Reverse mortgage in Nevada
In Nevada, HUD's own loan records list the lenders, the places loans were made and the counselors.
- During one year, Nevada recorded 480 HECMs closing
- HUD recorded a Median home value of $450,000
- For Nevada HECMs, Longbridge Financial ranked first with 108
According to HUD's HECM data, Nevada recorded 480 closed reverse mortgages from September 2025 through August 2026, 2% of the 24,529 recorded nationwide. Its rank was 19th among the 50 states and DC.
Among these loans, 48 funded a home purchase through a HECM for Purchase, 32 refinanced an earlier HECM and 11 reached the $1,249,125 value limit.
How Nevada HECMs compare with the national figures
The final two rows are provided by the calculator.
| Nevada | Against all HECMs | |
|---|---|---|
| HECMs closed | 480 | 2% of all 24,529 |
| Median home value counted | $450,000 | $10,000 more |
| Median principal limit | $195,755 | $1,583 more |
| Principal limit as a share of value | 42.9% | 0.5 points lower |
| Median expected rate | 5.75% | 0.125 points lower |
| HECM for Purchase | 10% | 4.5 points higher |
| Refinanced HECMs | 6.7% | 4.2 points lower |
| Lenders with a loan here | 18 | of 34 nationwide |
| Median home, no mortgage: what remains after costs at age 70 | $155,200 | $3,660 more |
| Usable in the first year at age 70 | $85,720 | $2,116 more |
Ranking Nevada HECM lenders by loan volume
HECMs in Nevada were sponsored by 18 lenders. The top three were Longbridge Financial, Finance of America Reverse, plus Mutual of Omaha Mortgage. Together, they made 318 of the 480 loans (66%). Use the nationwide ranking for comparison.
| Rank | Lender | HECMs | Share |
|---|---|---|---|
| 1 | Longbridge Financial | 108 | 22.5% |
| 2 | Finance of America Reverse | 108 | 22.5% |
| 3 |  | 102 | 21.2% |
| 4 | Guild Mortgage | 42 | 8.8% |
| 5 | VIP Mortgage | 25 | 5.2% |
| 6 | South River Mortgage | 18 | 3.8% |
| 7 | High Tech Lending | 15 | 3.1% |
| 8 |  | 14 | 2.9% |
| 9 | PHH Mortgage | 13 | 2.7% |
| 10 | Plaza Home Mortgage | 9 | 1.9% |
Local lenders and brokers originated HECMs in Nevada.
A total of A total of 88 companies took Nevada HECM applications. The highest origination totals, besides the national names above, came from: American Pacific Mortgage (12), Movement Mortgage (11), Loandepot.com (10) and Premier Mortgage Resources (8). The same top group also includes New American Funding (6), Mason Mcduffie Mortgage (5), Shea Mortgage (4) and Retire Right Holdings (4). 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.
Loan locations for Nevada HECMs
Clark County led all counties with 287 of the 480 loans, while Washoe had 98. The highest counts came from Las Vegas (193), Reno (58), Henderson (48), Sparks (31) and North Las Vegas (23). 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 |
|---|---|---|
| Clark | 287 | 59.8% |
| Washoe | 98 | 20.4% |
| Lyon | 29 | 6% |
| Douglas | 24 | 5% |
| Nye | 18 | 3.8% |
| Carson City | 11 | 2.3% |
HUD-approved counselors for reverse mortgages in Nevada
In Nevada, HUD lists 2 agencies that provide reverse mortgage counseling, based in 2 cities. Their phone numbers appear in HUD's counselor search.
| City | Agency | How they counsel | Languages |
|---|---|---|---|
| Henderson, NV | Credit.org - Henderson Branch | phone, video | English, Spanish |
| North Las Vegas, NV | Neighborhood Housing Services of Southern Nevada | phone, in person, video, online | English, Spanish |
For older homeowners in Nevada: property tax relief
In Nevada, senior citizen tax assistance is listed as a property tax exemption. This exemption can reduce your property's taxable value. No age or income limit appears on the page. Locally Assessed Property Tax FAQs, State of Nevada.
Who oversees reverse mortgage lenders in Nevada
Nevada’s Division of Mortgage Lending is the state regulator for non-depository mortgage lending. mld.nv.gov.
Source data: HUD HECM portfolio snapshot, covering September 2025 to August 2026. Every state.