Call Eva Cutler Today (208) 454-1155

Give us a call (888) 742-3439

Dream Home Request

Dream Home Request

Currently renting but looking to buy? Relocating from out of town? If you are looking for property and need some assistance, Covenant Reverse Mortgage, LLC can help. Use this FREE tool and let the experienced professionals at Covenant Reverse Mortgage, LLC help you find the home of your dreams!

Core Values: ✓ Honesty ✓ Professionalism ✓ Integrity ✓ Character ✓ Compassion

Licensing

NMLS#200821/#1824975
CA DBO License #60DBO 97824
ID License MBL #2081824975
MT License #1824975
OR License ML #5787
Equal Housing Lender

Contact Us

Covenant Reverse Mortgage, LLC
211 E Logan Street,
Suite B-3
Caldwell, ID 83605
Number:
Main: (208) 454-1155
Toll Free: (888) 742-3439
Hours:
MON-FRI 7AM - 4PM

More Links

This material is not from HUD or FHA and has not been approved by HUD or a government agency.
Naipc         NCPC            Senior Checked            ETHICS
When the loan is due and payable, some or all of the equity in the property that is the subject of the reverse mortgage no longer belongs to borrowers, who may need to sell the home or otherwise repay the loan with interest from other proceeds. The lender may charge an origination fee, mortgage insurance premium, closing costs and servicing fees (added to the balance of the loan). The balance of the loan grows over time and the lender charges interest on the balance. Borrowers are responsible for paying property taxes, homeowner’s insurance, maintenance, and related taxes (which may be substantial). We do not establish an escrow account for disbursements of these payments. A set-aside account can be set up to pay taxes and insurance and may be required in some cases. Borrowers must occupy home as their primary residence and pay for ongoing maintenance; otherwise the loan becomes due and payable. The loan also becomes due and payable (and the property may be subject to a tax lien, other encumbrance, or foreclosure) when the last borrower, or eligible non-borrowing surviving spouse, dies, sells the home, permanently moves out, defaults on taxes, insurance payments, or maintenance, or does not otherwise comply with the loan terms. Interest is not tax-deductible until the loan is partially or fully repaid.
NMLSConsumerAccess.org