Homeowners 62+ in Utah, Idaho and the West: get a rough reverse mortgage estimate
Clear Reverse helps homeowners 62 and older in Utah, Idaho and nearby Western states get a rough reverse mortgage estimate in 30 seconds and read our HECM guides. We are not a lender or broker. The estimate is an illustration, not a loan offer: only a licensed lender can quote real figures, after HUD-approved counseling.
- No obligation and no pressure. You decide.
- Honest about costs and what you must keep paying
- No sign-up needed for the estimate or the guides
- We explain the HUD-approved counseling every HECM requires
Or try the estimate calculator. No sign-up needed.
Clear Reverse is not a lender and is not affiliated with HUD, FHA, or any government agency.
Last updated · By the Clear Reverse editorial team
Reverse Mortgage (HECM) Estimator
- Clear Reverse focuses on homeowners 62+ in Utah, Idaho and nearby Western states (Nevada, Oregon, Washington, Montana, Wyoming, Colorado and Arizona).
- The most common reverse mortgage is the FHA-insured HECM, only for homeowners 62 and older. Interest and fees are added each month, so the balance grows (CFPB).
- You must keep living in the home and keep paying property taxes, insurance and upkeep. HUD-approved counseling is required before you apply (HUD).
- State rules differ. Idaho, Oregon and Colorado senior property tax deferral programs generally don't allow a reverse mortgage on the home, and federal HECM rules generally bar joining a property tax deferral program (24 CFR 206.27(b)(3)). See reverse mortgage rules in Utah, Idaho and nearby states.
How it works
1. Learn & estimate
Use the estimator and read how a reverse mortgage works. Bringing family into the conversation often helps.
2. HUD counseling
Federal rules require a session with an independent, HUD-approved counselor before you can apply. What to expect.
3. Compare licensed lenders
If it still makes sense, ask two or three FHA-approved lenders for written figures. You can find them with HUD's Lender List Search.
What do you still pay and do with a reverse mortgage?
You keep paying property taxes, homeowners insurance, HOA dues and upkeep, and you must keep living in the home, while interest and mortgage insurance make the balance grow.
Ongoing costs
You must keep paying property taxes, homeowners insurance, HOA dues, and maintenance. If you don't, the loan can become due, and that can lead to foreclosure.
The balance grows
Interest and mortgage insurance are added to the loan over time, so your equity usually shrinks. See all costs.
You must live there
The home must stay your primary residence. The loan is typically repaid when the last borrower sells, moves out for good, or passes away.
See a rough estimate for your home
Rough range only, not a loan offer or pre-qualification. No sign-up, no credit check.
Try the estimate calculatorReverse mortgage guides
How much can I get from a reverse mortgage?
The amount mainly depends on the youngest borrower's age, expected interest rates, and your home value (counted only up to $1,249,125, valid through Dec 31, 2026).
Read the guide →Reverse mortgage calculator (rough HECM estimate)
Enter the youngest owner's age, your home value, and your mortgage balance.
Read the guide →Reverse mortgage pros and cons
Pros: no required monthly mortgage payment, flexible payout options, a line of credit that can grow, and FHA non-recourse protection.
Read the guide →Reverse mortgage requirements (HECM eligibility)
The youngest borrower must be 62 or older, and the home must be your primary residence.
Read the guide →HECM for Purchase: buying a home with a reverse mortgage
Buyers 62+ combine a down payment with HECM proceeds to buy a new primary residence in one closing.
Read the guide →Reverse mortgage vs. HELOC (and other options)
A HELOC requires monthly payments and can be frozen or reduced. A HECM line of credit requires no monthly mortgage payment, and its unused portion grows.
Read the guide →Get the Clear Reverse Guide to Reverse Mortgages
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We never ask for your Social Security number or bank details.
Common questions
Who is eligible for a HECM reverse mortgage?
Generally, the youngest borrower must be 62 or older, the home must be your primary residence, you need significant equity, and the property must be an eligible type. Lenders run a financial assessment, and HUD-approved counseling is required.
Can I lose my home with a reverse mortgage?
Yes, it can happen. The loan can become due if you stop living in the home as your primary residence, don't pay property taxes or insurance, or don't maintain the property.
What happens to my heirs?
When the loan comes due, heirs can repay it (often by selling or refinancing) and keep any remaining equity. HECMs are non-recourse, so heirs won't owe more than the home is worth when it is sold.
Is Clear Reverse a lender?
No. We are an education and marketing service. We are not a lender or broker, and we are not affiliated with HUD, FHA, or any government agency. Right now we only email our free guide; we don't share your information with any lender.
How accurate is the estimator?
It's a rough illustration that uses approximate factors and simplified cost assumptions. Only a licensed lender can provide actual figures, after counseling and an appraisal.
Do you cover my state?
Our guides are written for homeowners in Utah, Idaho and nearby Western states (Nevada, Oregon, Washington, Montana, Wyoming, Colorado and Arizona), and the federal HECM rules they explain apply in every state. Right now we only email our free guide; we don't share anyone's information with a lender in any state. State property tax and counseling rules differ, so check them with a HUD-approved counselor.
Have a question?
Email us about anything in our guides. We can't give advice about your own loan, but we'll point you to the right page or to a HUD-approved counselor.
Have a question? Email usSources
- CFPB: What is a reverse mortgage? (last reviewed by CFPB Aug 28, 2026; accessed Oct 30, 2026)
- HUD: HECM program page (maximum claim amount table) (lists the 2026 limit of $1,249,125, valid through Dec 31, 2026; accessed Oct 30, 2026)
- HUD Mortgagee Letter 2025-22 (2026 HECM limit) (dated Dec 11, 2025; limit applies to FHA case numbers assigned Jan 1 through Dec 31, 2026; accessed Oct 30, 2026)
- HUD: Find a HUD-approved housing counselor (accessed Oct 30, 2026)
- HUD Lender List Search (accessed Oct 30, 2026)
- 24 CFR 206.27(b)(3) (property tax deferral), eCFR (current text accessed Oct 31, 2026)
- Idaho State Tax Commission: Property Tax Deferral (EBR00067) (dated Oct 3, 2025; accessed Oct 30, 2026)
- ORS 311.700 (Oregon Legislature) (accessed Oct 30, 2026)
- Colorado State Treasury: Property Tax Deferral Program FAQ (accessed Oct 30, 2026)
- CFPB: Reverse mortgages (consumer tools) (accessed Oct 30, 2026)
Program rules change, so confirm details with a HUD-approved counselor and a licensed lender.