Reverse Mortgages in Mountain Home – Keep Your Home, Access Your Equity

A reverse mortgage helps Mountain Home residents 62+ convert home equity into available funds while staying put. You choose how to receive proceeds and you won’t have a required monthly mortgage payment while you live in the home and meet program obligations. We explain every step—counseling, appraisal, underwriting, closing—so there are no surprises. If you’re comparing options for retirement income, home improvements, or a contingency fund, we’ll show HECM and proprietary programs side-by-side so you see the real numbers before deciding.

Why Local Homeowners Choose This Route

Remove a monthly mortgage payment to improve cash flow
Create a tax-free buffer for healthcare or unplanned expenses
Stay close to family and community without downsizing
Program protections and transparent disclosures

How the Process Works

Discovery & estimates
HUD counseling
Application & appraisal
Underwriting
Closing & funding

Typical timeline runs ~30–45 days depending on appraisal scheduling.

Full process walkthrough

HECM vs. Proprietary (Jumbo) in Mountain Home

HECM: FHA-insured, multiple payout options, non-recourse protection
Proprietary: Useful for higher-value properties; can allow larger proceeds
We’ll run both models using your age, appraised value, and current rates.

See which program yields more usable funds:

Start Comparison

Eligibility at a Glance

62+ (or lender minimum for proprietary)
Primary residence
Sufficient equity and ability to keep taxes/insurance current
HUD-approved counseling required before closing

See which program yields more usable funds:

Start Comparison

Line of Credit Strategy

A HECM line of credit grows on unused amounts—many Mountain Home retirees use it as a long-term safety net.

Frequently Asked Questions

Will this affect my Social Security?

Loan proceeds generally don’t count as taxable income; we can coordinate with your advisor.

Can I pay it down early?

Yes, voluntary payments are allowed without prepayment penalties.

What if I move later?

The loan is repaid when you sell or move; any remaining equity is yours.

Get Started

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