Global Reverse Mortgage Providers Market 2024 by Company, Regions, Type and Application, Forecast to 2030

Global Reverse Mortgage Providers Market 2024 by Company, Regions, Type and Application, Forecast to 2030

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.

According to our (Global Info Research) latest study, the global Reverse Mortgage Providers market size was valued at US$ 1789 million in 2023 and is forecast to a readjusted size of USD 2603 million by 2030 with a CAGR of 5.6% during review period.

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 is a detailed and comprehensive analysis for global Reverse Mortgage Providers market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Reverse Mortgage Providers market size and forecasts, in consumption value ($ Million), 2019-2030

Global Reverse Mortgage Providers market size and forecasts by region and country, in consumption value ($ Million), 2019-2030

Global Reverse Mortgage Providers market size and forecasts, by Type and by Application, in consumption value ($ Million), 2019-2030

Global Reverse Mortgage Providers market shares of main players, in revenue ($ Million), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Reverse Mortgage Providers

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Reverse Mortgage Providers market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include American Advisors Group (AAG), Finance of America Reverse (FAR), Reverse Mortgage Funding (RMF), Liberty Home Equity Solutions (Ocwen), One Reverse Mortgage (Quicken Loans), Mutual of Omaha Mortgage, HighTechLending, Fairway Independent Mortgage Corporation, Open Mortgage, Longbridge Financial, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market segmentation

Reverse Mortgage Providers market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

Market segmentation

Reverse Mortgage Providers market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Home Equity Conversion Mortgages (HECMs)
Single-purpose Reverse Mortgages
Proprietary Reverse Mortgages

Market segment by Application
Debt
Health Care Related
Renovations
Income Supplement
Living Expenses

Market segment by players, this report covers
American Advisors Group (AAG)
Finance of America Reverse (FAR)
Reverse Mortgage Funding (RMF)
Liberty Home Equity Solutions (Ocwen)
One Reverse Mortgage (Quicken Loans)
Mutual of Omaha Mortgage
HighTechLending
Fairway Independent Mortgage Corporation
Open Mortgage
Longbridge Financial

Market segment by regions, regional analysis covers

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia, Italy and Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)

South America (Brazil, Rest of South America)

Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

The content of the study subjects, includes a total of 13 chapters:

Chapter 1, to describe Reverse Mortgage Providers product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top players of Reverse Mortgage Providers, with revenue, gross margin, and global market share of Reverse Mortgage Providers from 2019 to 2024.

Chapter 3, the Reverse Mortgage Providers competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.

Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2019 to 2030.

Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Reverse Mortgage Providers market forecast, by regions, by Type and by Application, with consumption value, from 2024 to 2030.

Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.

Chapter 12, the key raw materials and key suppliers, and industry chain of Reverse Mortgage Providers.

Chapter 13, to describe Reverse Mortgage Providers research findings and conclusion.