HECM Trends is about finding the big themes in the reverse industry but also unearthing some of the little gems. In that spirit, check out these two surprises at the top of our loan size growth charts on page 2:
- Bluffton, SC is showing the largest growth in average loan size (Max Claim Amount) in the country through the first six months of the year, rising $112K to $316K. With 31 loans in 6 months the volume is reasonable too and not just a fluke of low sample size.
- 43123 is the top zip code on the same average loan size growth measure, making this Columbus, OH neighborhood a hot ticket.
Find out where else HECMs are growing in our full report by clicking the image below.
And if you’re interested in finding the little nuggets in your states, our Dashboard is the easiest tool to explore your market. Call Jon McCue at 682-651-5632 for your free trial.