Lutheran Social Services of South Dakota

Reverse Mortgage

A Reverse Mortgage is a loan that enables homeowners, age 62 and older, to convert part of their home equity into income. This allows a senior to remain independent and in their home. The homeowner will receive monthly income and will not have to make any loan payments while they remain in their home. The income from the reverse mortgage can be used in any way the homeowner chooses.

Please call 1-888-258-2227 to speak to a representative or to schedule an appointment.