Skip to main content

Compare Reverse Mortgage Specialists in Lowell, MI

Directory of reverse mortgage specialists in Lowell, Michigan. Verify credentials with the state mortgage licensing authority before hiring.

3 agents listed
Updated May 2026
Lowell, 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 3 reverse mortgage specialists in Lowell, 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.
West Michigan Mortgage - Megan Ostrander
318 E Main St Suite A, Lowell, MI 49331
6163297962
Edward Jones - Financial Advisor: Christopher C Godbold, AAMS®
206 E Main St, Lowell, MI 49331
6169879515
Fifth Third Mortgage - Clinton Forester
11915 Fulton St E, Lowell, MI 49331
6162927111

A reverse mortgage specialist in Lowell, Michigan helps homeowners aged 62 and older convert part of their home equity into cash. Michigan law requires borrowers to complete a counseling session with a HUD-approved counselor before applying. Local specialists can guide you through the process and explain how a reverse mortgage affects your property taxes and estate.

What Does a Reverse Mortgage Specialist in Lowell Cost?

Typical costs for a reverse mortgage specialist in Michigan include an origination fee 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 and title work. Total closing costs often range from 2,000 to 8,000 dollars depending on the loan size and property. 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 Lowell Michigan?
You must be at least 62 years old to qualify for a reverse mortgage in Michigan. All borrowers listed on the title must meet this age requirement.
Do I need counseling before getting a reverse mortgage in Michigan?
Yes, Michigan law requires all reverse mortgage applicants to receive counseling from a HUD-approved counselor. This session must happen before you can submit your application.