Skip to content
Minnesota Aging and Disability Resources home page

Lutheran Social Service of Minnesota – LSS Financial Counseling - LSS Willmar

Reverse Mortgage Counseling

1601 Highway 12 E, Ste 6, Willmar, MN 56201

Eligibility

  • Must be a Minnesota resident and homeowner who is 62 years of age or older
  • Own your home outright or have a mortgage balance that can be paid off at closing with proceeds from the reverse mortgage or other personal funds
  • Live in the home as your primary residence
  • Not be delinquent on any federal debt
  • Participate in a consumer information session given by an approved Home Equity Conversion Mortgage counselor

Fees

Free or low cost

Site Service Area

Statewide

Other Information

Specialization

  • Older adults
Federal Housing Administration (FHA)-backed reverse mortgages are called Home Equity Conversion Mortgages (HECM). In order to obtain a HECM, applicants are required to receive reverse mortgage counseling from a Housing and Urban Development (HUD)-approved reverse mortgage counselor. The counseling provides guidance on the options available under a reverse mortgage. This agency has HUD-approved HECM counselors who provide the required consumer information sessions. MORE INFORMATION Offers impartial education and guidance to help you understand the pros and cons of obtaining a reverse mortgage Services are available for Minnesota residents by phone or virtually. They also offer in-person appointments across Minnesota. Counselors are fluent in Spanish and Hmong. In addition, American Sign Language (ASL) interpretation is available as needed.

Last Update

06/08/2026

Providing organization

Lutheran Social Service of Minnesota – LSS Financial Counseling