Michael HerrickSales AssociateNMLS #: 452542
Office(s)Minnetonka |
Michael Herrick is a Senior Mortgage Banker with over 25 years experience in Mortgage Banking and Real Estate. Michael was a Real Estate Broker and General Contractor for many years. He has an in-depth knowledge of many facets of the financing, real estate, new construction and development businesses. His depth of knowledge enables him to present many options that clients may not be aware exist. Michael's business is primarly from referrals and past clients. His attitude is to give unsurpassed service, knowledge and professionalism. |
A reverse mortgage helps you make the most of retirement:
• Preference - Receive funds all at once, in monthly installments, as a line of credit, or as an up front payment along with monthly installments.
• Ease - There are no credit, income or employment requirements in order to qualify.
• Security - A reverse mortgage does not affect Medicare benefits, Social Security or pensions.
• Confidence - An heir can keep the property once the reverse mortgage has been paid in full.
• Liquidity - Rather than make monthly payments, receive them.
• Independence - Live in and own your own home through retirement.
• Flexibility - Ability to plan with your mortgage consultant the best suitable payment dates.
