Important: Listings are compiled from publicly available sources and have not been independently verified by BeforeMortgageUSA.com. We do not endorse any broker or guarantee outcomes. Verify licensing and disciplinary status with the Minnesota before hiring.
Showing 20 reverse mortgage specialists in Maple Grove, MN
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
First Class Mortgage
12906 63rd Ave N, Maple Grove, MN 55369
7634166789
New American Funding - Maple Grove, MN
7835 Main St Suite 240, Building 11C, Maple Grove, MN 55369
6125786402
Summit Mortgage Corporation
13601 80th Cir N #300, Maple Grove, MN 55369
6122321872
Fairway Independent Mortgage Corporation
6901 E Fish Lake Rd Suite 160, Maple Grove, MN 55369
7633163100
Dan Bengtson, Lend Smart Mortgage Maple Grove
11332 86th Ave N, Maple Grove, MN 55369
6126163646
The Ruhland Team - LendSmart Mortgage
11332 86th Ave N, Maple Grove, MN 55369
6126186039
Mortgages Unlimited - Maple Grove - Corporate
7365 Kirkwood Ct #300, Maple Grove, MN 55369
7634162600
Troy Mlenar - Loan Officer
11310 86th Ave N, Maple Grove, MN 55369
6127204391
Brett Leschinsky at Resource Mortgage
7008 E Fish Lake Rd, Maple Grove, MN 55311
6125907896
New American Funding - Robin Ray
7835 Main St Suite 240, Maple Grove, MN 55369
8004502010
George Pegg | New American Funding, LLC | NMLS #1951478
7835 Main St Suite 240, Maple Grove, MN 55369
7636705580
B&C Home Loans
13700 83rd Way N ste 212, Maple Grove, MN 55369
6125481250
Alec Johnson at CrossCountry Mortgage
10402 73rd Ave N Suite 78, Maple Grove, MN 55369
9522000754
Blair Mathewson at Lower Mortgage
11310 86th Ave N, Maple Grove, MN 55369
7633007764
CrossCountry Mortgage, LLC Maple Grove
7008 E Fish Lake Rd, Maple Grove, MN 55311
7634439527
Results Home Mortgage
7373 Kirkwood Ct, Maple Grove, MN 55369
7632380330
Mortgage Capital of MN
9473 Garland Ln N, Maple Grove, MN 55311
7634200282
Lower Mortgage
11310 86th Ave N, Maple Grove, MN 55369
6127204391
Roger Ruhr | Fairway Independent Mortgage Corporation Loan Officer
11300 86th Ave N, Maple Grove, MN 55369
7633160251
Ryan Jorgensen | Fairway Independent Mortgage Corporation Loan Officer
11300 86th Ave N, Maple Grove, MN 55369
7633160254
What Does a Reverse Mortgage Specialist in Maple Grove Cost?
Typical costs for a reverse mortgage specialist in Minnesota include an origination fee of up to 2 percent of the home value, a mortgage insurance premium of 2 percent of the appraised value, and third-party fees for appraisal, title search, and recording. These costs often range from 2,000 to 8,000 dollars total, depending on the home value and loan type. Borrowers can finance these costs into the loan. This is general information and not mortgage or financial advice.
* Cost estimates are general ranges based on publicly available data and compiled using automated research tools. Actual fees vary by agent and case complexity. This is not mortgage or financial advice — consult directly with an agent for fee specifics.
Frequently Asked Questions
What are the age and property requirements for a reverse mortgage in Maple Grove?
You must be at least 62 years old and own your home outright or have a low mortgage balance. The property must be your primary residence and meet FHA standards. In Minnesota, condos and single-family homes are eligible.
How does Minnesota law affect reverse mortgage counseling?
Minnesota requires all borrowers to complete a counseling session with a HUD-approved counselor before applying. This session explains loan terms, costs, and alternatives. The counselor must be independent from the lender.
Can I lose my home with a reverse mortgage in Maple Grove?
You can lose your home if you do not pay property taxes, maintain insurance, or keep the home in good repair. Minnesota has a property tax deferral program for seniors that may help with tax payments. You must also continue to live in the home as your primary residence.