Boise Reverse Mortgages

MLS 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
2/1/08 - 1/31/11	800
Total for BOISE: 800

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 February 1, 2001 and January 31, 2011. Data Source: HUD Neighborhood Watch

Reverse Mortgage Numbers Further Broken Down by MSA (Metropolitan Statistical Area)

Boise Total HOC HECM Originations (Past 3 Years)
MSA	HECM Loans Originated
Boise City \| Nampa	800
Coeur D'Alene	281
Twin Falls	187
Idaho Falls	155
Logan	87
Pocatello	81
Ontario	79
Lewiston	69
Blackfoot	48
Rexburg	45
Burley	35
Jackson, WY	25
Mountain Home	19
Moscow	10
Total for BOISE HOC: 2,134

HECM Loans Originated in HUD Office BOISE rolled up to the MSA level
Performance Period: Displaying HECM loans that were endorsed within the past 3 years
Data shown includes all cases with beginning endorsement date between February 01, 2008 and January 31, 2011

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: Reverse Mortgage Calculator | City of Boise | Boise Activities Senior Center