What is a reverse mortgage? And, how much does it cost? More and more people are taking advantage of reverse mortgages to remain in their homes and to pay off debts. A reverse mortgage is a loan that lets you borrow against your home, and does not have to be paid back for as long as you live at the location. You must be at least 62 years of age and you must own your home. Many of the same costs associated with a regular mortgage apply to reverse mortgage. Many of the fees are capped so that you incur as little fee as possible. Idaho is known as the "Gem State" because of its abundance of natural resources. For those who wish to retire at this beautiful state of Idaho reverse mortgages could be a great choice for financial security!
Hello, my name is Kenneth Dunn and I am the Branch Owner for Mortgage West on Main St in Meridian Id. I consider myself an expert in FHA loans, Purchase or Refinance. Call me and I will personaly see that you get the loan that best fits your needs. Thank you,Kenneth Dunn