North America Reverse Mortgage Market Size & Outlook

The reverse mortgage market in North America is expected to reach a projected revenue of US$ 904.6 million by 2030. A compound annual growth rate of 5% is expected of North America reverse mortgage market from 2024 to 2030.
Revenue, 2023 (US$M)
$641.8
Forecast, 2030 (US$M)
$904.6
CAGR, 2024 - 2030
5%
Report Coverage
North America

North America reverse mortgage market, 2018-2030 (US$M)

North
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North America reverse mortgage market highlights

  • The North America reverse mortgage market generated a revenue of USD 641.8 million in 2023.
  • The market is expected to grow at a CAGR of 5% from 2024 to 2030.
  • In terms of segment, home equity conversion mortgages (hecms) was the largest revenue generating type in 2023.
  • Home Equity Conversion Mortgages (HECMs) is the most lucrative type segment registering the fastest growth during the forecast period.


North America data book summary

Market revenue in 2023USD 641.8 million
Market revenue in 2030USD 904.6 million
Growth rate5% (CAGR from 2023 to 2030)
Largest segmentHome equity conversion mortgages (hecms)
Fastest growing segmentHome Equity Conversion Mortgages (HECMs)
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationHome Equity Conversion Mortgages (HECMs)
Key market players worldwideFinance of America Companies Inc, Mutual Of Omaha


Other key industry trends

  • In terms of revenue, North America region accounted for 35.2% of the global reverse mortgage market in 2023.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 638.4 million by 2030.

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Reverse Mortgage Market Scope

Reverse mortgage market segmentation & scope
Single-purpose Reverse Mortgages
Proprietary Reverse Mortgages
Application
Debt
Healthcare Related
Renovations
Income Supplement
Living Expenses

Reverse Mortgage Market Companies

Name Profile # Employees HQ Website

North America reverse mortgage market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to reverse mortgage market will help companies and investors design strategic landscapes.


Home equity conversion mortgages (hecms) was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the North America reverse mortgage market based on home equity conversion mortgages (hecms) covering the revenue growth of each sub-segment from 2018 to 2030.


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  • Our clientele includes a mix of reverse mortgage market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America reverse mortgage market , including forecasts for subscribers. This continent databook contains high-level insights into North America reverse mortgage market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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North America reverse mortgage market

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