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Why contact us? Washington State Earthquake & Flood Insurance, has been providing policies in its nearby cities and all around the area. We work with multiple insurance carriers to ensure you are getting the right and the best policy possible!
Phone
Our office hours between 9AM to 5PM.
Call us for a quick service.
For general inquiries & questions,
contact us via email
Address
7515 Lake City Way NE, Suite 100
Seattle, WA 98115
News & Blogs
Reverse Mortgage for Condos Boise | What to Know
Many Treasure Valley condos qualify for HECM if the project meets approval criteria. If not, some proprietary reverse mortgages may still be options. Documentation and early verification are key.
Approval Basics
Project approval (FHA list or spot approval routes where applicable).
Budget/insurance requirements; owner-occupancy ratios.
HOA cooperation for documents.
If Your Condo Isn’t Approved
Explore proprietary reverse options (jumbo/private).
Consider spot/project approval paths when available.
Review alternatives with a clear cost/benefit comparison.
Documents to Gather Early
HOA budget, insurance, bylaws/CC&Rs, litigation status.
Condo questionnaire; master policy details.
Timeline & Expectations
Allow time for HOA coordination and lender review.
Appraisal must support value and marketability.
Responsible Next Steps
Verify project status before counseling.
Get a written scenario comparison (HECM vs proprietary) with net proceeds.
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