Global Reverse Mortgage Providers Market Growth (Status and Outlook) 2023-2029

In a word, a reverse mortgage is a loan. A homeowner who is 62 or older and has considerable home equity can borrow against the value of their home and receive funds as a lump sum, fixed monthly payment or line of credit. Unlike a forward mortgage—the type used to buy a home—a reverse mortgage doesn't require the homeowner to make any loan payments.

Instead, the entire loan balance becomes due and payable when the borrower dies, moves away permanently or sells the home. Federal regulations require lenders to structure the transaction so the loan amount doesn't exceed the home's value and the borrower or borrower's estate won't be held responsible for paying the difference if the loan balance does become larger than the home's value. One way this could happen is through a drop in the home's market value; another is if the borrower lives a long time。
The Reverse Mortgage Providers industry can be broken down into several segments, Home Equity Conversion Mortgages (HECMs), Single-purpose Reverse Mortgages, etc.

Across the world, the major players cover American Advisors Group (AAG), Finance of America Reverse (FAR), Reverse Mortgage Funding (RMF), etc.

LPI (LP Information)' newest research report, the “Reverse Mortgage Providers Industry Forecast” looks at past sales and reviews total world Reverse Mortgage Providers sales in 2022, providing a comprehensive analysis by region and market sector of projected Reverse Mortgage Providers sales for 2023 through 2029. With Reverse Mortgage Providers sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Reverse Mortgage Providers industry.

This Insight Report provides a comprehensive analysis of the global Reverse Mortgage Providers landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Reverse Mortgage Providers portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Reverse Mortgage Providers market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Reverse Mortgage Providers and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Reverse Mortgage Providers.

The global Reverse Mortgage Providers market size is projected to grow from US$ 1602 million in 2022 to US$ 2395 million in 2029; it is expected to grow at a CAGR of 5.9% from 2023 to 2029.

Reverse Mortgage are mainly classified into the following types: HECMs, Single-purpose Reverse Mortgages and Proprietary Reverse Mortgages. HECMs is the most widely used type which accounted for about 62% of the Global market in 2019.

Reverse Mortgage are most widely used in Debt, which took up about 36% of the Global market in 2019. Health Care Related is another widely used area, which took up approximately 24%. 
North America is the largest region of Reverse Mortgage Providers market with a share of 54%. The Europe market took up about 28 % of the global market, while The Asia-Pacific were over 10 %.

This report presents a comprehensive overview, market shares, and growth opportunities of Reverse Mortgage Providers market by product type, application, key players and key regions and countries.

Market Segmentation:
Segmentation by type
    With Insurance
    Without Insurance

Segmentation by application
    Housing
    Urban Development

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    American Advisors Group
    Finance of America
    Reverse Mortgage
    Ocwen
    One Reverse Mortgage
    Synergy One Lending
    Live Well Financial
    HighTechLending
    Fairway Independent Mortgage
    Open Mortgage

