In 2024, there were 252 active reverse mortgage loans in Lehigh County, Pennsylvania. The average home value in Lehigh County is $370,321.70.

Click here to get a reverse Mortgage Quote in Lehigh County, Pennsylvania

To avoid scams, make sure you are working with a licensed lender in Pennsylvania. South River Mortgage is a fully licensed lender in Pennsylvania. The PA 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 in PA, and our state license identifier is 94894.  We also maintain active approval with HUD/FHA.

Reverse Mortgage Loans in Lehigh County

Lehigh County is located in eastern Pennsylvania and is home to a population of around 370,321 residents. Known for its picturesque landscapes and charming small towns, the county offers a mix of urban and rural living. Lehigh County is also renowned for its strong historical roots, with landmarks such as the Lehigh Valley Heritage Center and the America on Wheels Museum showcasing its rich heritage. Aside from its cultural appeal, Lehigh County provides an attractive real estate market, with an average home value of $370,321.70 and an average property tax of $4,947.88. Seniors in the county may find reverse mortgages to be a valuable financial option, especially with the current average interest rate of 0.041%. Reverse mortgages can provide older homeowners with a source of income by converting a portion of their home equity into cash, allowing them to stay financially secure in their retirement years.

Reverse Mortgage Loan Origination in Lehigh County

Reverse Mortgage Home Values in Lehigh County

Reverse Mortgage Interest Rates Lehigh County

There are approximately 252 active reverse mortgage loans in Lehigh County. The average interest rate in Lehigh County is 7.7% for reverse mortgages. The average maximum claim amount (the lesser of the appraisal or lending limit), among reverse mortgage borrowers, in Lehigh County was $298,888.89 in 2024.

Click here to get a Reverse Mortgage Quote in Lehigh County, Pennsylvania »

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 Lehigh County, PA

With the average home value of $298,888.89, 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 Lehigh 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 Lehigh County

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