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Boise Reverse Mortgages

Boise, IDMLS Reverse Mortgage is a Boise reverse mortgage lender offering the HECM (Home Equity Conversion Mortgage) Program. The HECM is the most popular reverse loan program in Boise, Idaho. With a HECM reverse mortgage, you have several options to choose from including fixed rates, adjustable rates and purchase reverse mortgages.

FHA Reverse Mortgages in Boise, Idaho

Boise is really seeing a benefit due to the Government's passing of the American Recovery and Reinvestment Act of 2009, which increased the national reverse mortgage lending limit to $625,500. What that means to seniors looking to get a Boise reverse mortgage is an increase in the total benefit available to them.

For comprehensive Boise reverse mortgage information, please see the links to the left and above. If you would like someone to contact you, please fill out the form to the right.


Boise Reverse Mortgage Numbers

Boise HECM Originations (Past 3 Years)
Endorsement Period   HECM Loans Originated
12/1/05 - 11/30/08
1,996
Total for BOISE: 1,996

The above chart shows HECM Loans Originated in the HUD BOISE, IDAHO HUD Field Office. Performance Period: Displaying HECM loans that were endorsed within the past 3 years. Data shown includes all cases with beginning endorsement date between December 01, 2005 and November 30, 2008. Data Source: HUD Neighborhood Watch

Considering a Non-FHA Reverse Mortgage?

Due to the current housing market conditions, we are not able to offer a Boise Jumbo reverse mortgage. Keep checking back periodically, as it is our belief that the jumbo, non-fha, proprietary reverse mortgage market will be returning soon.

Boise Idaho Links of Interest: City of Boise | Boise Activities Senior Center
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