In 2024, there were 1166 active reverse mortgage loans in Douglas County, Colorado. The average home value in Douglas County is $755,430.83.

Click here to get a reverse Mortgage Quote in Douglas County, Colorado

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

Reverse Mortgage Loans in Douglas County

Douglas County, Colorado is located in the central part of the state and is known for its picturesque landscapes and outdoor recreational opportunities. With a population of approximately 362,954 residents, the county offers a mix of suburban and rural living within close proximity to the bustling city of Denver. The area is renowned for its high quality of life, top-rated schools, and thriving economy. One interesting historical note about Douglas County is its rich mining history, with remnants of old mining towns and ghost towns still visible in certain parts of the county. For seniors looking to tap into the equity of their homes, Douglas County’s average home value of $755,430.83, average property tax of $4,260.94, and average interest rate of 0.0405 make it an attractive location for exploring options like reverse mortgages. Reverse mortgages can provide seniors with financial flexibility by allowing them to access their home equity while still being able to live in and own their home.

Reverse Mortgage Loan Origination in Douglas County

Reverse Mortgage Home Values in Douglas County

Reverse Mortgage Interest Rates Douglas County

There are approximately 1166 active reverse mortgage loans in Douglas County. The average interest rate in Douglas County is 7.33% for reverse mortgages. The average maximum claim amount (the lesser of the appraisal or lending limit), among reverse mortgage borrowers, in Douglas County was $757,820.51 in 2024.

Click here to get a Reverse Mortgage Quote in Douglas County, Colorado »

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 Douglas County, CO

With the average home value of $757,820.51, 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 Douglas 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 Douglas County

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