Reverse mortgage in Washington, DC
District of Columbia lenders, loan locations and counselors, based on HUD's own loan records.
- In one year, 30 HECMs closed in District of Columbia
- HUD counted a Median home value of $760,000
- District of Columbia: Mutual of Omaha Mortgage Most HECMs (10)
HUD's HECM data shows 30 closed reverse mortgages in District of Columbia between September 2025 and August 2026, 0.1% of the 24,529 recorded nationwide. The area ranks 49th among the 50 states and DC.
Among these loans, 8 met the $1,249,125 value limit, while 1 was used to refinance a previous HECM.
District of Columbia HECMs compared with national figures
The final two rows use figures from the calculator.
| District of Columbia | Against all HECMs | |
|---|---|---|
| HECMs closed | 30 | 0.1% of all 24,529 |
| Median home value counted | $760,000 | $320,000 more |
| Median principal limit | $312,002 | $117,830 more |
| Principal limit as a share of value | 47.4% | 4 points higher |
| Median expected rate | 5.938% | 0.062 points higher |
| HECM for Purchase | 0% | 5.5 points lower |
| Refinanced HECMs | 3.3% | 7.5 points lower |
| Lenders with a loan here | 8 | of 34 nationwide |
| At age 70, median home, no mortgage: amount remaining after costs | $268,660 | $117,120 more |
| Usable in the first year at age 70 | $151,316 | $67,712 more |
District of Columbia HECM lenders by number of loans
In District of Columbia, 8 lenders sponsored HECMs. The top three lenders were Mutual of Omaha Mortgage, followed by Finance of America Reverse and Longbridge Financial. They made 25 of the 30 loans, or 83% in total. Compare rankings for the nation.
| Rank | Lender | HECMs | Share |
|---|---|---|---|
| 1 |  | 10 | 33.3% |
| 2 | Finance of America Reverse | 8 | 26.7% |
| 3 | Longbridge Financial | 7 | 23.3% |
| 4 | PHH Mortgage | 1 | 3.3% |
| 5 | Plaza Home Mortgage | 1 | 3.3% |
| 6 | Traditional Mortgage Acceptance Corporation | 1 | 3.3% |
| 7 |  | 1 | 3.3% |
| 8 | MCM Holdings | 1 | 3.3% |
Local lenders and brokers that originated District of Columbia HECMs
Applications for District of Columbia HECM went to 16 companies in total. Outside the national names above, the companies with the most originations were Loandepot.com (4), Atlantic Coast Mortgage (4), Your Mortgage Genie (1), Paramount Residential Mortgage Group (1), New American Funding (1), Movement Mortgage (1), M Street Mortgage (1) and Encompass Lending Group (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.
Places where HECMs were made in District of Columbia
District of Columbia County led the count with 30 of the 30 loans. Washington (30) had the highest city total. 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 |
|---|---|---|
| District of Columbia | 30 | 100% |
Reverse mortgage counselors that are HUD-approved in District of Columbia
HUD lists 2 agencies based in District of Columbia that provide reverse mortgage counseling. Their phone numbers are in HUD's counselor lookup.
| City | Agency | How they counsel | Languages |
|---|---|---|---|
| Washington, DC | Housing Counseling Services, Incorporated (hsc,inc.) | phone, in person, video, online, group | Chinese, English, Farsi, French, Portuguese, Spanish |
| Washington, DC | Marshall Heights Community Development Organization | in person, online, group | English |
Who oversees reverse mortgage lenders in District of Columbia
Before mortgage lenders and brokers can do business in the District of Columbia, they must get a license. § 26 to 1103. License requirements. | D.C. Law Library.
Data comes from the HUD HECM portfolio snapshot for September 2025 to August 2026. All state data.