|---|
| 1 |  | 89 | 34.1% |
| 2 | Finance of America Reverse | 66 | 25.3% |
| 3 | Longbridge Financial | 59 | 22.6% |
| 4 |  | 17 | 6.5% |
| 5 | Guild Mortgage | 10 | 3.8% |
| 6 |  | 6 | 2.3% |
| 7 | PHH Mortgage | 5 | 1.9% |
| 8 |  | 3 | 1.1% |
| 9 | Plaza Home Mortgage | 2 | 0.8% |
| 10 |  | 2 | 0.8% |
Missouri lenders and brokers that made HECMs there
Missouri HECM applications were taken by 43 companies. Beyond the national lenders, the firms that originated the most were Loandepot.com (8), Community First National Bank (7), The Federal Savings Bank (4), New American Funding (4), Das Acquisition (3), Movement Mortgage (2), Community Mortgage (2) and West Capital Lending (1). 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 Missouri
Jackson came in second with 32 of the 261 loans, behind St. Louis County County at 33. The biggest city counts: Saint Louis (23), then Kansas City (21), Springfield (12), Independence (10) and Saint Joseph (5). 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. Louis County | 33 | 12.6% |
| Jackson | 32 | 12.3% |
| Clay | 17 | 6.5% |
| Greene | 17 | 6.5% |
| St. Charles | 14 | 5.4% |
| Christian | 8 | 3.1% |
Missouri: HUD-approved reverse mortgage counselors
HUD lists 3 agencies for reverse mortgage counseling in Missouri, based in 3 cities. Their phone numbers are in HUD's counselor search.
| City | Agency | How they counsel | Languages |
|---|---|---|---|
| Kansas City, MO | Credit and Homeownership Empowerment Services | phone, in person, video, online, group | English, Spanish |
| Saint Louis, MO | Housing Options Provided for the Elderly | phone, video | English |
| Springfield, MO | Cambridge Credit Counseling Corporation - Springfield Branch | phone, in person, video, online, group | English, Polish, Spanish |
Property tax relief for older Missouri homeowners
Eligible senior homeowners in Missouri can receive up to $1,100 in Property Tax Credit for the home they owned and occupied. Details: Property Tax Credit.
Who oversees reverse mortgage lenders in Missouri
In Missouri, the Division of Finance is in charge of licensing and regulating residential mortgage brokers and mortgage loan originators. More: Mortgage Licensing | Missouri Division of Finance.
The data comes from the HUD HECM portfolio snapshot, covering September 2025 to August 2026. Every state.