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Find Reverse Mortgage Specialists in Sioux Falls, SD
Looking for a reverse mortgage specialist in Sioux Falls? Review the directory below to compare your options.
20 agents listed
Updated May 2026
Sioux Falls, SD
Important: Listings are compiled from publicly available sources and have not been independently verified by BeforeMortgageUSA.com. We do not endorse any broker or guarantee outcomes. Verify licensing and disciplinary status with the South Dakota before hiring.
Showing 20 reverse mortgage specialists in Sioux Falls, SD
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Troy Lage - Mortgage Lender | Fairway Heartland
7615 Kenton Ln S Suite 110, Sioux Falls, SD 57108
6053104645
Josh Osborne at CrossCountry Mortgage
5605 S Southeastern Ave, Sioux Falls, SD 57108
6059068209
Kelly Team - Fairway Home Mortgage
111 W 39th St, Sioux Falls, SD 57105
6053340484
Tailored Mortgage Group
5010 S Minnesota Ave, Sioux Falls, SD 57108
6052062626
Kevin Carlson: Plains Commerce Bank Mortgage NMLS# 22004
Bryce Haan - Mortgage Lender - First International Bank & Trust - NMLS#1503867
601 S Minnesota Ave, Sioux Falls, SD 57104
6052612069
Mike Brudigan at Rate (NMLS #13320)
6901 S Lyncrest Pl Suite 103, Sioux Falls, SD 57108
6053315773
Shawn Nielsen - Certified Mortgage Advisor
7405 Bitterroot Pl Suite 118, Sioux Falls, SD 57108
6056104504
Dawn Van Nieuwenhuyzen - Plains Commerce Bank Mortgage
3905 W 49th St, Sioux Falls, SD 57106
6052616721
Nick Kiesow - Mortgage Lender | Fairway Heartland
7615 Kenton Ln S Suite 110, Sioux Falls, SD 57108
6053660919
Guaranteed Rate - Sioux Falls
101 W 69th St Suite 100, Sioux Falls, SD 57108
6053315773
Jeff Buum - Mortgage Lender | Fairway Heartland
7615 Kenton Ln S Suite 110, Sioux Falls, SD 57108
6053217303
Jeremy Huber Plains Commerce Mortgage Banker nmls#1196575
3905 W 49th St, Sioux Falls, SD 57106
6057709897
Windsor Mortgage
5101 S Broadband Ln Ste 101, Sioux Falls, SD 57108
8444872587
Plains Commerce Mortgage
3905 W 49th St #200, Sioux Falls, SD 57106
6053300133
C U Mortgage Direct
5010 S Solberg Ave, Sioux Falls, SD 57108
6053392152
Kelly Team - Fairway Independent Mortgage Corporation
401 E 8th St # 203A, Sioux Falls, SD 57103
6053763482
Mike Bellmore - Mortgage Loan Officer
5700 S Remington Pl, Sioux Falls, SD 57108
6053237426
A reverse mortgage specialist in Sioux Falls helps homeowners aged 62 and older convert home equity into cash without monthly payments. South Dakota law requires borrowers to complete HUD-approved counseling before obtaining a Home Equity Conversion Mortgage. Local specialists understand the Sioux Falls housing market and can guide you through the process.
What Does a Reverse Mortgage Specialist in Sioux Falls Cost?
Typical costs for a reverse mortgage in South Dakota include an origination fee of up to 2 percent of the home value, a mortgage insurance premium of 2 percent of the appraised value, and third-party fees for appraisal title and recording which can range from 500 to 1500 dollars. Total closing costs often range from 5000 to 10000 dollars depending on the loan amount and property value. This is general information not mortgage or financial advice.
* Cost estimates are general ranges based on publicly available data and compiled using automated research tools. Actual fees vary by agent and case complexity. This is not mortgage or financial advice — consult directly with an agent for fee specifics.
Frequently Asked Questions
What does a reverse mortgage specialist in Sioux Falls do?
A reverse mortgage specialist helps you understand HECM loans, determine eligibility, and complete the application process. They coordinate with HUD-approved counselors and explain how the loan affects your home equity and estate.
Are there South Dakota specific rules for reverse mortgages?
Yes South Dakota requires borrowers to attend a counseling session with a HUD-approved counselor before applying. The state also limits the amount you can borrow based on your age and home value. Specialists must follow federal HECM guidelines and state lending laws.
How do I choose a reverse mortgage specialist in Sioux Falls?
Look for a specialist licensed in South Dakota with experience in HECM loans. Check their standing with the South Dakota Division of Banking and ask about their familiarity with local property values in Minnehaha County.
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BeforeMortgageUSA.com is not a mortgage referral service, or financial advice provider. No broker-client relationship is formed by submitting a form or using this site. We do not endorse, recommend, or vouch for the qualifications of any broker. Past results do not guarantee future outcomes. Each case is different. Verify broker credentials with your state mortgage licensing authority before hiring.
About Our Listings
Brokers listed on BeforeMortgageUSA.com are compiled from publicly available directories, state mortgage licensing authority records, and business listings. Inclusion does not constitute endorsement. We do not verify broker licensing, disciplinary status, or qualifications. Verify each broker's current standing with the South Dakota.