List of Tables
    Table 1. Reverse Mortgage Providers Market Size CAGR by Region (2018 VS 2022 VS 2029) & ($ Millions)
    Table 2. Major Players of With Insurance
    Table 3. Major Players of Without Insurance
    Table 4. Reverse Mortgage Providers Market Size CAGR by Type (2018 VS 2022 VS 2029) & ($ Millions)
    Table 5. Global Reverse Mortgage Providers Market Size by Type (2018-2023) & ($ Millions)
    Table 6. Global Reverse Mortgage Providers Market Size Market Share by Type (2018-2023)
    Table 7. Reverse Mortgage Providers Market Size CAGR by Application (2018 VS 2022 VS 2029) & ($ Millions)
    Table 8. Global Reverse Mortgage Providers Market Size by Application (2018-2023) & ($ Millions)
    Table 9. Global Reverse Mortgage Providers Market Size Market Share by Application (2018-2023)
    Table 10. Global Reverse Mortgage Providers Revenue by Players (2018-2023) & ($ Millions)
    Table 11. Global Reverse Mortgage Providers Revenue Market Share by Player (2018-2023)
    Table 12. Reverse Mortgage Providers Key Players Head office and Products Offered
    Table 13. Reverse Mortgage Providers Concentration Ratio (CR3, CR5 and CR10) & (2021-2023)
    Table 14. New Products and Potential Entrants
    Table 15. Mergers & Acquisitions, Expansion
    Table 16. Global Reverse Mortgage Providers Market Size by Regions 2018-2023 & ($ Millions)
    Table 17. Global Reverse Mortgage Providers Market Size Market Share by Regions (2018-2023)
    Table 18. Global Reverse Mortgage Providers Revenue by Country/Region (2018-2023) & ($ millions)
    Table 19. Global Reverse Mortgage Providers Revenue Market Share by Country/Region (2018-2023)
    Table 20. Americas Reverse Mortgage Providers Market Size by Country (2018-2023) & ($ Millions)
    Table 21. Americas Reverse Mortgage Providers Market Size Market Share by Country (2018-2023)
    Table 22. Americas Reverse Mortgage Providers Market Size by Type (2018-2023) & ($ Millions)
    Table 23. Americas Reverse Mortgage Providers Market Size Market Share by Type (2018-2023)
    Table 24. Americas Reverse Mortgage Providers Market Size by Application (2018-2023) & ($ Millions)
    Table 25. Americas Reverse Mortgage Providers Market Size Market Share by Application (2018-2023)
    Table 26. APAC Reverse Mortgage Providers Market Size by Region (2018-2023) & ($ Millions)
    Table 27. APAC Reverse Mortgage Providers Market Size Market Share by Region (2018-2023)
    Table 28. APAC Reverse Mortgage Providers Market Size by Type (2018-2023) & ($ Millions)
    Table 29. APAC Reverse Mortgage Providers Market Size Market Share by Type (2018-2023)
    Table 30. APAC Reverse Mortgage Providers Market Size by Application (2018-2023) & ($ Millions)
    Table 31. APAC Reverse Mortgage Providers Market Size Market Share by Application (2018-2023)
    Table 32. Europe Reverse Mortgage Providers Market Size by Country (2018-2023) & ($ Millions)
    Table 33. Europe Reverse Mortgage Providers Market Size Market Share by Country (2018-2023)
    Table 34. Europe Reverse Mortgage Providers Market Size by Type (2018-2023) & ($ Millions)
    Table 35. Europe Reverse Mortgage Providers Market Size Market Share by Type (2018-2023)
    Table 36. Europe Reverse Mortgage Providers Market Size by Application (2018-2023) & ($ Millions)
    Table 37. Europe Reverse Mortgage Providers Market Size Market Share by Application (2018-2023)
    Table 38. Middle East & Africa Reverse Mortgage Providers Market Size by Region (2018-2023) & ($ Millions)
    Table 39. Middle East & Africa Reverse Mortgage Providers Market Size Market Share by Region (2018-2023)
    Table 40. Middle East & Africa Reverse Mortgage Providers Market Size by Type (2018-2023) & ($ Millions)
    Table 41. Middle East & Africa Reverse Mortgage Providers Market Size Market Share by Type (2018-2023)
    Table 42. Middle East & Africa Reverse Mortgage Providers Market Size by Application (2018-2023) & ($ Millions)
    Table 43. Middle East & Africa Reverse Mortgage Providers Market Size Market Share by Application (2018-2023)
