Norwood 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 Norwood 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 Carver County area.

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Norwood Reverse Mortgage Lenders

There are a number of factors that affect whether or not you qualify for a reverse mortgage in Norwood. If you have an existing mortgage, you may not be able to qualify for a HECM/reverse mortgage. Contact a professional to discuss your options.



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1) Wells Fargo Home Mortgage
212 W Main St, Waconia, MN
(952) 442-3973

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