In 2024, there were 68 active reverse mortgage loans in Harnett County, North Carolina. The average home value in Harnett County is $294,776.29.

Click here to get a reverse Mortgage Quote in Harnett County, North Carolina

To avoid scams, make sure you are working with a licensed lender in North Carolina. South River Mortgage is a fully licensed lender in North Carolina. The NC state regulator requires mortgage lenders to be explicitly approved to make loans and hold a license. South River Mortgage proudly holds the Mortgage Lender License in NC, and our state license identifier is L-222260.  We also maintain active approval with HUD/FHA.

Reverse Mortgage Loans in Harnett County

Harnett County, located in North Carolina, is a vibrant area known for its rich history, beautiful landscapes, and welcoming community. With a population of over 135,000 residents, the county enjoys a mild climate, perfect for exploring the outdoors and enjoying all that the area has to offer. Harnett County is renowned for its historical sites, including the Averasborough Battlefield and the Chicora Civil War Cemetery, providing a glimpse into the county’s past. In terms of real estate, Harnett County boasts an average home value of $294,776.29 and an average property tax of $1,568.40, making it an attractive location for homeowners. Seniors looking to supplement their retirement income may find the option of a reverse mortgage appealing, especially with the current average interest rate of 4.39%. This financial tool allows seniors to tap into their home equity while still retaining ownership, providing them with a valuable resource for additional financial security in their golden years.

Reverse Mortgage Loan Origination in Harnett County

Reverse Mortgage Home Values in Harnett County

Reverse Mortgage Interest Rates Harnett County

There are approximately 68 active reverse mortgage loans in Harnett County. The average interest rate in Harnett County is 7.81% for reverse mortgages. The average maximum claim amount (the lesser of the appraisal or lending limit), among reverse mortgage borrowers, in Harnett County was $237,500.00 in 2024.

Click here to get a Reverse Mortgage Quote in Harnett County, North Carolina »

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 Harnett County, NC

With the average home value of $237,500.00, 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 Harnett 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 Harnett County

You can now purchase a home with a reverse mortgage in {county}, NC. 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 »