In 2024, there were 3402 active reverse mortgage loans in Clark County, Nevada. The average home value in Clark County is $520,083.60.

Click here to get a reverse Mortgage Quote in Clark County, Nevada

To avoid scams, make sure you are working with a licensed lender in Nevada. South River Mortgage is a fully licensed lender in Nevada. The NV state regulator requires mortgage lenders to be explicitly approved to make loans and hold a license. South River Mortgage proudly holds the Mortgage Company License in NV, and our state license identifier is NMC-119889.  We also maintain active approval with HUD/FHA.

Reverse Mortgage Loans in Clark County

Clark County, Nevada, home to popular cities such as Las Vegas and Henderson, boasts a diverse population and a desert climate with hot summers and mild winters. With a population of approximately 2.3 million, the county is known for its vibrant entertainment scene, world-class resorts, and stunning natural landscapes such as the Red Rock Canyon National Conservation Area. Historically, Clark County has played a significant role in the development of the American West, with Las Vegas becoming a major hub for entertainment and tourism in the mid-20th century. The average home value in Clark County is $520,083.60, with property taxes averaging $2,283.56 and an average interest rate of 4.06%. For seniors looking to access their home equity in retirement, considering a reverse mortgage may be a viable option. A reverse mortgage allows homeowners aged 62 and older to convert a portion of their home equity into cash without having to sell the home or make monthly mortgage payments. This can provide seniors with additional financial flexibility and stability during their retirement years.

Reverse Mortgage Loan Origination in Clark County

Reverse Mortgage Home Values in Clark County

Reverse Mortgage Interest Rates Clark County

There are approximately 3402 active reverse mortgage loans in Clark County. The average interest rate in Clark County is 7.59% for reverse mortgages. The average maximum claim amount (the lesser of the appraisal or lending limit), among reverse mortgage borrowers, in Clark County was $474,511.49 in 2024.

Click here to get a Reverse Mortgage Quote in Clark County, Nevada »

Note that our loan origination data will not exactly match FHA’s HECM portfolio snapshot. This discrepancy occurs because FHA’s reports are limited to loans endorsed by FHA (i.e. HECMs only). We use a series of custom data criteria that make it possible to identify all reverse mortgages: HECMs, proprietary, and even single-purpose reverse mortgages.

Jumbo Reverse Mortgage in Clark County, NV

With the average home value of $474,511.49, you may be wondering about the opportunities for jumbo loans.

The FHA has increased the HECM lending limit to $1,209,750 for 2025. If your property is valued above the HECM lending limit, you may be eligible for additional proceeds through the HomeForLife jumbo reverse mortgage.

Reverse Mortgage Refinance (HECM to HECM) in Clark County

It might make sense to refinance your reverse mortgage. There are many situations where refinancing could be very beneficial to you:

• You want to get more cash out because your home value has increased substantially
• You want to pay less in interest by obtaining a lower interest rate
• You want to add a loved one to the reverse mortgage

As a bonus, South River Mortgage can sometimes provide multiple benefits at once, depending on the situation. There have been cases where we can help secure a lower interest rate and additional cash. In some cases, we have been able to do all three benefits: lower rate, more cash, and adding a son or daughter onto the mortgage.

South River Mortgage can help you refinance your reverse mortgage. Get a quote today »

Reverse for Purchase (HECM for Purchase) in Clark County

You can now purchase a home with a reverse mortgage in {county}, NV. The reverse for purchase lets homebuyers purchase the home and get a reverse mortgage in a single transaction. The requirements for a reverse for purchase are very similar to the traditional reverse mortgage program.

Purchasing a home with a reverse mortgage has many benefits:

• No monthly mortgage payment (although you’d still be responsible for property taxes and homeowner’s insurance)
• The home being purchased would meet HUD’s property requirements or minimum property standards (this helps keep the home safe for occupants)

Learn what your down payment would be using our Reverse for Purchase calculator. Or, get pre-approved today »