In 2024, there were 22 active reverse mortgage loans in Highland County, Ohio. The average home value in Highland County is $200,898.73.

Click here to get a reverse Mortgage Quote in Highland County, Ohio

To avoid scams, make sure you are working with a licensed lender in Ohio. South River Mortgage is a fully licensed lender in Ohio. The OH state regulator requires mortgage lenders to be explicitly approved to make loans and hold a license. South River Mortgage proudly holds the Residential Mortgage Lending Act Certificate of Registration in OH, and our state license identifier is RM.804642.001.  We also maintain active approval with HUD/FHA.

Reverse Mortgage Loans in Highland County

Highland County, Ohio, is a charming county located in the southwestern part of the state. With a population of approximately 43,839 residents, the area boasts a mix of rural landscapes and small-town charm. The county is known for its picturesque rolling hills, lush farmland, and friendly communities. Highland County has a rich history, with the birthplace of US President Ulysses S. Grant located in the town of Point Pleasant. The average home value in Highland County is $200,898.73, with property taxes averaging $1,856.02 per year. For seniors looking to supplement their retirement income, Highland County offers the option of utilizing a reverse mortgage. With an average interest rate of 4.27%, seniors can tap into the equity of their homes to access additional funds to support their financial needs during retirement. This can be a valuable option for seniors looking to enjoy their retirement years in Highland County.

Reverse Mortgage Loan Origination in Highland County

Reverse Mortgage Home Values in Highland County

Reverse Mortgage Interest Rates Highland County

There are approximately 22 active reverse mortgage loans in Highland County. The average interest rate in Highland County is 8.01% for reverse mortgages. The average maximum claim amount (the lesser of the appraisal or lending limit), among reverse mortgage borrowers, in Highland County was $210,000.00 in 2024.

Click here to get a Reverse Mortgage Quote in Highland County, Ohio »

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 Highland County, OH

With the average home value of $210,000.00, 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 Highland 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 Highland County

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