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For Individuals

  • Concerned women

    Reverse Mortgage Counseling

    Getting a reverse mortgage can be scary and trying to figure out the right steps can be a challenge. At LSS we have a long history and well deserved reputation for integrity. We'll provide you with impartial education and guidance throughout the mandatory process.

    Reverse mortgages can be confusing and unfortunately, with their popularity and growth, homeowners need to beware of scams and fraud.


  • Contact a Reverse Mortgage Counselor Today

    Phone Icon Nationwide phone counseling
    To schedule an appointment, call 888.577.2227

    For those who live outside Minnesota, or who simply prefer the convenience of conducting a counseling session in their home or office, we offer counseling by phone.
    In person icon

    In person counseling
    To schedule an appointment, call 888.577.2227

    Reverse mortgage counseling is offered in person at the following Minnesota locations:

    Brainerd, MN
    716 E Street NE, Brainerd, MN 56401  

    Duluth, MN
    The Ordean Building, 424 W. Superior St., Suite 600, Duluth, MN 55802

    Minneapolis, MN
    The Center for Changing Lives, 2400 Park Avenue, Minneapolis, MN 55404

    Willmar, MN
    1601 Hwy 12, Suite 6, Willmar, MN 56201

  • Eligibility

    Check to see if you are eligible by using the AARP reverse mortgage calculator >

    To qualify for a 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.
    • Participate in a consumer information session given by an approved Home Equity Conversion Mortgage counselor


    The fees for reverse mortgage counseling as of June 2014 are listed below. Because of current grant funding, the reverse mortgage counseling fees for residents of Minnesota are waived at this time.  

    Minnesota Residents Fee Waived
    Other States (Not MN) $150.00