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Find Reverse Mortgage Specialists in Buffalo, MN

Compare reverse mortgage specialists in Buffalo. Review contact information and insurance categorys before you decide.

3 agents listed
Updated May 2026
Buffalo, MN
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 3 reverse mortgage specialists in Buffalo, 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.
Midwest Mortgage Consultant
600 Soo Ln, Buffalo, MN 55313
7636825726
Riverstone Financial Group
201 5th St NE Suite #5, Buffalo, MN 55313
7636820011
Team USA Mortgage Buffalo- Frank Graham
517 32nd St SE, Buffalo, MN 55313
7632278013

A reverse mortgage specialist in Buffalo, Minnesota helps homeowners aged 62 and older convert part of their home equity into cash without selling the property. Minnesota law requires borrowers to complete HUD-approved counseling before obtaining a Home Equity Conversion Mortgage (HECM). The specialist guides clients through loan options, repayment terms, and the impact on estate planning and Minnesota property taxes.

What Does a Reverse Mortgage Specialist in Buffalo 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 such as appraisal and title search. Total closing costs often range from 2,000 to 6,000 dollars for a standard HECM loan. Costs vary based on loan amount, property value, and lender. 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 age requirements for a reverse mortgage in Buffalo Minnesota?
Borrowers must be at least 62 years old. The youngest borrower on the title must meet this age requirement. Minnesota law follows federal HECM rules for age eligibility.
Do I need counseling before getting a reverse mortgage in Minnesota?
Yes, Minnesota requires all reverse mortgage applicants to complete a counseling session with a HUD-approved counselor. The session reviews loan terms, costs, and alternatives. You receive a certificate that the lender must see before processing your loan.