Financing Your Retirement May
Be Right Under Your Roof
Let Reverse Mortgages SIDAC, LLC
Review the MN Reverse Mortgage programs With YOU

Contact us for calculations, rates & fees

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Are you looking for Security, Independence, Dignity and Control in your retirement?

We offer a financial tool so that you can supplement your retirement
income with the equity from your home to have
Security, Independence, Dignity, and Control.

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As The Experts Excelling in Service we are the Minnesota Reverse Mortgage Lender of Choice and YOUR LOCAL originators offering ALL Reverse Mortgage Programs currently available in the Minnesota and serving all of the state.  As your Trusted Advisor we provide answers to
ALL your reverse mortgage questions.

Being local,we meet with you in person, at your home, to review the program and options with no pressure or obligations.

Visit our You Tube Channel for information on reverse mortgages via videos.

“Home is where the heart is.” Pliney

Homeowners 62 and older can use the equity in their home NOW with a reverse mortgage. A reverse mortgage is a specifically designed home equity loan for seniors with no income or credit requirements to impact the interest rate on the loan. This is a mortgage in reverse where the borrower receives payments or a line of credit instead of making monthly mortgage payments and the loan is paid off when the home is no longer the primary residence of the borrower(s) or other maturity triggers. Borrowers are still responsible for paying property taxes, insurance, maintenance and HOA fees (if applicable).

Being seniors are on a fixed income they generally don’t qualify for a conventional mortgage or home equity line of credit (HELOC). The reverse mortgage, a special home loan for seniors on a fixed income, has one LOW INTEREST rate for all borrowers regardless of income or credit. The interest rate varies by the program chosen and/or as the index changes.  To qualify borrowers must meet Financial Assessment requirements demonstrating their ability and willingness to pay property taxes and insurance into the future.  In some circumstances a Life Expectancy Set Aside may be required to cover the property taxes and insurance.

There are no limitations on how the reverse mortgage proceeds are used and Minnesota reverse mortgage borrowers have security, independence, dignity, and control during their retirement years. Click here to learn how others have used their reverse mortgage proceeds.

Reverse Mortgages SIDAC, LLC, serving all of Minnesota, is the local trusted advisor and Minnesota originators of choice providing financing for seniors by specializing only in reverse mortgages.  Located in the Twin Cities metro area, besides originating in St. Paul, Minneapolis and the nine county metro area, we personally assist seniors throughout the state of Minnesota.

Do you want to have security, independence, dignity, and control?  Reverse Mortgages SIDAC, LLC can help you.

Tapping into Home Equity During A Down Market

If you are considering a reverse mortgage in Minnesota contact us for a FREE, no obligation, no pressure quote – we’ll even meet with you in the privacy of your home to educate you on this valuable financing option.

Nancy had accrued some debt including some credit cards and borrowing from her children. She did a Reverse Mortgage to pay off those debts and to have a line of credit available for future needs. She also enjoyed having some extra cash to purchase some thins to fix up her home and to go to lunch with friends on occasion. Because her children had their own expenses and needs, they were relieved that their mother had done the reverse mortgage and could live more comfortably without relying on them.

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