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 16 reverse mortgage specialists in Bloomington, 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.
Michael Houg - Minnesota Mortgage Lender
8120 Penn Ave S, Bloomington, MN 55431
6123107962
David Schissler at CrossCountry Mortgage
7760 France Ave S Suite #1010, Bloomington, MN 55435
9525672782
CrossCountry Mortgage, Justus Foss
7760 France Ave S Suite #1010, Bloomington, MN 55435
7013887913
Steve Furlong, Sr. Loan Officer, NMLS 275939, SWBC Mortgage
8201 Norman Center Dr Suite 420, Bloomington, MN 55437
9523146087
Matt Ripley at CrossCountry Mortgage
7760 France Ave S Suite #1010, Bloomington, MN 55435
9525672780
Aaron Abed at CrossCountry Mortgage
7760 France Ave S Suite #1010, Bloomington, MN 55435
6123866575
Ken Graczak - Mortgage Broker - NMLS 184394
8120 Penn Ave S #100C, Bloomington, MN 55431
6123248454
David Gibbs, NMLS: 1459772, PrimeLending
8201 Norman Center Dr Suite 230, Bloomington, MN 55437
6515296333
Shannon Roepke-Fairway Independent Mortgage Corporation
7900 International Dr Suite 655, Bloomington, MN 55425
7632210910
Mark Hesser at CrossCountry Mortgage
7760 France Ave S Suite #1010, Bloomington, MN 55435
8777731226
Dave Fox - The Mortgage Fox, MinnTrust Mortgage, LLC | Sr. Mortgage Loan Officer
8100 Penn Ave S #150h, Bloomington, MN 55431
6514703145
Paul Basil at CrossCountry Mortgage
7760 France Ave S Suite #1010, Bloomington, MN 55435
6125998334
MinnTrust Mortgage
8120 Penn Ave S Suite 445, Bloomington, MN 55431
9528843011
First Equity Mortgage
2626 E 82nd St #260, Bloomington, MN 55425
7632511979
CrossCountry Mortgage, LLC
7760 France Ave S Suite #1010, Bloomington, MN 55435
6122309147
Earl Rose at CrossCountry Mortgage
7760 France Ave S Suite 1010, Bloomington, MN 55435
9522136326
What Does a Reverse Mortgage Specialist in Bloomington Cost?
Typical costs for a reverse mortgage specialist in Bloomington Minnesota include an origination fee up to 2 percent of the home value and a mortgage insurance premium of 2 percent of the appraised value. Third party costs such as appraisal title insurance and recording fees range from 2000 to 5000 dollars. Minnesota law does not cap these fees. Costs vary by lender and loan amount. This is general information 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 eligibility requirements for a reverse mortgage in Bloomington Minnesota?
You must be at least 62 years old and own your home outright or have a low mortgage balance. The home must be your primary residence and meet FHA property standards. Minnesota does not have additional state specific eligibility rules beyond federal HUD requirements.
Is reverse mortgage counseling required in Minnesota?
Yes Minnesota law requires all reverse mortgage applicants to complete counseling with a HUD approved agency before submitting a loan application. The counselor explains loan terms costs and alternatives. This session must occur at least 30 days before closing.