In 2024, there were 27 active reverse mortgage loans in White County, Georgia. The average home value in White County is $542,212.44.

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

Located in the state of Georgia, White County is a charming area known for its picturesque landscapes and outdoor recreational opportunities. While the exact population is not listed, the county experiences a mild climate with warm summers and mild winters, making it a desirable place to live for those who enjoy the outdoors. White County is also known for its historical significance, with landmarks such as the Nacoochee Mound, a prehistoric Native American mound dating back to around 1000 AD. The average home value in White County is $542,212.44, with an average property tax of $1,704.22 and an average interest rate of 4.45%. For seniors looking to tap into their home equity, reverse mortgages can be a beneficial financial tool. By using the equity in their homes, seniors can supplement their retirement income without having to make monthly mortgage payments. This can provide financial flexibility and security for older homeowners in White County looking to enjoy their retirement years to the fullest.

Reverse Mortgage Loan Origination in White County

Reverse Mortgage Home Values in White County

Reverse Mortgage Interest Rates White County

There are approximately 27 active reverse mortgage loans in White County. The average interest rate in White County is 7.73% for reverse mortgages. The average maximum claim amount (the lesser of the appraisal or lending limit), among reverse mortgage borrowers, in White County was $227,000.00 in 2024.

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

With the average home value of $227,000.00, 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 White 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 White 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 »