In 2024, there were 58 active reverse mortgage loans in Bartow County, Georgia. The average home value in Bartow County is $342,964.41.

Click here to get a reverse Mortgage Quote in Bartow County, Georgia

To avoid scams, make sure you are working with a licensed lender in Georgia. South River Mortgage is a fully licensed lender in Georgia. The GA 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/Registration in GA, and our state license identifier is 1854525.  We also maintain active approval with HUD/FHA.

Reverse Mortgage Loans in Bartow County

Bartow County, Georgia, is a vibrant area located in the north-central part of the state. With a population of approximately 107,738 residents, the county offers a mix of urban amenities and rural charm. Known for its diverse landscapes, Bartow County is home to picturesque mountains, serene lakes, and historic sites. Bartow County has a rich history dating back to the early 19th century, with notable landmarks such as the Etowah Indian Mounds and the Booth Western Art Museum. The average home value in Bartow County is $342,964.41, with an average property tax of $1,882.15 and an average interest rate of 4.29%. For seniors looking to leverage their home equity, Bartow County’s real estate market offers opportunities for reverse mortgages, allowing homeowners over 62 to access funds while remaining in their homes. This can be a beneficial financial option for seniors looking to supplement their retirement income or cover unexpected expenses.

Reverse Mortgage Loan Origination in Bartow County

Reverse Mortgage Home Values in Bartow County

Reverse Mortgage Interest Rates Bartow County

There are approximately 58 active reverse mortgage loans in Bartow County. The average interest rate in Bartow County is 7.47% for reverse mortgages. The average maximum claim amount (the lesser of the appraisal or lending limit), among reverse mortgage borrowers, in Bartow County was $326,250.00 in 2024.

Click here to get a Reverse Mortgage Quote in Bartow County, Georgia »

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 Bartow County, GA

With the average home value of $326,250.00, 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 Bartow 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 Bartow County

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