ReverseIQ Newsletters

HECM Trends – April 2017

June 27, 2017

While industry endorsements slipped a bit in April, year to date volume is still 12.5% higher than last year. Refinance transactions have picked up steam in 2017, coming in at 14% of endorsements. Even so, non-refi loan volume is up 8.8% year over year.

  • Colorado continues to experience tremendous growth, with volume up almost 70% from last year.
  • Denver is leading the way in the city list, with volume growing 40%
  • King County in Washington jumped 60.3% over last year

Find out where else HECMs are growing in our full report by clicking the image below.

HECM Trends