Reverse Mortgages Near You - Eagle Reverse Mortgage Lender
Meet Paul Anderson
Paul Anderson
Area Manager and Senior Loan Officer
NMLS #182954 | AZ MLO 1035065
(208) 794-2830
Get the best reverse mortgage deals in Eagle, Idaho.
Paul Anderson and Encompass Lending Group comprise one of Eagle’s top teams if you’re curious as to how a reverse mortgage might help you – from Eagle to Meridian and Nampa and anywhere in Ada County.
Paul gained his passion for the real estate and mortgage industry helping out his Dad as an eight-year-old and he still loves each and every day of his chosen career.
“We are able to attract and retain the highest quality people which means your loan will always be in good hands,” Paul says.
“Our culture provides the framework for every decision we make, ensuring your dreams remain our highest priority.”
Paul is proficient with all types of loans but directs much of his time to helping Idaho’s retirees refinance with reverse mortgages.
He has a real passion for advising and educating people about their benefits.
“In a world of online experts and push-button mortgages, I believe the human connection still matters,” Paul says.
“There is never a one-size-fits-all solution when it comes to making one of the biggest financial commitments of your life.
“My team and I will listen so we can provide you with individualized mortgage solutions based on your unique circumstances and goals.”
Paul was born and raised in Boise and has lived in Eagle since 2011.
Let Paul’s passion make your retirement dreams become a reality - he won’t let you down.
“I pledge to handle every facet of your transaction with professionalism, dedication and personalized care. It’s my goal that you are 100% satisfied throughout the entire transaction.”
What is a reverse mortgage?
A reverse mortgage is a wonderful tool for retirees who have equity in their homes but are struggling with rising prices and day to day living expenses.
As long as you are at least 62 years of age, you can apply for this mortgage which gives homeowners access to their equity and the ability to transform it into a potentially life-changing income stream.
This allows them to remain in their family homes, rather than entertain the distasteful notion of having to sell up and downsize, just to see out their retirement.
They can then enjoy their sunset years without the stress of moving or having to count every penny.
Funds can be made available in a number different ways including a line of credit, monthly installments, a lump sum or even a combination of all three.
As long as the terms of the loan are met, it does not require repayment until either the homeowner sells or the last surviving borrower passes away.
It’s a really smart way homeowners can set themselves up for a very comfortable retirement.
House prices in Eagle have doubled in less than six years, climbing to $788,442 although they have encountered a slight correction of 8.5% over the last 12 months* (https://www.zillow.com/home-values/24464/eagle-id/).
Already 1,635 residents in the Eagle area have purchased a reverse mortgage with 541 signing on in the last year*.
About Eagle, Idaho
Eagle is a charming city located in southwestern Idaho, with a population of over 29,000 residents. The city is known for its small-town feel, beautiful scenery, and thriving local businesses.
One of the most popular attractions in Eagle is the Eagle Island State Park, a 545-acre park that features a variety of recreational opportunities, including swimming, boating, fishing, and hiking. Another must-see attraction is the Idaho Botanical Garden, which showcases a variety of plants and flowers from around the world and hosts a range of events and concerts throughout the year.
Eagle also boasts a thriving downtown area, which features a variety of locally-owned shops, restaurants, and art galleries. The Eagle Arts Commission hosts a variety of events and programs throughout the year, including art exhibits, concerts, and festivals, that showcase the city's vibrant arts and cultural scene.
In addition to its attractions and local businesses, Eagle is known for its beautiful natural scenery and outdoor spaces. The Boise River runs through the heart of the city, providing stunning views and opportunities for fishing and water recreation. The Eagle Foothills and the Boise National Forest are also popular outdoor destinations for hiking, camping, and wildlife viewing.
With its small-town charm, thriving local businesses, and beautiful natural scenery, Eagle is a must-visit destination for anyone traveling to Idaho. Whether you're interested in outdoor recreation, arts and culture, or local shopping and dining, Eagle has something for everyone.
Contact your Eagle reverse mortgage lender today.
Paul and his Encompass Lending Group team are standing by to answer any and all of your questions about reverse mortgages.
If you think he can be of assistance, please call him at (208) 794-2830 and he will be only too happy to assist you.
*As of April 2023
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