The global market for Reverse Mortgage was estimated at US$2.1 Billion in 2024 and is projected to reach US$3.0 Billion by 2030, growing at a CAGR of 6.0% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Reverse Mortgage market.
Global Reverse Mortgage Market - Key Trends & Drivers Summarized
Why Is Reverse Mortgage Becoming a Popular Financial Option for Seniors?
Reverse mortgages have gained popularity as a financial tool for seniors seeking to unlock the equity in their homes to cover living expenses, healthcare costs, and other needs in retirement. As the aging population grows and traditional retirement savings may not be sufficient to meet the financial needs of seniors, reverse mortgages offer a way for homeowners aged 62 and older to access cash without the requirement to sell their homes or make monthly payments. This type of loan allows seniors to tap into their home equity, providing them with a stream of income or a lump sum to enhance their financial security. The flexibility of reverse mortgage options, including home equity conversion mortgages (HECMs), has made it an increasingly attractive solution for seniors looking to supplement their retirement income and maintain their lifestyle.How Are Technological Innovations Improving Reverse Mortgage Services?
Technological advancements in digital tools and platforms have made the reverse mortgage process more accessible and efficient. Online platforms allow seniors and their families to explore reverse mortgage options, understand eligibility requirements, and estimate loan amounts through interactive tools. These platforms streamline the application process, enabling faster approvals and reducing paperwork. Additionally, AI-driven customer service bots and virtual assistants are helping prospective borrowers better understand the terms and benefits of reverse mortgages, making the decision-making process less intimidating. Furthermore, advancements in data analytics are enabling lenders to better assess risk and provide more tailored solutions to seniors, ensuring that the reverse mortgage loan structure fits their specific needs and financial situation.What Market Trends Are Driving the Demand for Reverse Mortgages?
The aging population and the increasing number of seniors who own homes are significant drivers of reverse mortgage demand. With the rise of retirees facing longer life expectancies and the challenge of managing healthcare costs, reverse mortgages have become an important solution for maintaining financial independence. The shift towards more flexible, customizable loan products, including home equity conversion mortgages (HECMs), has further expanded the appeal of reverse mortgages to a wider range of seniors. Additionally, the growing trend of “aging in place,” where seniors prefer to stay in their homes rather than moving to assisted living facilities, has fueled demand for reverse mortgages as a means of accessing the financial resources to maintain homeownership. The increasing awareness and acceptance of reverse mortgages, due to targeted advertising and educational efforts, has also contributed to the market's growth.What Are the Key Growth Drivers of the Reverse Mortgage Market?
The growth in the global reverse mortgage market is driven by the increasing number of aging homeowners, the rising costs of healthcare and living expenses in retirement, and the need for senior citizens to tap into their home equity to maintain financial stability. The expansion of reverse mortgage products, offering more flexibility and customization, is also fueling demand. Additionally, government-backed programs, such as Home Equity Conversion Mortgages (HECMs), have made reverse mortgages more accessible to seniors. The growing awareness of reverse mortgages, coupled with technological advancements that streamline the process, is further accelerating market growth. As seniors continue to seek ways to fund their retirement, the reverse mortgage market is expected to see continued expansion, offering financial solutions for a growing demographic.Scope of Study:
The report analyzes the Reverse Mortgage market in terms of units by the following Segments, and Geographic Regions/Countries:- Segments: Type (Home Equity Conversion Mortgages, Single-purpose Reverse Mortgages, Proprietary Reverse Mortgages); Application (Debt, Healthcare Related, Renovations, Income Supplement, Living Expenses)
- Geographic Regions/Countries: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Home Equity Conversion Mortgages segment, which is expected to reach US$1.6 Billion by 2030 with a CAGR of a 5.7%. The Single-purpose Reverse Mortgages segment is also set to grow at 7.0% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $550.1 Million in 2024, and China, forecasted to grow at an impressive 5.8% CAGR to reach $476.6 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Reverse Mortgage Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Reverse Mortgage Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Reverse Mortgage Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of players such as Advisors Mortgage Group, LLC, Allied Mortgage Group, Inc., American Advisors Group (AAG), American Pacific Mortgage Corporation, Bank of England Mortgage and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Some of the 44 companies featured in this Reverse Mortgage market report include:
- Advisors Mortgage Group, LLC
- Allied Mortgage Group, Inc.
- American Advisors Group (AAG)
- American Pacific Mortgage Corporation
- Bank of England Mortgage
- Bank of Utah
- Central Pacific Bank
- Fairway Independent Mortgage Corporation
- Finance of America Reverse
- GoodLife Home Loans
- Guild Mortgage
- HighTechLending
- Hodge Bank
- Liberty Reverse Mortgage
- Lloyds Bank
- Longbridge Financial
- Magnolia Bank
- Mutual of Omaha Mortgage
- Nationwide Equities
- Newbury Building Society
This edition integrates the latest global trade and economic shifts as of June 2025 into comprehensive market analysis. Key updates include:
- Tariff and Trade Impact: Insights into global tariff negotiations across 180+ countries, with analysis of supply chain turbulence, sourcing disruptions, and geographic realignment. Special focus on 2025 as a pivotal year for trade tensions, including updated perspectives on the Trump-era tariffs.
- Adjusted Forecasts and Analytics: Revised global and regional market forecasts through 2030, incorporating tariff effects, economic uncertainty, and structural changes in globalization. Includes segmentation by product, technology, type, material, distribution channel, application, and end-use, with historical analysis since 2015.
- Strategic Market Dynamics: Evaluation of revised market prospects, regional outlooks, and key economic indicators such as population and urbanization trends.
- Innovation & Technology Trends: Latest developments in product and process innovation, emerging technologies, and key industry drivers shaping the competitive landscape.
- Competitive Intelligence: Updated global market share estimates for 2025, competitive positioning of major players (Strong/Active/Niche/Trivial), and refined focus on leading global brands and core players.
- Expert Insight & Commentary: Strategic analysis from economists, trade experts, and domain specialists to contextualize market shifts and identify emerging opportunities.
- Complimentary Update: Buyers receive a free July 2025 update with finalized tariff impacts, new trade agreement effects, revised projections, and expanded country-level coverage.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Advisors Mortgage Group, LLC
- Allied Mortgage Group, Inc.
- American Advisors Group (AAG)
- American Pacific Mortgage Corporation
- Bank of England Mortgage
- Bank of Utah
- Central Pacific Bank
- Fairway Independent Mortgage Corporation
- Finance of America Reverse
- GoodLife Home Loans
- Guild Mortgage
- HighTechLending
- Hodge Bank
- Liberty Reverse Mortgage
- Lloyds Bank
- Longbridge Financial
- Magnolia Bank
- Mutual of Omaha Mortgage
- Nationwide Equities
- Newbury Building Society
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 74 |
| Published | June 2025 |
| Forecast Period | 2024 - 2030 |
| Estimated Market Value ( USD | $ 2.1 Billion |
| Forecasted Market Value ( USD | $ 3 Billion |
| Compound Annual Growth Rate | 6.0% |
| Regions Covered | Global |
