In 2024, there were 23 active reverse mortgage loans in Cassia County, Idaho. The average home value in Cassia County is $372,173.26.

Click here to get a reverse Mortgage Quote in Cassia County, Idaho

To avoid scams, make sure you are working with a licensed lender in Idaho. South River Mortgage is a fully licensed lender in Idaho. The ID state regulator requires mortgage lenders to be explicitly approved to make loans and hold a license. South River Mortgage proudly holds the in ID, and our state license identifier is .  We also maintain active approval with HUD/FHA.

Reverse Mortgage Loans in Cassia County

Cassia County, located in the state of Idaho, is a vibrant rural community known for its picturesque landscapes and friendly atmosphere. With a population of approximately 24,316 residents, Cassia County enjoys a moderate climate, characterized by warm summers and cold, snowy winters. The county is renowned for its agricultural industry, particularly in the production of potatoes and dairy products. Throughout its history, Cassia County has played a significant role in the development of the region, stemming from its roots as a farming community in the late 19th century. Today, the county continues to embrace its heritage while also welcoming new opportunities for growth and economic development. Seniors in Cassia County may find that a reverse mortgage can be a valuable financial tool to supplement retirement income or cover unexpected expenses. With an average home value of $372,173.26, an average property tax of $1,245.01, and an average interest rate of 4.40%, seniors can explore the option of a reverse mortgage to unlock the equity in their homes and enhance their financial well-being in retirement.

Reverse Mortgage Loan Origination in Cassia County

Reverse Mortgage Home Values in Cassia County

Reverse Mortgage Interest Rates Cassia County

There are approximately 23 active reverse mortgage loans in Cassia County. The average interest rate in Cassia County is 7.66% for reverse mortgages. The average maximum claim amount (the lesser of the appraisal or lending limit), among reverse mortgage borrowers, in Cassia County was $368,333.33 in 2024.

Click here to get a Reverse Mortgage Quote in Cassia County, Idaho »

Note that our loan origination data will not exactly match FHA’s HECM portfolio snapshot. This discrepancy occurs because FHA’s reports are limited to loans endorsed by FHA (i.e. HECMs only). We use a series of custom data criteria that make it possible to identify all reverse mortgages: HECMs, proprietary, and even single-purpose reverse mortgages.

Jumbo Reverse Mortgage in Cassia County, ID

With the average home value of $368,333.33, you may be wondering about the opportunities for jumbo loans.

The FHA has increased the HECM lending limit to $1,209,750 for 2025. If your property is valued above the HECM lending limit, you may be eligible for additional proceeds through the HomeForLife jumbo reverse mortgage.

Reverse Mortgage Refinance (HECM to HECM) in Cassia County

It might make sense to refinance your reverse mortgage. There are many situations where refinancing could be very beneficial to you:

• You want to get more cash out because your home value has increased substantially
• You want to pay less in interest by obtaining a lower interest rate
• You want to add a loved one to the reverse mortgage

As a bonus, South River Mortgage can sometimes provide multiple benefits at once, depending on the situation. There have been cases where we can help secure a lower interest rate and additional cash. In some cases, we have been able to do all three benefits: lower rate, more cash, and adding a son or daughter onto the mortgage.

South River Mortgage can help you refinance your reverse mortgage. Get a quote today »

Reverse for Purchase (HECM for Purchase) in Cassia County

You can now purchase a home with a reverse mortgage in {county}, ID. The reverse for purchase lets homebuyers purchase the home and get a reverse mortgage in a single transaction. The requirements for a reverse for purchase are very similar to the traditional reverse mortgage program.

Purchasing a home with a reverse mortgage has many benefits:

• No monthly mortgage payment (although you’d still be responsible for property taxes and homeowner’s insurance)
• The home being purchased would meet HUD’s property requirements or minimum property standards (this helps keep the home safe for occupants)

Learn what your down payment would be using our Reverse for Purchase calculator. Or, get pre-approved today »