Reverse mortgage in Oregon
The lenders, loan locations and counselors in Oregon all appear in HUD's own loan records.
- Over a year, 567 HECMs closed across Oregon
- The Median home value HUD counted was $475,000
- Finance of America Reverse handled the Most HECMs in Oregon (126)
Between September 2025 and August 2026, 2.3% of the 24,529 HECM loans nationwide closed in Oregon, based on HUD's data, for a total of 567. The state ranked 15th across the 50 states and DC.
That total included 37 home purchases through a HECM for Purchase, 43 refinancings of an older HECM and 17 that reached the $1,249,125 value cap.
Oregon HECMs compared with the national figures
The final two rows are taken from that calculator.
| Oregon | Against all HECMs | |
|---|---|---|
| HECMs closed | 567 | 2.3% of all 24,529 |
| Median home value counted | $475,000 | $35,000 more |
| Median principal limit | $208,800 | $14,628 more |
| Principal limit as a share of value | 42.8% | 0.6 points lower |
| Median expected rate | 5.875% | the same |
| HECM for Purchase | 6.5% | 1 points higher |
| Refinanced HECMs | 7.6% | 3.3 points lower |
| Lenders with a loan here | 22 | of 34 nationwide |
| Median home, no mortgage: what remains after costs at age 70 | $164,350 | $12,810 more |
| Usable in the first year at age 70 | $91,010 | $7,406 more |
Oregon HECM lenders ranked by loan count
In Oregon, 22 lenders sponsored HECMs. Finance of America Reverse, Longbridge Financial and Mutual of Omaha Mortgage led the way, making 347 of the 567 loans (61%). See the national ranking for a comparison.
| Rank | Lender | HECMs | Share |
|---|---|---|---|
| 1 | Finance of America Reverse | 126 | 22.2% |
| 2 | Longbridge Financial | 113 | 19.9% |
| 3 |  | 108 | 19% |
| 4 | Guild Mortgage | 41 | 7.2% |
| 5 | Traditional Mortgage Acceptance Corporation | 38 | 6.7% |
| 6 |  | 27 | 4.8% |
| 7 | Plaza Home Mortgage | 20 | 3.5% |
| 8 | South River Mortgage | 16 | 2.8% |
| 9 |  | 16 | 2.8% |
| 10 | PHH Mortgage | 16 | 2.8% |
Which local lenders and brokers originated HECMs in Oregon
Oregon HECM applications went to 113 companies. With national lenders left out, the most originations came from Atlantic Avenue Mortgage (26), Amerifund Home Loans (19), New American Funding (11), Mortgage Express (9), Movement Mortgage (8), Loandepot.com (8), Caliver Beach Mortgage (8) and West Capital Lending (7). 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.
Places where Oregon HECMs were made
Multnomah County came first with 66 of the 567 loans; Lane followed with 58. The highest city totals went to Portland with 59, Eugene with 33, Bend with 20, Salem with 19 and Grants Pass with 16. 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 |
|---|---|---|
| Multnomah | 66 | 11.6% |
| Lane | 58 | 10.2% |
| Washington | 57 | 10.1% |
| Clackamas | 51 | 9% |
| Deschutes | 48 | 8.5% |
| Marion | 37 | 6.5% |
HUD-approved counselors for reverse mortgages in Oregon
HUD's list names 5 counseling agencies for reverse mortgages that are based in Oregon, in 5 cities. Their phone numbers appear in HUD's counselor search tool.
| City | Agency | How they counsel | Languages |
|---|---|---|---|
| Bend, OR | Neighborimpact- Bend Housing Center | phone, in person, video, online | Sign language, English, Spanish |
| Lake Oswego, OR | Housing Options Provided for the Elderly | phone, in person, video | English |
| Medford, OR | CCCS of Southern Oregon | phone, in person, video, online, group | English |
| Prineville, OR | Neighborimpact - Prineville Housing Center | phone, in person, video, online | Sign language, English, Spanish |
| Redmond, OR | Neighborimpact | phone, in person, video, online | Sign language, English, Spanish |
Older homeowners in Oregon: property tax relief
Through a state loan, a qualifying senior homeowner in Oregon can defer property taxes. The limit for 2026 household income is $70,000, and the minimum cap on real market value is $301,000. Oregon Department of Revenue, senior property tax deferral page.
Who oversees reverse mortgage lenders in Oregon
To offer mortgage loans in Oregon, Mortgage lenders and brokers need a license from Oregon’s Division of Financial Regulation. Division of Financial Regulation : Mortgage lender licensing : Mortgage industry : State of Oregon .
Data comes from the HUD HECM portfolio snapshot, covering September 2025 to August 2026. All states.