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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) |
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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 Nebraska: A Comprehensive Guide
If you’re a Nebraska 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 Nebraska, including key facts, the latest statistics, top lenders, and essential protections.
Latest Nebraska Reverse Mortgage Statistics
| State | Homeowners Age 62+ | Reverse Mortgages Closed Last 12 Months | Lenders in Nebraska | Avg. Home Value |
|---|---|---|---|---|
| Nebraska | 420,000 | 82 | 10 | $291,800 |
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).
Top Reverse Mortgage Lenders in Nebraska
| 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 |
Nebraska Reverse Mortgage Lending Limits (2026)
Nebraska is home to approximately 2.0 million residents as of 2026, with population centers concentrated around Omaha and Lincoln. An estimated 420,000 Nebraska homeowners are age 62 or older, placing the state well above average for reverse mortgage eligibility relative to its size.
With a strong homeownership rate near 69%, Nebraska has a large base of long-tenured homeowners who may benefit from using home equity as part of a retirement income strategy.
Nebraska Housing Market and Reverse Mortgage Eligibility
As of 2026, the average home value in Nebraska is approximately $291,800, which is well below the federal HECM lending limit. This allows most Nebraska homeowners to access the full benefits of an FHA-insured Home Equity Conversion Mortgage (HECM) without needing a proprietary product.
For higher-value homes, jumbo reverse mortgage programs are also available, offering additional borrowing capacity above FHA limits.
Nebraska Reverse Mortgage Market Snapshot (2026)
- Homeowners age 62+: 420,000
- Reverse mortgages closed (last 12 months): 82
- Active reverse mortgage lenders: 10
- Average home value: $291,800
This combination of moderate home values, high homeownership, and a growing retirement-age population makes Nebraska a practical and often overlooked market for reverse mortgages.
Key Cities and Economic Overview
Omaha, Nebraska’s largest city, has a population of approximately 467,000 and serves as the state’s primary economic hub. It is home to major employers including Berkshire Hathaway and Union Pacific, reinforcing long-term housing stability in the region.
Lincoln, the state capital, along with Bellevue, rounds out Nebraska’s major metro areas. The state’s economy remains diversified across agriculture, finance, insurance, and transportation, supporting steady homeownership and long-term equity growth.
Did you know? Nebraska 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.
Top Lender Resources in NE:
Reversemortgage.org NRMLA Members in Nebraska
HUD.GOV Approved Lenders Search
