Proprietary Reverse Mortgage

How Proprietary Reverse Works

A type of reserve mortgage loan that provides a larger loan amount to the borrower, however, this is a private loan, not federally insured, and not as tightly regulated as HECM.

A proprietary loan allows the senior homeowner to access the equity of their home through a private lender.

You can contact Boise Reverse Mortgage for any of your concerns/questions regarding this type of loan. We have several Mortgage Officers who can help you understand more about a reverse mortgage. They can give professional suggestions which will be right for your needs. Contact our office today for a quote or more questions.

What Makes Proprietary Reverse Mortgage Different

While you’re torn between these two options, they have huge differences where they can help you in making a decision. HECM allows the homeowners to borrow part of their home’s equity as well as a proprietary reverse mortgage.

Since HECM is overseen by the government it has tight regulations, which means that the amount of the loans have limits and you may encounter some additional guidelines to ensure that the borrowers are protected. While proprietary reverse mortgages offer more access to your home equity, the value of your home would be used and other factors can be used depending on your lender to determine the amount you can borrow.

Despite their differences, both of these have the same features that make them similar to each other, such as both of the proceeds can be used for anything and they provide more expensive home loans than a traditional ones.

Secure Retirement Funds

One of the greatest benefits of reverse mortgage is securing your retirement funds later in life.

Pay Healthcare & Medical Expenses

Helps you pay for your healthcare expenses and medical cost.

Maintain & Keep Your Home

The payouts can help you maintain and keep your house in a good condition.


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.


+1 208 409-3382

Boise Metro, Idaho & The Treasure Valley

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