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

My wife Christy and I refinanced with Mortgages Unlimited today and just want to tell you what a great job the loan officer did in explaining the r...

— Eric and Christy M. Maple Grove, 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

The loan officers at Mortgages Unlimited establish a relationship and rapport with each client based on trust, integrity and honesty. They never pr...

— Real estate agent, Eden Prairie, 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

I couldn't express enough how wonderful of an experience my husband and I had with Mortgages Unlimited. This was our last cry for help after we had...

— Brian and Amy M. Woodbury, 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).