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Find Reverse Mortgage Specialists in Burnsville, MN

Browse reverse mortgage specialists serving Burnsville, Minnesota. Contact information and addresses listed below.

8 agents listed
Updated May 2026
Burnsville, 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 8 reverse mortgage specialists in Burnsville, 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.
New American Funding Brian Sunder - Mortgage Consultant
14300 Nicollet Ct Ste 209, Burnsville, MN 55306
9527469779
Fairway Independent Mortgage Corporation - Andrea Rodriguez
13786 Frontier Ct #102-A, Burnsville, MN 55337
9528530222
Hudson Murphy (Luminate Bank)
14300 Nicollet Ct #300, Burnsville, MN 55306
6512762349
Cambria Mortgage
350 W Burnsville Pkwy Suite 100, Burnsville, MN 55337
9522301100
Fairway Independent Mortgage Corporation
13786 Frontier Ct # 102, Burnsville, MN 55337
9528530222
Mortgage Capital MN - Vince Hunt
12751 Co Rd 5 #186, Burnsville, MN 55337
6128251300
Mortgage Results Inc
150 E Travelers Trail STE A, Burnsville, MN 55337
9528955544
New American Funding - Burnsville, MN
14300 Nicollet Ct Ste 209, Burnsville, MN 55306
9522133167

Reverse mortgage specialists in Burnsville, Minnesota help homeowners aged 62 and older access home equity without monthly payments. Minnesota law requires borrowers to complete HUD-approved counseling before obtaining a Home Equity Conversion Mortgage (HECM). Specialists guide clients through the process, including property tax deferral options available in the state.

What Does a Reverse Mortgage Specialist in Burnsville Cost?

Typical costs for a reverse mortgage 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 2,500 to 7,000 dollars depending on the property value and lender. 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 does a reverse mortgage specialist in Burnsville do?
A reverse mortgage specialist helps homeowners understand HECM loans, determine eligibility, and navigate the application process. They coordinate with HUD-approved counselors and lenders to ensure compliance with Minnesota regulations.
Are there income or credit requirements for a reverse mortgage in Minnesota?
Lenders review financial history to ensure the borrower can pay property taxes and insurance. There is no minimum income requirement, but the borrower must demonstrate ability to maintain the home and meet ongoing obligations.
How long does it take to get a reverse mortgage in Burnsville?
The process typically takes 30 to 45 days from application to closing. This includes mandatory counseling, property appraisal, and lender underwriting. Minnesota law does not impose additional waiting periods beyond federal requirements.