Maryland Reverse Mortgage Lenders
Reverse Mortgage Product Options in Maryland
HomeForLife | HECM | |
Traditional Reverse Mortgage (Reverse Mortgage 101) |
Yes | Yes |
Refinance Existing Reverse Mortgage with Another (HECM to HECM) |
Yes | Yes |
Purchase a Home with a Reverse Mortgage (HECM for Purchase) |
Yes | Yes |
Minimum Age for Eligibility in MD | Not Available | 62 |
Get Your Quote → | Get Your Quote → |
Reverse Mortgage Interest Rates in Maryland
As of today, the 10-year CMT index is trading at 4.38%. Reverse mortgage interest rates adjust weekly on Tuesdays, so the next adjustment date will be Tuesday, April 22, 2025. (Updated 20 April 2025)
The projected index for next week is 4.38%, compared to this week’s index, which is 4.38%. This means that rates are projected to be between 6.13% and 6.88%.
Click to learn more about Reverse Mortgage Interest Rates (& how they affect you) →
Local Reverse Mortgage Lenders in Maryland
Although South River Mortgage originates loans all across the country, we do maintain a local presence in Maryland. We have a resident agent location at 1750 Forest Drive, Suite 195, Annapolis, MD 21401. Get Your Quote →
HUD also maintains a list of local lenders. Get Your Quote →
Reverse Mortgage Loan Origination Statistics in Maryland
We have pulled together a number of useful reverse mortgage loan statistics for MD. These loan origination statistics are put together below as a courtesy, and as such, we cannot make any guarantees about the accuracy of the information.
Note that this data was sourced from a proprietary data set, so it includes loans outside of the FHA HECM loans listed on the HECM Portfolio Snapshot.
Reverse Mortgages in Maryland
Download the dataset (anonymized) as a CSV file
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Average Reverse Mortgage Home Values in Maryland
Download the dataset (anonymized) as a CSV file
Reverse Mortgage Interest Rates in Maryland
Download the dataset (anonymized) as a CSV file
State Regulator & Licensing in Maryland
Make sure you are working with a licensed mortgage lender in Maryland. South River Mortgage maintains approval with Maryland and holds the Mortgage Lender License 1854524.
County-Specific Loan Information in Maryland
Maryland has 24, and each county has its own specifics. We have compiled county-by-county loan statistics and information, whether you are looking for a reverse mortgage or just curious about loan origination activity. Kindly note that this information is provided on a best-efforts basis – and while we do as much quality control work as possible – we make no guarantees to the accuracy of loan statistical information provided
Choose any county to learn more about reverse mortgages in that area:
- Allegany County
- Anne Arundel County
- Baltimore County
- Calvert County
- Caroline County
- Carroll County
- Cecil County
- Charles County
- Dorchester County
- Frederick County
- Garrett County
- Harford County
- Howard County
- Kent County
- Montgomery County
- Prince George’s County
- Queen Anne’s County
- St. Mary’s County
- Somerset County
- Talbot County
- Washington County
- Wicomico County
- Worcester County
- Baltimore city