The Experts
Excelling in Service
651-762-9648
1-877-590-9648 


Reverse Mortgages SIDAC - Minnesota Reverse Mortgages
A Division of Greenleaf Financial, LLC  MO 173899


Reverse Mortgage Interest Rates
for the week of January 25, 2011**

Prestige Mortgage LLC/Reverse Mortgages SIDAC is the ONLY lender
offering ALL Reverse Mortgage Programs
currently available in Minnesota and serving all of Minnesota.


We will evaluate all programs and your situation to help you decide which program is best for you. In the end it is YOUR decision. Reverse Mortgage Home
HECM Monthly:

HECM LIBOR: Just under 2.30%*

Expected Rate (Used to determine loan amount): Under 5.75%

HECM Fixed: Under 5.10%* (Lump sum draw option)

Expected Rate (Used to determine loan amount): Same as Initial Rate

Jumbo Reverse Mortgages:


*Contact us for information on the interest rates of the week and the Total Annual Loan Cost.

**For calculation purposes interest rate indexes change weekly and margins may change daily. Margins cannot be locked until submitting file to doc draw.

No matter what one's income or credit is,
the interest is the same for ALL borrowers.

We do not offer a reverse mortgage calculator for a couple of reasons:
  • Reverse mortgage calculators do not provide answers. They are estimates that do not reflect fees for Minnesota whereas we can run calculations based on the fees used in Minnesota.
  • There may be some options to make the reverse mortgage work for you even if the reverse mortgage calculator reflects a negative amount available to you. We want to discuss options and see if the reverse mortgage or other options may benefit you.
Contact us for Minnesota reverse mortgage calculations - it's the best way to see if the reverse mortgage is an option for your situation.



Understanding Reverse Mortgages Book
Minnesota Residents
Call Us to learn how to receive a FREE copy of Understanding Reverse Mortgages, a book written in a simple format, providing the necessary information and knowledge to comprehend the basics of Reverse Mortgages.


©2005-2011 Beth Paterson Reverse Mortgages SIDAC 651-762-9648

Self-managed web sites powered by iEditWeb, Inc.