Reverse Mortgages

If you have a reverse mortgage, instead of you paying for your home, your home pays you. You may choose to receive either a lump sum of cash or a credit line for a pre-determined period of time. Eligible borrowers must be 62 years of age or older and have equity in their primary residences.

The borrower is still responsible for property taxes and insurance, but a reverse mortgage is an excellent way for seniors who own their home (or have very little mortgage balance) to borrow money.

Contact our reverse mortgage specialist for details: Mike Kraus at 763-355-8540.


Contact Mortgages Unlimited for expert help in finding the right mortgage program for you.

 

Client Testimonials

Thank you for your extraordinary efforts to get us a home loan with a great rate. We’re fortunate to have found you and the Mortgages Unlimited t...

— Neil and Chris S., Andover, Minnesota

I just wanted to drop you a note and thank you and your team for guiding myself & my son Kevin through Kevin’s first home purchase. I realize...

— Paul and Laurie H. Maple Grove, MN

Both Realtor & Builder were amazed at how well the closing went. They'd never been to a closing that went so smooth and so fast....

— Becky B. Becker, MN

Thanks for all your help with our mortgage - we really appreciate it. We will definitely be referring our friends....

— Ryan M & Allison S. Waconia, MN

Thank you for getting the refinance done so quickly for us! We are so incredibly impressed with your company, we’re shouting the “Mortgages Unl...

— Nicki M. St. Louis Park, MN

Awards & Affiliations

award6.pngaward1.pngaward4.png cdn.aspx.pngaward2.pngaward5.pngaward7.png

7365 Kirkwood Court N, Ste 300 Maple Grove, MN 55369
NMLS Lic #225504

P: 763.416.2600

F: 612.466.3164

Mortgages Unlimited, 7365 Kirkwood Court N, Ste 300, Maple Grove, MN 55369. NMLS Lic #225504 Copyright ©2017. All Rights Reserved. This is not an offer to enter into an agreement. Not all customers will qualify. Information, rates, and programs are subject to change without prior notice. All products are subject to credit and property approval. Not all products are available in all states or for all dollar amounts. Other restrictions and Limitations apply. Mortgages Unlimited is required to disclose the following license information: Minnesota: NMLS Lic #225504. Any such offer may only be made in accordance with the requirements of Minn. Stat. Section 47.206 (3) and (4).