Reverse Mortgages Near You - Meridian 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 Meridian, Idaho.
Paul Anderson and Encompass Lending Group comprise one of Meridian’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 Meridian have doubled in less than six years, climbing to $502,349 although they have encountered a slight correction of 6.8% over the last 12 months* (https://www.zillow.com/home-values/46508/meridian-id/).
Already 1,963 residents in the Meridian area have purchased a reverse mortgage with 506 signing on in the last year*.
About Meridian, Idaho
Meridian is a rapidly growing city located in southwestern Idaho, with a population of over 100,000 residents. The city is conveniently located near Boise and several other major cities in the region, making it easily accessible from nearby areas.
One of the most popular attractions in Meridian is The Village at Meridian, a large outdoor shopping and entertainment center that features a variety of shops, restaurants, and a movie theater. Another must-see attraction is the Julius M. Kleiner Memorial Park, which offers a variety of recreational opportunities, including a splash pad, playground, and walking trails.
Meridian also boasts a thriving arts and cultural scene, with several museums, galleries, and theaters. The Meridian Symphony Orchestra is a popular cultural institution that features a range of classical and contemporary performances throughout the year. Other popular cultural attractions include the Meridian Idaho Temple, which is one of the largest temples of The Church of Jesus Christ of Latter-day Saints, and the Meridian Historical Museum, which showcases the city's rich history.
In addition to its attractions and cultural scene, Meridian is known for its beautiful outdoor spaces and natural beauty. The city is home to several parks and green spaces, including Settlers Park, which features a large playground, sports fields, and a fishing pond. The Boise River Greenbelt, a popular biking and hiking trail that runs through the heart of the city, provides stunning views of the Boise River and the surrounding landscape.
With its variety of attractions, cultural scene, and natural beauty, Meridian is a must-visit destination for anyone traveling to Idaho. Whether you're looking for shopping and entertainment, outdoor recreation, or cultural experiences, Meridian has something for everyone.
Contact your Meridian 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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