Boise Reverse Mortgages

Boise, Idaho Reverse mortgage companiesMLS 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 PeriodHECM Loans Originated 
 2/1/08 – 1/31/11800
Total for BOISE: 800 

The above chart shows Idaho’s 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)
 MSAHECM Loans Originated 
 Boise City | Nampa800
 Coeur D’Alene281
 Twin Falls187
 Idaho Falls155
 Logan87
 Pocatello81
 Ontario79
 Lewiston69
 Blackfoot48
 Rexburg45
 Burley35
 Jackson, WY25
 Mountain Home19
 Moscow10
Total for BOISE HOC: 2,134 

Boise 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 Boise 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