Mankato Reverse Mortgage

Seniors 62 or older who need extra funds or simply interested in tapping into the equity in their home through a Minnesota reverse mortgage, will notice that fees in Mankato have dropped due to more and more banks competiting for their business. The closing cost of a Minnesota reverse mortgage has almost been cut in half. A reverse mortgage is a more common term for a Home Equity Conversion Mortgage (HECM). Here are a list of a few HECM lenders in the Blue Earth County area.


Mankato Reverse Mortgage Lenders

There are a number of factors that affect whether or not you qualify for a reverse mortgage in Mankato. If you have no equity, you may not be able to qualify for a HECM/reverse mortgage. Contact a professional to discuss your options.

Mankato, MN has an estimated population of 36316.

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1) Wells Fargo Home Mortgage
1600 E Madison Ave, #115, Mankato, MN
(507) 387-9243
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2) Primesource Funding
419 S Minnesota Ave, St Peter, MN
(507) 931-8160

National reverse mortgage companies such as Bank of America, Citi, Lending Tree, Wells Fargo and Wachovia are part of the mortgage network.