    Table 44. Key Market Drivers & Growth Opportunities of Reverse Mortgage Providers
    Table 45. Key Market Challenges & Risks of Reverse Mortgage Providers
    Table 46. Key Industry Trends of Reverse Mortgage Providers
    Table 47. Global Reverse Mortgage Providers Market Size Forecast by Regions (2024-2029) & ($ Millions)
    Table 48. Global Reverse Mortgage Providers Market Size Market Share Forecast by Regions (2024-2029)
    Table 49. Global Reverse Mortgage Providers Market Size Forecast by Type (2024-2029) & ($ Millions)
    Table 50. Global Reverse Mortgage Providers Market Size Forecast by Application (2024-2029) & ($ Millions)
    Table 51. American Advisors Group Details, Company Type, Reverse Mortgage Providers Area Served and Its Competitors
    Table 52. American Advisors Group Reverse Mortgage Providers Product Offered
    Table 53. American Advisors Group Reverse Mortgage Providers Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 54. American Advisors Group Main Business
    Table 55. American Advisors Group Latest Developments
    Table 56. Finance of America Details, Company Type, Reverse Mortgage Providers Area Served and Its Competitors
    Table 57. Finance of America Reverse Mortgage Providers Product Offered
    Table 58. Finance of America Main Business
    Table 59. Finance of America Reverse Mortgage Providers Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 60. Finance of America Latest Developments
    Table 61. Reverse Mortgage Details, Company Type, Reverse Mortgage Providers Area Served and Its Competitors
    Table 62. Reverse Mortgage Reverse Mortgage Providers Product Offered
    Table 63. Reverse Mortgage Main Business
    Table 64. Reverse Mortgage Reverse Mortgage Providers Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 65. Reverse Mortgage Latest Developments
    Table 66. Ocwen Details, Company Type, Reverse Mortgage Providers Area Served and Its Competitors
    Table 67. Ocwen Reverse Mortgage Providers Product Offered
    Table 68. Ocwen Main Business
    Table 69. Ocwen Reverse Mortgage Providers Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 70. Ocwen Latest Developments
    Table 71. One Reverse Mortgage Details, Company Type, Reverse Mortgage Providers Area Served and Its Competitors
    Table 72. One Reverse Mortgage Reverse Mortgage Providers Product Offered
    Table 73. One Reverse Mortgage Main Business
    Table 74. One Reverse Mortgage Reverse Mortgage Providers Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 75. One Reverse Mortgage Latest Developments
    Table 76. Synergy One Lending Details, Company Type, Reverse Mortgage Providers Area Served and Its Competitors
    Table 77. Synergy One Lending Reverse Mortgage Providers Product Offered
    Table 78. Synergy One Lending Main Business
    Table 79. Synergy One Lending Reverse Mortgage Providers Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 80. Synergy One Lending Latest Developments
    Table 81. Live Well Financial Details, Company Type, Reverse Mortgage Providers Area Served and Its Competitors
    Table 82. Live Well Financial Reverse Mortgage Providers Product Offered
    Table 83. Live Well Financial Main Business
    Table 84. Live Well Financial Reverse Mortgage Providers Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 85. Live Well Financial Latest Developments
    Table 86. HighTechLending Details, Company Type, Reverse Mortgage Providers Area Served and Its Competitors
    Table 87. HighTechLending Reverse Mortgage Providers Product Offered
    Table 88. HighTechLending Main Business
    Table 89. HighTechLending Reverse Mortgage Providers Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 90. HighTechLending Latest Developments
    Table 91. Fairway Independent Mortgage Details, Company Type, Reverse Mortgage Providers Area Served and Its Competitors
    Table 92. Fairway Independent Mortgage Reverse Mortgage Providers Product Offered
    Table 93. Fairway Independent Mortgage Main Business
    Table 94. Fairway Independent Mortgage Reverse Mortgage Providers Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 95. Fairway Independent Mortgage Latest Developments
