Number of HECMs in the U.S. 2005-2024

Published by Statista Research Department, Dec 17, 2024

Home equity conversion mortgages (HECM) are a federally insured reverse mortgages which allow homeowners in the United States to withdraw some of the equity in the home that they own. In the financial year ending in September 2024, approximately 20,000 HECMs were granted. Wells Fargo was the leading reverse mortgage provider of all times as of 2024.

Number of home equity conversion mortgages (HECM) in the United States from 2005 to 2024

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Release date

September 2024

Region

United States

Survey time period

2005 to 2024

Supplementary notes

The data came from the U.S. Department of Housing and Urban Development, who provide data by federal fiscal year (each federal fiscal year begins October 1 and runs through September 30 of the following year.


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