In 2024, there were 111 active reverse mortgage loans in Clayton County, Georgia. The average home value in Clayton County is $251,147.27.

Click here to get a reverse Mortgage Quote in Clayton 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 Clayton County

Clayton County, Georgia, located in the southeastern part of the state, has a population of approximately 292,256 residents. Known for its rich history and diverse communities, Clayton County boasts a mix of urban and suburban landscapes, providing residents with a range of amenities and opportunities. The county experiences a mild climate with hot summers and mild winters, making it an attractive destination for those seeking a balance between city life and nature. With an average home value of $251,147.27 and average property tax of $1,683.92, Clayton County offers affordable housing options compared to surrounding areas. For seniors looking to leverage their home equity, reverse mortgages can be a viable financial solution. With an average interest rate of 0.055%, seniors in Clayton County can explore the option of reverse mortgages to tap into their home’s value while still retaining ownership, providing financial flexibility and stability in retirement years.

Reverse Mortgage Loan Origination in Clayton County

Reverse Mortgage Home Values in Clayton County

Reverse Mortgage Interest Rates Clayton County

There are approximately 111 active reverse mortgage loans in Clayton County. The average interest rate in Clayton County is 7.42% for reverse mortgages. The average maximum claim amount (the lesser of the appraisal or lending limit), among reverse mortgage borrowers, in Clayton County was $245,925.93 in 2024.

Click here to get a Reverse Mortgage Quote in Clayton 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 Clayton County, GA

With the average home value of $245,925.93, 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 Clayton 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 Clayton 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 »