In 2024, there were 1106 active reverse mortgage loans in Boulder County, Colorado. The average home value in Boulder County is $869,843.67.

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

Boulder County, located in the state of Colorado, is known for its stunning natural beauty, vibrant communities, and progressive culture. The county has a population of approximately 330,758 residents and is famous for its outdoor recreational opportunities, including hiking, biking, and skiing in the nearby Rocky Mountains. Boulder County is also home to the city of Boulder, known for its innovative tech industry and the prestigious University of Colorado Boulder. Historically, Boulder County played a significant role in the Colorado Gold Rush of the mid-1800s, with several mining towns established in the area. Today, the county is recognized for its commitment to sustainability and environmental conservation. For seniors looking to tap into their home equity for financial needs, Boulder County’s average home value of $869,843.67, property tax of $4,522.72, and low average interest rate of 4.33% make it an attractive location for considering a reverse mortgage. Reverse mortgages can offer financial flexibility to seniors by allowing them to access their home equity while remaining in their homes.

Reverse Mortgage Loan Origination in Boulder County

Reverse Mortgage Home Values in Boulder County

Reverse Mortgage Interest Rates Boulder County

There are approximately 1106 active reverse mortgage loans in Boulder County. The average interest rate in Boulder County is 7.58% for reverse mortgages. The average maximum claim amount (the lesser of the appraisal or lending limit), among reverse mortgage borrowers, in Boulder County was $940,739.13 in 2024.

Click here to get a Reverse Mortgage Quote in Boulder 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 Boulder County, CO

With the average home value of $940,739.13, 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 Boulder 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 Boulder 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 »