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Find Reverse Mortgage Specialists in Davison, MI

Compare reverse mortgage specialists in Davison. Review contact information and insurance categorys before you decide.

6 agents listed
Updated May 2026
Davison, MI
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 Michigan before hiring.
Showing 6 reverse mortgage specialists in Davison, MI Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Guild Mortgage Company
324 N Main St Suite F, Davison, MI 48423
9895139385
Edward Jones - Financial Advisor: Kyle R Robinson
1043 N Irish Rd, Davison, MI 48423
8106526053
Guild Mortgage - Lindsey Whitman
324 N Main St Suite F, Davison, MI 48423
9895139385
Edward Jones - Financial Advisor: Katrina M Johnson
1141 S State Rd Suite 23, Davison, MI 48423
8106536307
Hantz Financial Services, Inc. - Davison, Michigan
625 S State Rd, Davison, MI 48423
8102141786
Chase Home Lending
1121 S State Rd, Davison, MI 48423
9892390827

Reverse mortgage specialists in Davison Michigan help homeowners aged 62 and older access home equity without monthly payments. Michigan law requires borrowers to complete HUD-approved counseling before obtaining a Home Equity Conversion Mortgage HECM. Local specialists guide clients through the process including property tax and insurance obligations specific to Michigan.

What Does a Reverse Mortgage Specialist in Davison Cost?

Typical costs for a reverse mortgage in Michigan include an origination fee up to 2 percent of the home value a mortgage insurance premium of 2 percent upfront and 0.5 percent annually plus appraisal and closing costs. Total fees often range from 3000 to 8000 depending on the loan amount and property value. Costs vary by lender and case. 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 are the age requirements for a reverse mortgage in Davison Michigan?
Borrowers must be at least 62 years old. All owners listed on the title must meet this age requirement. Michigan law follows federal HUD guidelines for HECM loans.
Do I need counseling before getting a reverse mortgage in Michigan?
Yes Michigan requires HUD-approved counseling for all reverse mortgage applicants. The counseling session covers loan terms costs and alternatives. You must receive a certificate of completion before the lender can proceed.
Can I lose my home with a reverse mortgage in Davison Michigan?
You can lose your home if you fail to pay property taxes homeowners insurance or maintain the property. Michigan law allows lenders to foreclose if these obligations are not met. The loan becomes due if you move out or sell the home.