In 2024, there were 142 active reverse mortgage loans in Yamhill County, Oregon. The average home value in Yamhill County is $529,574.13.

Click here to get a reverse Mortgage Quote in Yamhill County, Oregon

To avoid scams, make sure you are working with a licensed lender in Oregon. South River Mortgage is a fully licensed lender in Oregon. The OR state regulator requires mortgage lenders to be explicitly approved to make loans and hold a license. South River Mortgage proudly holds the Mortgage Lending License in OR, and our state license identifier is 1854525.  We also maintain active approval with HUD/FHA.

Reverse Mortgage Loans in Yamhill County

Yamhill County, located in the state of Oregon, is known for its scenic beauty, charming small towns, and proximity to the Willamette Valley wine country. With a population of approximately 107,100 residents, the county enjoys a mild climate with moderate temperatures and abundant rainfall, making it an ideal location for agriculture and vineyards. Historically, Yamhill County was named after the Yamhelas, a Native American tribe native to the area. The county is also known for its rich history as part of the Oregon Trail, with several historic landmarks and museums preserving its pioneer past. For seniors looking to tap into their home’s value, Yamhill County offers options for reverse mortgages. With an average home value of $529,574.13, seniors can leverage their home equity through a reverse mortgage, allowing them to access funds for living expenses or other financial needs while continuing to reside in their beloved Yamhill County home.

Reverse Mortgage Loan Origination in Yamhill County

Reverse Mortgage Home Values in Yamhill County

Reverse Mortgage Interest Rates Yamhill County

There are approximately 142 active reverse mortgage loans in Yamhill County. The average interest rate in Yamhill County is 7.5% for reverse mortgages. The average maximum claim amount (the lesser of the appraisal or lending limit), among reverse mortgage borrowers, in Yamhill County was $561,363.64 in 2024.

Click here to get a Reverse Mortgage Quote in Yamhill County, Oregon »

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 Yamhill County, OR

With the average home value of $561,363.64, 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 Yamhill 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 Yamhill County

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