    Table 96. Open Mortgage Details, Company Type, Reverse Mortgage Providers Area Served and Its Competitors
    Table 97. Open Mortgage Reverse Mortgage Providers Product Offered
    Table 98. Open Mortgage Main Business
    Table 99. Open Mortgage Reverse Mortgage Providers Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 100. Open Mortgage Latest Developments
List of Figures
    Figure 1. Reverse Mortgage Providers Report Years Considered
    Figure 2. Research Objectives
    Figure 3. Research Methodology
    Figure 4. Research Process and Data Source
    Figure 5. Global Reverse Mortgage Providers Market Size Growth Rate 2018-2029 ($ Millions)
    Figure 6. Reverse Mortgage Providers Sales by Geographic Region (2018, 2022 & 2029) & ($ millions)
    Figure 7. Reverse Mortgage Providers Sales Market Share by Country/Region (2022)
    Figure 8. Reverse Mortgage Providers Sales Market Share by Country/Region (2018, 2022 & 2029)
    Figure 9. Global Reverse Mortgage Providers Market Size Market Share by Type in 2022
    Figure 10. Reverse Mortgage Providers in Housing
    Figure 11. Global Reverse Mortgage Providers Market: Housing (2018-2023) & ($ Millions)
    Figure 12. Reverse Mortgage Providers in Urban Development
    Figure 13. Global Reverse Mortgage Providers Market: Urban Development (2018-2023) & ($ Millions)
    Figure 14. Global Reverse Mortgage Providers Market Size Market Share by Application in 2022
    Figure 15. Global Reverse Mortgage Providers Revenue Market Share by Player in 2022
    Figure 16. Global Reverse Mortgage Providers Market Size Market Share by Regions (2018-2023)
    Figure 17. Americas Reverse Mortgage Providers Market Size 2018-2023 ($ Millions)
    Figure 18. APAC Reverse Mortgage Providers Market Size 2018-2023 ($ Millions)
    Figure 19. Europe Reverse Mortgage Providers Market Size 2018-2023 ($ Millions)
    Figure 20. Middle East & Africa Reverse Mortgage Providers Market Size 2018-2023 ($ Millions)
    Figure 21. Americas Reverse Mortgage Providers Value Market Share by Country in 2022
    Figure 22. United States Reverse Mortgage Providers Market Size Growth 2018-2023 ($ Millions)
    Figure 23. Canada Reverse Mortgage Providers Market Size Growth 2018-2023 ($ Millions)
    Figure 24. Mexico Reverse Mortgage Providers Market Size Growth 2018-2023 ($ Millions)
    Figure 25. Brazil Reverse Mortgage Providers Market Size Growth 2018-2023 ($ Millions)
    Figure 26. APAC Reverse Mortgage Providers Market Size Market Share by Region in 2022
    Figure 27. APAC Reverse Mortgage Providers Market Size Market Share by Type in 2022
    Figure 28. APAC Reverse Mortgage Providers Market Size Market Share by Application in 2022
    Figure 29. China Reverse Mortgage Providers Market Size Growth 2018-2023 ($ Millions)
    Figure 30. Japan Reverse Mortgage Providers Market Size Growth 2018-2023 ($ Millions)
    Figure 31. Korea Reverse Mortgage Providers Market Size Growth 2018-2023 ($ Millions)
    Figure 32. Southeast Asia Reverse Mortgage Providers Market Size Growth 2018-2023 ($ Millions)
    Figure 33. India Reverse Mortgage Providers Market Size Growth 2018-2023 ($ Millions)
    Figure 34. Australia Reverse Mortgage Providers Market Size Growth 2018-2023 ($ Millions)
    Figure 35. Europe Reverse Mortgage Providers Market Size Market Share by Country in 2022
    Figure 36. Europe Reverse Mortgage Providers Market Size Market Share by Type (2018-2023)
    Figure 37. Europe Reverse Mortgage Providers Market Size Market Share by Application (2018-2023)
    Figure 38. Germany Reverse Mortgage Providers Market Size Growth 2018-2023 ($ Millions)
    Figure 39. France Reverse Mortgage Providers Market Size Growth 2018-2023 ($ Millions)
    Figure 40. UK Reverse Mortgage Providers Market Size Growth 2018-2023 ($ Millions)
    Figure 41. Italy Reverse Mortgage Providers Market Size Growth 2018-2023 ($ Millions)
    Figure 42. Russia Reverse Mortgage Providers Market Size Growth 2018-2023 ($ Millions)
