Upsize Your Real Estate Dreams with a Reverse Mortgage

Where would you rather live? A $425k condo with one bedroom, two bathrooms, and a view of the neighboring skyscrapers, or a $700k condo in the same building for a 3-bedroom, 3-bathroom condo with a spectacular view?

Everyone would love the latter, but many are concerned that it’s out of their budget. But with a reverse mortgage in Minnesota, you can enjoy more space and better views with the larger condo, having space to house family!

You can use the proceeds from the sale of your current home for a down payment and get a reverse mortgage to cover the remainder of the funds needed at closing. You can buy the bigger condo without having a monthly mortgage payment to make. Assuming a 5% interest rate and a home appreciation of 5%, their net equity in the home will remain the same over the years.

Give us a call to make this a reality for you!