1-866-840-0279
Minnesota Reverse Mortgages
A reverse mortgage may be leveraged as a home equity tool to live more comfortably in Minnesota.
Select State:
MinnesotaUse the interactive map or the state selector to find more reverse mortgage information about your state.
Minnesota Reverse Mortgage Process
GoodLife is an experienced reverse mortgage company lending in Minnesota, and we’re committed to helping our customers achieve financial freedom so they can live better in retirement. Our reverse mortgage application process is fast and easy:
Consultation
First, you’ll speak with one of our helpful Mortgage Specialists who will learn more about you and your goals to determine whether a reverse mortgage is the right fit for your needs. They’ll also take the time to carefully explain all the details of the HECM program so you’ll be fully informed every step of the way.
Counseling
HUD requires all MN reverse mortgage applicants to attend an approved counseling session so you can receive additional information from an unbiased third-party. Schedule the appointment at your convenience and talk to the counselor either by phone or in person.
Application
After submitting your application, we’ll coordinate an appraiser to visit your home, determine the value, and ensure the property meets FHA eligibility criteria.
Funding
We move fast and will quickly fund the loan after the application is approved. You decide how to receive your loan proceeds: either as a lump-sum, monthly installment, or line of credit. To see how much you may be able to increase your cash flow through loan proceeds, refer to our reverse mortgage calculator for a free estimate.
