In 2024, there were 10 active reverse mortgage loans in Emanuel County, Georgia. The average home value in Emanuel County is $143,598.60.

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

Located in the state of Georgia, Emanuel County is known for its rich history and charming small-town atmosphere. With a population of approximately 22,598 residents, the county offers a peaceful rural setting with a moderate climate characterized by mild winters and hot summers. Emanuel County is recognized for its agricultural heritage, particularly in cotton and pecan production, as well as its picturesque landscapes and friendly community. In terms of real estate, the average home value in Emanuel County is $143,598.6, with an average property tax of $1,659.411 and an average interest rate of 0.04155. For seniors looking to tap into their home equity, reverse mortgages can be a valuable financial tool. With a reverse mortgage, homeowners aged 62 and older can convert a portion of their home’s equity into cash without selling the property, providing them with added financial flexibility in retirement.

Reverse Mortgage Loan Origination in Emanuel County

Reverse Mortgage Home Values in Emanuel County

Reverse Mortgage Interest Rates Emanuel County

There are approximately 10 active reverse mortgage loans in Emanuel County. The average interest rate in Emanuel County is 8.15% for reverse mortgages. The average maximum claim amount (the lesser of the appraisal or lending limit), among reverse mortgage borrowers, in Emanuel County was $155,000.00 in 2024.

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

With the average home value of $155,000.00, 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 Emanuel 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 Emanuel 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 »