 |
Michael G. Branson, CEO of All Reverse Mortgage, Inc., and moderator of ARLO™, has 45 years of experience in the mortgage banking industry. He has devoted the past 20 years to reverse mortgages exclusively. (License: NMLS# 14040) |
 |
All Reverse Mortgage's editing process includes rigorous fact-checking led by industry experts to ensure all content is accurate and current. This article has been reviewed, edited, and fact-checked by Cliff Auerswald, President and co-creator of ARLO™. (License: NMLS# 14041) |
Michael G. Branson
Edited by 
Cliff Auerswald
Reverse Mortgages in Louisiana: A Comprehensive Guide
If you’re a Louisiana homeowner aged 62 or older, a reverse mortgage could be a valuable tool to help you unlock the equity in your home and improve your financial security during retirement. In this guide, we’ll cover everything you need to know about reverse mortgages in Louisiana, including key facts, the latest statistics, top lenders, and essential protections.
Top 20 Reverse Mortgage Lenders in Louisiana
| Lender | BBB Rating | Accredited | Years in Business | Customer Rating (0–5) | % Positive Reviews | Complaints | Source |
|---|---|---|---|---|---|---|---|
| American Pacific Mortgage | F | NO | 28 | 1.75/5 | 35.0% | 6 | Source |
| CrossCountry Mortgage, LLC. | F | YES | 22 | 1.43/5 | 29.0% | 303 | Source |
| Fairway Independent Mortgage | A+ | YES | 29 | 4.51/5 | 90.0% | 26 | Source |
| Finance of America Reverse LLC (FAR) | A+ | YES | 22 | 3.71/5 | 74.0% | 36 | Source |
| Goodlife Home Loans | A+ | YES | 13 | N/A (Not enough reviews) | N/A (Not enough reviews) | 1 | Source |
| Guaranteed Rate | A+ | YES | 26 | 2.25/5 | 450% | 45 | Source |
| Guild Mortgage Company LLC | A+ | NO | 65 | 1.55/5 | 31.0% | 73 | Source |
| HighTechLending Inc | A+ | YES | 19 | 4.94/5 | 99.0% | 1 | Source |
| Liberty Home Equity Solutions Inc. | A+ | NO | 22 | 1.00/5 | 20.0% | 1 | Source |
| Longbridge Financial LLC | A+ | YES | 13 | 3.77/5 | 75.0% | 34 | Source |
| Luminate Bank | NR | NO | 84 | NA | NA | NA | Source |
| MCM Holdings | A+ | YES | 27 | NA | NA | NA | Source |
| The Money House | NR | NO | 28 | NA | NA | 0 | Source |
| Movement Mortgage, LLC | A+ | NO | 18 | 4.43/5 | 89.0% | 92 | Source |
| Mutual of Omaha Mortgage | A+ | YES | 12 | 3.31/5 | 66.0% | 65 | Source |
| New American Funding | A+ | YES | 26 | 4.65/5 | 93.0% | 147 | Source |
| Plaza Home Mortgage Inc | A+ | YES | 24 | 2.67/5 | 53.0% | 6 | Source |
| Smartfi Home Loans | A+ | YES | 6 | N/A (Not enough reviews) | N/A (Not enough reviews) | 0 | Source |
| South River Mortgage, LLC | A+ | NO | 6 | 3.79/5 | 76.0% | 14 | Source |
Louisiana Reverse Mortgage Statistics (2026 Update)
| State | Homeowners Age 62+ | Reverse Mortgages Closed Last 12 Months | Lenders in Louisiana | Avg. Home Value |
|---|---|---|---|---|
| Louisiana | 850,000 | 170 | 19 | $253,100 |
How this data was derived: Reverse mortgage counts reflect FHA-insured HECM loans endorsed over a rolling 12-month period (Dec 2024–Nov 2025) using HUD HECM Snapshot data. Active lenders represent unique FHA sponsor numbers with at least one endorsed loan during this period. Estimated homeowners age 62+ are based on U.S. Census ACS 5-year owner-occupied households age 65+ as a conservative proxy. Home values are sourced from Zillow’s Home Value Index (latest available).
Louisiana Reverse Mortgage Lending Limits (2026)
Louisiana is home to approximately 4.6 million residents as of 2026. An estimated 850,000 homeowners are age 62 or older, representing a sizable population eligible for a reverse mortgage. With a statewide homeownership rate near 67%, Louisiana has a strong base of long-tenured homeowners who have built meaningful home equity over time.
According to recent data, Louisiana recorded 170 reverse mortgages closed in the last 12 months, supported by 19 active reverse mortgage lenders statewide.
Louisiana Housing Market and Reverse Mortgage Opportunities
The average home value in Louisiana is $253,100, well below the federal HECM lending limit of $1,249,125. As a result, many Louisiana homeowners can fully utilize the FHA-insured Home Equity Conversion Mortgage program without needing a jumbo reverse mortgage.
For homeowners with higher-value properties, proprietary jumbo reverse mortgage options remain available and can provide additional borrowing capacity beyond FHA limits.
Reverse mortgages in Louisiana are commonly used to:
- Eliminate existing mortgage payments
- Supplement retirement income
- Establish a growing line of credit
- Fund in-home care or aging-in-place needs
Major Cities and Economic Context
Louisiana’s largest city, New Orleans, is internationally recognized for its cultural heritage, tourism, and port activity. Founded in 1718, it remains a major economic driver along the Gulf Coast. Other key population and employment centers include Baton Rouge, Shreveport, and Lafayette.
The state’s economy is anchored by energy, petrochemicals, agriculture, shipping, healthcare, and film production, contributing to stable long-term housing demand across many regions.
Did you know? Louisiana does not mandate in-person counseling. Visit our counseling page for a list of phone-based counseling agencies and conduct your required counseling from the comfort of your home.
Additional Resources:
Reversemortgage.org NRMLA Members in Louisiana: https://www.reversemortgage.org/Find-a-Lender/state/LA
HUD.GOV Approved Lenders Search: https://www.hud.gov/program_offices/housing/sfh/lender/lenderlist
