Capital Home Mortgage Idaho

Idaho Reverse Mortgage Loans

Idaho Reverse Mortgage Lender

Idaho Reverse Mortgage loans financially assists homeowners ages 62 and older. It accomplishes this by converting part of their homes equity into cash or credit.  The Idaho Reverse Home Loan is also called a Home Equity Conversion Mortgage or HECM.  These loans have very little restrictions on how the proceeds can be used.  The advantages are being able to use the money for a new property, medical bills, travel or supplemental income as well as elimination of the month mortgage payment.

To be approved for an Idaho Reverse Mortgage, seniors are required to attend a counseling session assigned by the Department of Housing and Urban Development “HUD”.  This counseling covers how the loan works, the costs associated with setting up the reverse mortgage loan and the benefits that it provides.  The loan is adaptable for seniors who don’t want to continue a monthly mortgage payment or for seniors who want to continue to make payments.  Reverse Home Mortgages can be used for a purchase or a refinance with or without cash being taken out.

Why Idaho Borrowers Are Choosing Capital Home Mortgage
Close On Time

Control of the Loan from Application to Funding

Great Rates & Low Fees

Direct Lender Providing Competitive Rates and Low Fees

Exceptional Customer Service

7  Day a Week Support Application to Final Mortgage Payment

Idaho Mortgage Rates

Have you ever wondered why interests rates are what they are and what determines the final rate?  Why borrowers receive different interest rates? Or why rates go up and down?  Interest Rates are calculated using several factors.

  • Demand for the mortgage Securities
  • Property securing the mortgage
  • occupancy of the property
  • Loan to value of the property
  • Borrower’s credit worthiness

Idaho REverse Home Loans

Reverse Mortgage Loans offer seniors options to use their home’s equity for cash or to eliminate payments. Call today to get speak to a Reverse Loan Officer.

  • Purchase & Refinance
  • Primary Only
  • 62 Years or Older
  • Required Hud Counseling
  • Homeowners Insurance Required
  • Must Continue to Pay Taxes
  • Meet Required Equity Values

Idaho Mortgage Team

Dale Gremillion

Manager
NMLS 210325

Kathy Rubin

Sr Loan Officer
NMLS 204449

Conor Hayhurst

Manager
NMLS 743506

Damon Embler

Sr Loan Officer
NMLS 882260

Idaho Home Mortgage Reviews