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Reverse mortgage snapshot

Broward County, FL

Median home value
$414,600
Residents 65+
17.9%
Homeownership
63.6%
5-yr price change
+64.1%

The median home here is under HUD's $1,249,125 HECM lending limit for 2026, so most owners evaluate a standard FHA-insured HECM first. Every borrower on title must be 62 or older. Amounts are estimates, not an offer of credit.

Sources: US Census Bureau ACS 2024 5-year estimates; FHFA House Price Index. Data by Simply Approved Mortgages | NMLS #2620881 | Equal Housing Opportunity