Reverse Mortgage Lenders in Paulding County, Ohio – 2025
In 2024, there were 6 active reverse mortgage loans in Paulding County, Ohio. The average home value in Paulding County is $137,245.00.
Click here to get a reverse Mortgage Quote in Paulding 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 Paulding County
Paulding County is located in the state of Ohio and is known for its rural charm and close-knit community. While the exact population is not specified, the county offers a peaceful setting with a moderate climate, making it an attractive place to live for those seeking a quieter lifestyle. Historically, Paulding County played a significant role during the War of 1812, with the county being named after John Paulding, one of the captors of British spy John Andre. The average home value in Paulding County is $137,245, with an average property tax of $989.90 and an average interest rate of 4.33%. For seniors looking to leverage their home equity, a reverse mortgage could be a viable option. By tapping into the equity built up in their homes, seniors can access additional funds for retirement expenses or other financial needs, without having to make monthly mortgage payments. This can provide valuable financial flexibility for seniors in Paulding County looking to enhance their retirement years.
Reverse Mortgage Loan Origination in Paulding County
Reverse Mortgage Home Values in Paulding County
Reverse Mortgage Interest Rates Paulding County
There are approximately 6 active reverse mortgage loans in Paulding County. The average interest rate in Paulding County is 7.68% for reverse mortgages. The average maximum claim amount (the lesser of the appraisal or lending limit), among reverse mortgage borrowers, in Paulding County was $170,000.00 in 2024.
Click here to get a Reverse Mortgage Quote in Paulding 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.
Paulding County, OH Facts – As of 2025 | |
Average property value (estimated) | $170,000.00 |
Average property taxes | $989.90 |
Average reverse mortgage interest rate | 7.68% |
Area median income | $79,500.00 |
Data Source: FFIEC HMDA Data
Jumbo Reverse Mortgage in Paulding County, OH
With the average home value of $170,000.00, you may be wondering about the opportunities for jumbo loans.
HomeForLife | HECM | |
Traditional Reverse Mortgage | Yes | Yes |
Refinance Existing Reverse Mortgage with Another (HECM to HECM) |
Yes | Yes |
Purchase a Home with a Reverse Mortgage (HECM for Purchase) |
Yes | Yes |
Minimum Age for Eligibility in OH | 55 | 62 |
Get Your Quote → | Get Your Quote → |
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 Paulding 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 Paulding 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 »