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Compare reverse mortgage specialists in Edina. Review contact information and insurance categorys before you decide.
14 agents listed
Updated May 2026
Edina, 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 14 reverse mortgage specialists in Edina, 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.
Rainbow Mortgage Inc.
7650 Edinborough Way Suite 100, Edina, MN 55435
9524052090
Allison Larson
4388 France Ave S Suite 250, Edina, MN 55410
6512800856
Results Home Mortgage
5201 Eden Ave #2b, Edina, MN 55436
6127437918
Carrie White Senior Mortgage Consultant
7601 France Ave S #170, Edina, MN 55435
6123069029
US Mortgage Investments
5201 Eden Ave Suite 300, Edina, MN 55436
6124993416
Supreme Lending - The Mortgage Dream Team
5151 Edina Industrial Blvd Suite 500, Edina, MN 55439
6123847818
Guild Mortgage - Kim Verros
4388 France Ave S Suite 250, Edina, MN 55410
6123868444
Fairway Independent Mortgage Corporation
4445 W 77th St #105, Edina, MN 55435
6124906444
Shari Larson Mortgages #341288
7777 Washington Ave S Suite 105, Edina, MN 55439
9522887310
Guild Mortgage - Vince Bradford
5780 Lincoln Dr #151, Edina, MN 55436
6513085988
MSP Mortgage
7401 Metro Blvd Suite 500, Edina, MN 55439
6126853722
Supreme Lending Mike Warren
5151 Edina Industrial Blvd Suite 500, Edina, MN 55439
6127302939
Tradition Mortgage, LLC.
7601 France Ave S #170, Edina, MN 55435
9529205100
Loan Factory | Chad McShane, NMLS 342881
5780 Lincoln Dr # 144, Edina, MN 55436
6126854572
Reverse mortgage specialists in Edina Minnesota help homeowners aged 62 and older convert home equity into cash without selling their property. Minnesota law requires borrowers to complete HUD-approved counseling before obtaining a Home Equity Conversion Mortgage (HECM). Specialists guide clients through the process of using proceeds for home repairs medical expenses or supplementing retirement income while ensuring compliance with state regulations.
What Does a Reverse Mortgage Specialist in Edina Cost?
Typical costs for a reverse mortgage specialist in Minnesota include an origination fee of up to 6000 dollars or 2 percent of the home value whichever is less. Other costs include an FHA mortgage insurance premium of 2 percent of the appraised value plus annual premiums of 0.5 percent. Third-party fees for appraisal title search and recording range from 500 to 1500 dollars. Counseling fees are capped at 125 dollars in Minnesota. 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 eligibility requirements for a reverse mortgage in Edina 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 law also requires you to attend a counseling session with a HUD-approved counselor before you can apply.
How does Minnesota law affect reverse mortgage proceeds?
Minnesota does not tax reverse mortgage proceeds as income. However the loan must be repaid when you move out sell the home or pass away. The state also requires lenders to clearly disclose all fees and terms in writing before closing.
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BeforeMortgageUSA.com is not a mortgage referral service, or financial advice provider. No broker-client relationship is formed by submitting a form or using this site. We do not endorse, recommend, or vouch for the qualifications of any broker. Past results do not guarantee future outcomes. Each case is different. Verify broker credentials with your state mortgage licensing authority before hiring.
About Our Listings
Brokers listed on BeforeMortgageUSA.com are compiled from publicly available directories, state mortgage licensing authority records, and business listings. Inclusion does not constitute endorsement. We do not verify broker licensing, disciplinary status, or qualifications. Verify each broker's current standing with the Minnesota.