St. George Retirees:
Your Desert Home Is Worth More Than You Think
Justin Bundy helps St. George and Southern Utah homeowners 62+ access home equity through FHA-insured reverse mortgages. Whether you've lived here for decades or recently relocated — your equity can fund your retirement.
Southern Utah's Retirement Boom
Why St. George Is One of Utah's Most Active Reverse Mortgage Markets
St. George and Washington County have become one of the fastest-growing retirement destinations in the United States. With warm weather, proximity to national parks, and a booming 55+ community landscape, Southern Utah is attracting retirees from across the country — many of whom arrive with significant equity from homes sold in higher-cost markets.
This creates two distinct reverse mortgage opportunities in St. George:
Long-Time St. George Homeowners
If you bought in Washington County before the 2015–2024 appreciation run, your home may have doubled or tripled in value. A reverse mortgage unlocks that equity without requiring you to sell or move.
Recent Retiree Relocators
Many retirees moving to St. George from Salt Lake City, California, or other states use the HECM for Purchase program to buy a new Southern Utah home with zero monthly mortgage payments.
55+ Community Buyers
St. George's active adult communities are among the most popular in Utah. HECM for Purchase is specifically designed for this scenario — purchase without monthly mortgage payments.
HECM for Purchase — St. George
Buy Your Southern Utah Retirement Home With No Monthly Mortgage Payment
The HECM for Purchase program is one of the most powerful — and least-known — tools for Utah retirees relocating to St. George. Here's how it works:
- You sell your current home (or use other assets) for the down payment
- A HECM loan covers the remainder of the purchase price
- You own the new St. George home with no required monthly mortgage payment
- You must be 62+, live in the home as your primary residence, and maintain taxes and insurance
St. George HECM for Purchase Example
A 70-year-old sells their Salt Lake City home for $550,000. They want to buy a $425,000 home in a St. George 55+ community. Using HECM for Purchase, they might contribute $170,000–$200,000 as a down payment and let the reverse mortgage cover the remainder — with zero monthly mortgage payments going forward. The exact split depends on age and current interest rates.
Washington County Service Area
St. George & Southern Utah Communities Served
Justin Bundy serves reverse mortgage clients throughout Washington County and the broader Southern Utah region.
St. George FAQ
Reverse Mortgage Questions — Southern Utah
Ready to Explore Your St. George Reverse Mortgage Options?
Justin Bundy provides free, no-pressure consultations for Southern Utah homeowners. Find out how much your Washington County home equity can provide.
Call 435-580-2300 justin@reversefreedom.com
