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Georgia Reverse Mortgage Lenders

Georgia, known as the Peach State, is home to a number of large corporations such as Home Depot, UPS, Delta Airlines and SunTrust Banks. Reverse mortgages are especially popular choices in cities that include Atlanta, Columbus, Augusta, Macon, Savannah and Johns Creek due to the senior population who have issues with cashflow and have equity in their homes.

Reverse mortgage lenders have a huge presence within the state. Georgia is ranked 8th in population and has a huge amount of baby boomers and seniors whom the lenders are trying to educate on reverse mortgage home loans, also known as home equity conversion mortgages. Most of these folks are not eligible for a traditional mortgage because they lack income to qualify.

HECM Requirements

Proficio Mortgage Ventures, LLC
888-374-3313
NRMLA #19818
Advisors Mortgage Group, LLC
(800) 657-1080
NRMLA #18083
Equity Loans, LLC
877-255-3554 x200
NRMLA #12106
1st Financial Reverse Mortgages
800-720-7003
NRMLA #1352
Homeowners Reverse Mortgage Center a subsidiary of CoastalStates Bank
800-948-6205
NRMLA #19040
American Advisors Group (AAG)
800-736-6725
NRMLA #5197
FirstBank Mortgage Partners
800-736-6725
NRMLA #18602
Premier Reverse Mortgage, LLC
800-218-1419
NRMLA #18756
Liberty Home Equity Solutions, Inc.
800-218-1415
NRMLA #5771
All Reverse Mortgage Company
800-565-1722
NRMLA #4693



Most Loans By City in Georgia

Below are the most popular cities in the state of Georgia with the number of HECM reverse home loans originated since 2017. As you can see, it is no surprise that Atlanta tops the list. Not too far behind are Marietta, Savannah, Roswell and Lawrenceville. The average initial principal limit varies from city to city. This amount depends on the age of the borrower, property value and equity in the property. For instance, in Marietta, the average initial principal limit was $170,618 and in Woodstock, the average was $146,230 but over in Kennesaw, the average initial principal amount was $153,122.


Source: U.S. Department of Housing and Urban Development