LOCATION

Serving Boise, Treasure Valley & Idaho

EMAIL ADDRESS

reversemortgageboise.org

CONTACT

+1 (208) 409-3382

Reverse Mortgages in Garden City – A Practical Way to Use Home Equity

For Garden City homeowners, a reverse mortgage can be a practical, low-friction way to turn housing wealth into usable funds while staying close to the Boise River corridor and downtown amenities. You retain ownership, live in your home as your primary residence, and choose how funds are delivered. We’ll outline HECM protections, proprietary choices for higher-value homes, and the line of credit growth feature that makes the program uniquely powerful for retirees.

What Makes Garden City a Good Fit

  • Central location and diverse property types

  • Many homes with solid equity positions

  • Borrower protections under FHA-insured HECM

Simple, Transparent Process

We start with education and estimates, schedule counseling, complete application & appraisal, and handle underwriting through closing. You’ll get status updates the whole way. View the step-by-step.

Program Options You Can Compare

  • HECM: FHA-insured, multiple payouts (lump sum, monthly, line of credit)

  • Proprietary (Jumbo): Flexible lender guidelines for higher-value properties

    We provide side-by-side projections with net proceeds after estimated costs.

Eligibility Snapshot

  • 62+ (proprietary lenders may allow 60+)

  • Primary residence; stay current on taxes/insurance

  • Adequate equity

  • HUD-approved counseling required before closing

LOC Growth Advantage

The reverse mortgage line of credit grows over time on the unused portion—unique among home-equity tools.

Frequently Asked Questions

Do I still own my Do I have to draw funds right away?home?

No, you can set up a line of credit and draw only when needed.

What about condo units?

Many are eligible; we’ll confirm based on FHA or lender criteria.

Can my heirs be protected?

Yes—non-recourse rules limit repayment to the home’s value.

About


Serving Boise, The Treasure Valley and all of Idaho. We help our clients understand the benefits of Reverse Mortgage Loans and why it may be a useful tool in retirement.

Services

HECM

Proprietary Reverse Mortgage

Single-Purpose Revere Mortgage

Rates & Uses

Fund Retirement

Healthcare

Education

Long-Term Care

Contact

  • + 1 208 409-3382

  • Boise Metro, Idaho & The Treasure Valley

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