Lutheran Social Service of Minnesota – LSS Financial Counseling - LSS Willmar
Resource Name:Lutheran Social Service of Minnesota – LSS Financial Counseling - LSS Willmar
Reverse Mortgage Counseling
address
1601 Highway 12 E, Ste 6, Willmar, MN 56201
Eligibility
To qualify for a HECM reverse mortgage, you must:
- Be 62 years of age or older.
- Own the property outright or have a small mortgage balance.
- Occupy the property as your principal residence.
- Not be delinquent on any federal debt.
- Complete a Reverse Mortgage Counseling session with a certified housing counselor.
- Be 55 years of age or older.
- Own the property outright or have a small mortgage balance.
- Occupy the property as your principal residence.
- Complete a Reverse Mortgage Counseling session with a certified housing counselor.
(888) 577-2227
Voice
Application process
Call (888) 577-2227 to Get Started
Fees
Free or low cost
Site Service Area
Primarily Southwestern Minnesota, but services available 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. In addition, American Sign Language (ASL) interpretation is available as needed.
Last Update
10/09/2026
Providing organization
Lutheran Social Service of Minnesota – LSS Financial Counseling