Reverse Mortgage

Woman looking out of window.

Understand Your Options

For some homeowners, a reverse mortgage agreement, that uses equity in a home to provide a source of income, can be helpful.

Our LSS financial counselors can offer impartial education and guidance to help you understand the pros and cons of obtaining a reverse mortgage. 

We can also support you in understanding the process if you choose to move forward. We provide the latest resources so that you can avoid possible scams and fraud schemes.

Contact an LSS Reverse Mortgage Counselor Today

By Phone

We offer counseling by phone for Minnesota residents who prefer the convenience of conducting a counseling session in their home or office.To schedule an appointment, call 888.577.2227.

In-person Counseling

You can meet with a reverse mortgage counselor in person at many of our Minnesota office locations. Please call to find a location near you. To schedule an appointment, please call 888.577.2227.



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

Availability & Fees

The fees for reverse mortgage counseling 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.

Non-Minnesota Residents:

We are no longer able to provide Reverse Mortgage Counseling to non-Minnesota residents.


LSS Financial Counseling Service