GreenPath Financial Wellness — a nonprofit approved by the U.S. Department of Housing and Urban Development (HUD) and the National Foundation for Credit Counseling — reviewed data from its reverse mortgage counseling clients over the past two years. It found that more older homeowners are turning to home equity to close widening monthly budget gaps.

In 2025, 21.1% of GreenPath’s reverse mortgage clients entered counseling with a deficit in their monthly budget, nearly double the 12.2% share in 2024, according to the organization’s internal client data. The average monthly shortfall also grew, from $1,498 in 2024 to details ⇒

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