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Minnesota Reverse Mortgage Directory
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About Reverse mortgages in MN
The reverse mortgage, often referred to as the Seniors Reverse Mortgageis a unique type of loan product that directly benefits seniors during their retirement years. The Minnesota Reverse Mortgage is growing in popularity, as is the reverse mortgage in general. Proof of this growing popularity can be found from the below numbers (as brought to you by NRMLA the National Reverse Mortgage Lenders Association.)
- 2005 - 48,493 homeowners took out a reverse mortgage
- 2006 - 86,639 homeowners took out a reverse mortgage
- 2007 - 132,252 homeowners took out a reverse mortgage
There are a variety of Minnesota reverse mortgages available. The most popular reverse mortgage in Minnesota is the HECM. HECM stands for Home Equity Conversion Mortgage, and is usually what homeowners decide on when they consider getting a Reverse Mortgage. Minnesota reverse mortgages are fairly easy to obtain.
MN Reverse Mortgage Requirements
- >>Borrowers must be Age 62 years or older
- >>Own their home and have enough equity in to qualify
- >>Occupy the home as primary residence
- >>Receive counseling by an approved HUD/FHA counselor
- >>The home must be in reasonably good repair
Senior Reverse Mortgage Online is a national provider of reverse mortgages. As a Reverse Mortgage Company, we can offer the Minnesota reverse mortgages in every city across the state. For additional information about Minnesota reverse mortgages you may visit the following links. You may also Contact a loan officer today to see if a reverse mortgage is right for you.
Minnesota Reverse Mortgage Resources
The following reverse mortgage brokers and lenders offer reverse mortgages and other loan solutions in the state of Minnesota. Please contact them for additional details and program offerings.
National Reverse Mortgages
MetLife Reverse Mortgage Specialist
Originally from the UK, Mark has lived here for 22 yrs now, and loves it. Mark is a New Jersey reverse mortgage broker, but is able to service all 50 states. He is also a proud member of the SLN (Senior Lending Network with Robert Wagner) and the NAIPC (National Aging In Place Council.) He provides an excellent level of service and is available to answer any reverse mortgage questions... Read More
Mark Draper - Reverse Mortgage Specialist
501 Route 22 West
Bridgewater, NJ 08807
Tel - 732-318-4162 | Toll-free - 800-607-0366
Email | Website
Minnesota Reverse Mortgage Lender
MidCountry Mortgage, a division of MidCountry Bank
Pete Gottschalk is a Minnesota Reverse Mortgage specialist solely devoted to Reverse Mortgages. With 12 years of experience and connections to some of the top Reverse Mortgage Lenders in the nation, you can be sure your mortgage will be handled with the utmost professionalism at a very competitive price.
Pete Gottschalk
MidCountry Mortgage, a division of MidCountry Bank
Toll Free: 1-866-515-5817
Email
| Website
Minnesota Reverse Mortgage Specialist
First Choice Mortgage
A reverse mortgage specialist with years of experience, Gary with First Choice Mortgage is ready to answer your questions. In fact, he built the website Home Pays Me as an informaional resource for web visitors like you. Contact Gary today for additional information.
Gary Zimmermann - First Choice Mortgage
17113 Minnetonka Blvd, Suite 209
Minnetonka, Minnesota 55343
Tel - 877.326.5626 | Fax - 262.522.0545
Email | Website
The Minnesota reverse mortgage specialists on this page are brokers and lenders that represent the following:
- Metlife reverse mortgages in Minnesota
- Bank of America reverse mortgages in Minnesota
- Wells Fargo reverse mortgages in Minnesota
Visit the links throughout this site for more information on Minnesota reverse mortgages.
Senior Reverse Mortgage Online is a national Reverse Mortgage Referral Service. We are currently accepting Minnesota reverse mortgage directory listings in our Reverse Mortgage Directory. If you are a reverse mortgage broker or reverse mortgage lender, please Contact Us for directory listing details and costs.
