In 2024, there were 72 active reverse mortgage loans in Northumberland County, Pennsylvania. The average home value in Northumberland County is $126,545.22.

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

Located in the state of Pennsylvania, Northumberland County is characterized by its picturesque landscapes and rich history. With a population of approximately 90,000 residents, the county offers a mix of small-town charm and natural beauty. Known for its historic sites such as the Joseph Priestley House and the Northumberland County Historical Society, the area attracts history enthusiasts and nature lovers alike. The average home value in Northumberland County is $126,545.22, with an average property tax of $2,183.74, and an average interest rate of 3.95%. For seniors looking to tap into their home equity, Northumberland County provides opportunities for reverse mortgages. This financial tool allows seniors to convert a portion of their home’s equity into cash, providing financial flexibility and stability during retirement. With attractive interest rates in the county, seniors can leverage their home value to supplement their income or fund important expenses. Reverse mortgages can be a valuable resource for older homeowners in Northumberland County looking to enhance their financial well-being in their golden years.

Reverse Mortgage Loan Origination in Northumberland County

Reverse Mortgage Home Values in Northumberland County

Reverse Mortgage Interest Rates Northumberland County

There are approximately 72 active reverse mortgage loans in Northumberland County. The average interest rate in Northumberland County is 7.33% for reverse mortgages. The average maximum claim amount (the lesser of the appraisal or lending limit), among reverse mortgage borrowers, in Northumberland County was $266,666.67 in 2024.

Click here to get a Reverse Mortgage Quote in Northumberland 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 Northumberland County, PA

With the average home value of $266,666.67, 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 Northumberland 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 Northumberland 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 »