Reverse Mortgage

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What is a South Dakota Reverse Mortgage?

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Estimated Home Value

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Existing Lien Amount

No Lien $20,000 $30,000 $40,000 $50,000 $60,000 $70,000 $80,000 $90,000 $100,000 $110,000 $120,000 $130,000 $140,000 $150,000 $160,000 $170,000 $180,000 $190,000 $200,000 $220,000 $240,000 $260,000 $280,000 $300,000 $320,000 $340,000 $360,000 $380,000 $400,000 Over $400,000

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A South Dakota reverse mortgage is just like a traditional mortgage except that the bank pays the homeowner, rather than the other way around. This innovative financial tool was developed to help seniors access their home's equity without the burden of a monthly mortgage payment. The most commonly utilized reverse mortgage is the Home Equity Conversion Mortgage (HECM), which features extensive consumer safeguards and is insured by the Federal Housing Administration (FHA).

Our company has earned the A+ rating from the Better Business Bureau and our South Dakota reverse mortgage specialists are ready to answer any questions you may have. To find out the amount you may qualify for, you may use our online South Dakota reverse mortgage calculator or you may call and talk to a trained South Dakota Reverse Mortgage Specialist at (877) 221-0493

Our South Dakota Reverse Mortgage Specialists want to help you improve the quality of your life. We have trained South Dakota reverse mortgage specialists licensed all over the state, including everywhere from Oglala to Sioux Falls to Woonsocket. Our South Dakota reverse mortgage specialists can answer all your questions and help you eliminate your monthly mortgage payments! Call (877) 221-0493 to speak to one of our loan professionals. See if a South Dakota reverse mortgage could help decrease your worries during retirement!