Japan Housing Finance Agency Q2 2025 results for reverse mortgage loans
- Adam German
- 18 hours ago
- 1 min read
On August 29th, the Japan Housing Finance Agency (JHF) released data for “Reverse 60,” a reverse mortgage-type loan program, covering the April to June 2025 period.
The scheme operates through participating private financial institutions, while the JHF provides insurance to guarantee the loans.
From the JHF’s standpoint, applications for guarantee approval totaled 328, a decrease of 15.9% compared with the same period last year.
Of these, 289 cases were approved, down 4.3% year-on-year.
The total guaranteed amount rose 9.5% to ¥5.07 billion. The number of participating financial institutions remained unchanged at 88.
Chart courtesy of the JHF press release linked at the bottom of this article. Translation by Patience Realty.
The average age of applicants was 69.8 years, with an average annual income of ¥3.94 million.
Pensioners accounted for 62.2% of applicants, followed by company employees at 18.0%, company executives at 4.9%, part-time workers at 4.9%, and self-employed individuals at 4.9%.
By intended use of funds, 33.8% were for custom-built homes, 23.5% for renovations, 18.3% for refinancing, 11.9% for new condominiums, and 7.9% for existing condominiums.
The average required funding was ¥29.97 million, with the average loan amount at ¥16.04 million. The average monthly repayment was ¥47,000.
All loans were structured as 100% non-recourse.
Further Reading:
JHF Reverse Mortgage Guarantee Report April to June 2025 (Japanese only)
Source:
R.E. Port News (Japanese only)
