Reverse mortgage in Vermont
From HUD's own loan records: who lends in Vermont, where the loans are, and who counsels there.
- In a year, 38 HECMs closed in Vermont
- Median home value counted by HUD: $455,000
- Most HECMs in Vermont came from Finance of America Reverse (16)
Between September 2025 and August 2026, 0.2% of the 24,529 HECMs nationwide were closed in Vermont, ranking 48th out of the 50 states and DC. HUD's HECM data counts 38 of these reverse mortgages.
Vermont HECMs compared with the national figures
The two rows at the bottom come from the calculator.
| Vermont | Against all HECMs | |
|---|---|---|
| HECMs closed | 38 | 0.2% of all 24,529 |
| Median home value counted | $455,000 | $15,000 more |
| Median principal limit | $218,510 | $24,338 more |
| Principal limit as a share of value | 43.9% | 0.5 points higher |
| Median expected rate | 5.875% | the same |
| HECM for Purchase | 0% | 5.5 points lower |
| Refinanced HECMs | 0% | 10.9 points lower |
| Lenders with a loan here | 5 | of 34 nationwide |
| Median home with no mortgage: what is left after costs at age 70 | $157,030 | $5,490 more |
| Usable in the first year at age 70 | $86,778 | $3,174 more |
Vermont HECM lenders ranked by number of loans
In Vermont, 5 lenders sponsored HECMs. The three highest-ranked lenders were Finance of America Reverse, Mutual of Omaha Mortgage and Longbridge Financial. Together, they made 34 of those 38 loans (89%). For comparison, look at the national ranking.
| Rank | Lender | HECMs | Share |
|---|---|---|---|
| 1 | Finance of America Reverse | 16 | 42.1% |
| 2 |  | 9 | 23.7% |
| 3 | Longbridge Financial | 9 | 23.7% |
| 4 |  | 3 | 7.9% |
| 5 | Guild Mortgage | 1 | 2.6% |
In Vermont, local lenders and brokers that originated HECMs
Vermont HECM applications were taken by 13 companies. Firms outside the national names above were also among the most active. These include Loandepot.com (2), Movement Mortgage (1), Go Rascal (1), Ark-La-Tex Financial Services (1), American Financial Network (1) and Abl (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 the Vermont HECMs were made
Chittenden County came first with 7 of the 38 loans; Franklin had 5. The cities with the most loans were Weston (2), Winooski (2), South Hero (2), Swanton (2) and Burlington (2). 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 |
|---|---|---|
| Chittenden | 7 | 18.4% |
| Franklin | 5 | 13.2% |
| Windsor | 4 | 10.5% |
| Washington | 4 | 10.5% |
| Windham | 3 | 7.9% |
| Orange | 3 | 7.9% |
HUD-approved counselors for reverse mortgages in Vermont
None of the agencies on HUD's counselor list are based in Vermont. Before you apply, the session is still required. HUD's counselor search lists agencies that counsel by phone or by video.
Relief on property taxes for older Vermont homeowners
Vermont’s Property Tax Credit may apply to your homestead at 70 if you meet its requirements, which include a household income limit of $115,400 for 2025. Property Tax Credit | Department of Taxes.
Who oversees reverse mortgage lenders in Vermont
Companies that service reverse mortgages in Vermont must be licensed as a loan servicer. Loan Servicers | Department of Financial Regulation.
Source: the HUD HECM portfolio snapshot, covering September 2025 through August 2026. All states.