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Austin, MN Reverse Mortgage in Minnesota

If you’re a homeowner 62 years or older, consider the tax-free income benefits of a Reverse Mortgage.  Unlike a regular mortgage, with reverse mortgages the lender makes payments to you.  Austin, MN residents can choose to receive the money from a reverse mortgage in fixed monthly payments, a line of credit, or in a lump sum.  More than 55% of borrowers choose the line of credit, which allows you to draw from the loan at any time.

 

The amount of your reverse mortgage is determined primarily by your age and appraised home value.  To find out just how much you can get, speak to one of our Reverse Mortgage Specialists today!

Return to bad credit reverse mortgage in the state of MN

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Austin, Minnesota News
Donor program helps vets in need

Austin Disabled American Veterans Chapter No. 27 never forgets its mission. The chapter strives to build better lives for disabled veterans and their families through service and support, and it does that with ...


Texas EquuSearch joins effort to find TRF woman

Gary Peterson, a trained volunteer with the nonprofit Texas EquuSearch drove up from his Spring Valley, Minn., home to Thief River Falls today to meet with family members of Gina Anderson.


Ruth Marie Menten

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Spam has meatier role in our lives

Some things should never make a comeback: the Yugo, Celebrity Boxing with Tonya Harding and Danny Bonaduce, the lime-green pantsuit Hillary Clinton wore on her first campaign swing through Iowa.


Volunteers Give Time for Thanksgiving

Instead of giving thanks at home, more than a hundred people gave their time to those in need on this Thanksgiving.


Law Enforcement on Holiday Patrol

This holiday weekend has a lot in store for police. Law enforcement officials say there are a few dangerous trends they see every year, and there are warnings they can't stress enough.


County seeks commitment though man not convicted of sex crime

Olmsted County authorities are seeking civil commitment for a 26-year-old man they say is a sexually dangerous person though he has not been convicted of a sexual offense.


Veterans ready food boxes

Veterans are helping other veterans this week. On Tuesday, volunteers from local veterans organizations filled boxes of food and delivered them to veterans or their families.


City looks to fill board positions

The City of Austin is accepting applications for open positions on several boards and commissions.


United Way volunteers Keep the Fires Burning

Freeborn County United Way volunteers braved the cold weather Friday to Keep the Fires Burning and collect money to go toward this yeara s Live United Campaign goal.


With winter around the corner, make sure car's ready for cold

Yosselim Xicara, of Austin, was on her way to Rochester with some friends last winter when a snow storm hit, causing white-out conditions.


First Photos of Nat & Her New Baby

WLTX is proud to annouce that our own Nat Roers is now a mother! Roers gave birth Sunday to a baby boy that she and her husband have named Austin Lee.


Give thanks for turkey

MILWAUKEE Thanksgiving is bringing turkey producers little to celebrate this year, while diners anticipating the most poultry-centric of holidays may be grateful that they won't see much difference in the cost ...


That's one big cake

The cake, which was baked by Hy-Vee, consists of 32 sheet cakes put together and was sold in pieces in an effort to raise $10,000 for scholarships.


Keeping Your Job

Jobless claims have soared to a seven-year high. New claims for unemployment soared last week to the highest level since just after the September 11-th terrorist attacks.


Officials Begin Eminent Domain Proceedings

The issue of acquiring property for the new Mower County Justice Center made it's way into court Wednesday.


CRC offering scholarships

Cooperative Response Center, Inc. of Austin has announced its scholarship program for the 2009-10 school year.


Fatal crashes down in 2007

Traffic fatalities decreased in Mower County last year by 3 percent, but education and monitoring of driving laws will always be a continual effort.


Pastor's mom accused of theft from vulnerable adult

A 69-year-old Austin woman is accused of misusing more than $2,500 of a vulnerable adult's money, which she was being paid to oversee and manage.


Covering Crime Special Report: Growing Pains

When a stray bullet came through the wall of her apartment in September, she was saved by a good book she'd been reading.


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With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
 
"...I was sure that Somerset was the right choice...they couldn't have been more compassionate or understanding...I just couldn't believe that this all happened within a week...Thanks to my loan officer and all the rest of those great people at Somerset, my family will be able to stay in the only home they have known for some time, without fear of being put out." - Tom N.
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