In 2024, there were 61 active reverse mortgage loans in Robertson County, Tennessee. The average home value in Robertson County is $377,346.80.

Click here to get a reverse Mortgage Quote in Robertson County, Tennessee

To avoid scams, make sure you are working with a licensed lender in Tennessee. South River Mortgage is a fully licensed lender in Tennessee. The TN state regulator requires mortgage lenders to be explicitly approved to make loans and hold a license. South River Mortgage proudly holds the Mortgage License in TN, and our state license identifier is 1854525.  We also maintain active approval with HUD/FHA.

Reverse Mortgage Loans in Robertson County

Robertson County, Tennessee, located in the central region of the state, is home to a population of approximately 72,728 residents. Known for its picturesque landscapes and charming small towns, Robertson County offers a mix of rural beauty and modern amenities. The county boasts a rich history dating back to the Civil War era, with several historical sites and landmarks to explore, such as the Historic Bell Witch Cave and the White House Inn Museum. The average home value in Robertson County is $377,346.80, with an average property tax of $1,452.21 and an average interest rate of 4.73%. For seniors looking to tap into their home equity, a reverse mortgage can be a valuable financial tool. With the average home value in Robertson County, seniors may consider leveraging their home equity through a reverse mortgage to supplement their retirement income. By accessing their home’s equity without monthly mortgage payments, seniors can enjoy financial flexibility and peace of mind in their retirement years.

Reverse Mortgage Loan Origination in Robertson County

Reverse Mortgage Home Values in Robertson County

Reverse Mortgage Interest Rates Robertson County

There are approximately 61 active reverse mortgage loans in Robertson County. The average interest rate in Robertson County is 7.71% for reverse mortgages. The average maximum claim amount (the lesser of the appraisal or lending limit), among reverse mortgage borrowers, in Robertson County was $334,230.77 in 2024.

Click here to get a Reverse Mortgage Quote in Robertson County, Tennessee »

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 Robertson County, TN

With the average home value of $334,230.77, 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 Robertson 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 Robertson County

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