South Dakota Reverse Mortgage Lenders

Current list of South Dakota reverse mortgage lenders. All reverse mortgage companies are required to be licensed by the state of South Dakota no matter if they are in a larger area such as: Sioux Falls, Rapid City, Yankton, Walker, Spearfish, Rockerville, Milbank, Lake Preston, or anywhere else within SD.

Do You Qualify?

  • One Borrower Must Be 62 or Older
  • Have Equity In Property
  • Own an Eligible Property Type: Single Family, Townhome or Condo

First National Bank
First National Bank is one of the fastest growing reverse mortgage lenders in the state of South Dakota. They have been around helping seniors in SD with reverse mortgage loans as one of the most respected and well known HECM lenders.
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SD HECM Reverse Mortgage Lenders

Seniors who own homes have many financial options available to them. These options include multiple loan types, investments, and other accounts. But there are only a few ways to tap into home equity. If the bulk of your retirement income is held in your home, you'll need to find a program that allows you to transform this value into spendable cash. Reverse mortgages in South Dakota are a common way to do this.
Open Mortgage, LLC
Local Phone: 256-497-6446
Open Mortgage, LLC is licensed in South Dakota and can assist consumers with HECMs for eligible borrowers. NRMLA #16811
InterContinental Capital Group, Inc.
Local Phone: 516-723-6466
InterContinental Capital Group, Inc. is in business to help seniors providing them South Dakota reverse mortgages. NRMLA #29388

These South Dakota reverse mortgage companies provide service throughout the entire state that includes areas such as:
  • Sioux Falls, Minnehaha County
  • Rapid City, Pennington County
  • Yankton, Yankton County
  • Walker, Corson County
  • Spearfish, Lawrence County
  • Rockerville, Pennington County
  • Milbank, Grant County
  • Lake Preston, Kingsbury County
  • Huron, Beadle County
  • Chamberlain, Brule County
  • Brookings, Brookings County
  • Aberdeen, Brown County


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