    Figure 43. Middle East & Africa Reverse Mortgage Providers Market Size Market Share by Region (2018-2023)
    Figure 44. Middle East & Africa Reverse Mortgage Providers Market Size Market Share by Type (2018-2023)
    Figure 45. Middle East & Africa Reverse Mortgage Providers Market Size Market Share by Application (2018-2023)
    Figure 46. Egypt Reverse Mortgage Providers Market Size Growth 2018-2023 ($ Millions)
    Figure 47. South Africa Reverse Mortgage Providers Market Size Growth 2018-2023 ($ Millions)
    Figure 48. Israel Reverse Mortgage Providers Market Size Growth 2018-2023 ($ Millions)
    Figure 49. Turkey Reverse Mortgage Providers Market Size Growth 2018-2023 ($ Millions)
    Figure 50. GCC Country Reverse Mortgage Providers Market Size Growth 2018-2023 ($ Millions)
    Figure 51. Americas Reverse Mortgage Providers Market Size 2024-2029 ($ Millions)
    Figure 52. APAC Reverse Mortgage Providers Market Size 2024-2029 ($ Millions)
    Figure 53. Europe Reverse Mortgage Providers Market Size 2024-2029 ($ Millions)
    Figure 54. Middle East & Africa Reverse Mortgage Providers Market Size 2024-2029 ($ Millions)
    Figure 55. United States Reverse Mortgage Providers Market Size 2024-2029 ($ Millions)
    Figure 56. Canada Reverse Mortgage Providers Market Size 2024-2029 ($ Millions)
    Figure 57. Mexico Reverse Mortgage Providers Market Size 2024-2029 ($ Millions)
    Figure 58. Brazil Reverse Mortgage Providers Market Size 2024-2029 ($ Millions)
    Figure 59. China Reverse Mortgage Providers Market Size 2024-2029 ($ Millions)
    Figure 60. Japan Reverse Mortgage Providers Market Size 2024-2029 ($ Millions)
    Figure 61. Korea Reverse Mortgage Providers Market Size 2024-2029 ($ Millions)
    Figure 62. Southeast Asia Reverse Mortgage Providers Market Size 2024-2029 ($ Millions)
    Figure 63. India Reverse Mortgage Providers Market Size 2024-2029 ($ Millions)
    Figure 64. Australia Reverse Mortgage Providers Market Size 2024-2029 ($ Millions)
    Figure 65. Germany Reverse Mortgage Providers Market Size 2024-2029 ($ Millions)
    Figure 66. France Reverse Mortgage Providers Market Size 2024-2029 ($ Millions)
    Figure 67. UK Reverse Mortgage Providers Market Size 2024-2029 ($ Millions)
    Figure 68. Italy Reverse Mortgage Providers Market Size 2024-2029 ($ Millions)
    Figure 69. Russia Reverse Mortgage Providers Market Size 2024-2029 ($ Millions)
    Figure 70. Spain Reverse Mortgage Providers Market Size 2024-2029 ($ Millions)
    Figure 71. Egypt Reverse Mortgage Providers Market Size 2024-2029 ($ Millions)
    Figure 72. South Africa Reverse Mortgage Providers Market Size 2024-2029 ($ Millions)
    Figure 73. Israel Reverse Mortgage Providers Market Size 2024-2029 ($ Millions)
    Figure 74. Turkey Reverse Mortgage Providers Market Size 2024-2029 ($ Millions)
    Figure 75. GCC Countries Reverse Mortgage Providers Market Size 2024-2029 ($ Millions)
    Figure 76. Global Reverse Mortgage Providers Market Size Market Share Forecast by Type (2024-2029)
    Figure 77. Global Reverse Mortgage Providers Market Size Market Share Forecast by Application (2024-2029)

American Advisors Group
Finance of America
Reverse Mortgage
Ocwen
One Reverse Mortgage
Synergy One Lending
Live Well Financial
HighTechLending
Fairway Independent Mortgage
Open Mortgage

LP Information presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

• Primary Source
  Players/Suppliers
  Industry Experts
  Distributors/Traders
  Opinion Leaders
  Front-line Staff
  Marketing Executives

  Secondary Source
  Journals and Periodicals
  Government Bodies
  Annual Reports
  Presentations
  Paid Databases
  LPI Internal Repository

• Data Synthesis
  Information Gathering
  Collation of Data
  Estimation of Key Figures
  Analysis of Derived Insights

  Data Validation
  Triangulation with Data Models
  Reference Against Proprietary
  Databases
  Corroboration with Industry Experts

• Qualitative Analysis
  Market drivers
  Market challenges
  Market trends
  Five forces analysis

  Qualitative Analysis
  Market size and forecast
  Market segmentation
  Geographical insights
  Competitive landscape