ADVERTISING DISCLOSURE: BeforeMortgageUSA.com is an informational directory, not an mortgage company or broker. We do not sell insurance or provide mortgage or financial advice. No broker-client relationship is created by using this site. No broker listed on this site has paid for, authorized, or approved their listing. This is an advertisement.
Compare Reverse Mortgage Specialists in Shelby Township, MI
Looking for a reverse mortgage specialist in Shelby Township? Review the directory below to compare your options.
17 agents listed
Updated May 2026
Shelby Township, 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 17 reverse mortgage specialists in Shelby Township, 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.
CAPITAL LENDING, INC.
7875 24 Mile Rd #200, Shelby Township, MI 48316
5867865500
Guaranteed Rate
51315 Mound Rd, Shelby Township, MI 48316
2484950654
Next Chapter Financial
2338 Auburn Rd, Shelby Township, MI 48317
5867887871
Elementary Lending
45693 Hayes Rd, Shelby Township, MI 48315
8332277596
Mortgage 1 - Kee
45679 Village Blvd, Shelby Township, MI 48315
5862545711
Mortgages With Diana
48733 Golden Oaks Ln, Shelby Township, MI 48317
3135250531
Quantum Loans LLC
7752 Norse Ave Suite B, Shelby Township, MI 48317
5863017600
Mortgage Xperts
50706 Van Dyke Ave, Shelby Township, MI 48317
5863004500
Scope Mortgage Group LLC
14140 Wayford Run, Shelby Township, MI 48315
2488087596
Assured Capital Funding
14203 Rick Dr, Shelby Township, MI 48315
5864199510
James Lutz NMLS ID #871438 of Mortgage 1 Inc - Keystone Branch
What Does a Reverse Mortgage Specialist in Shelby Township Cost?
Typical costs for a reverse mortgage in Michigan include an origination fee up to 2 percent of the home value capped at 6000 dollars, a mortgage insurance premium of 2 percent of the appraised value, and third-party fees for appraisal title and recording. Total closing costs often range from 5000 to 15000 dollars depending on home value and loan type. These costs are usually financed into the loan rather than paid upfront. This is general information and 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 Shelby Township Michigan?
Borrowers must be at least 62 years old. If married, a non-borrowing spouse under 62 may have certain protections under HUD rules but should verify eligibility with a specialist.
Do I need to own my home free and clear to get a reverse mortgage in Michigan?
No. You can have an existing mortgage or lien. The reverse mortgage proceeds must first pay off any existing debt on the property. Your remaining equity determines how much you can receive.
What counseling is required for a reverse mortgage in Michigan?
Michigan law and federal HUD rules require all borrowers to complete a counseling session with a HUD-approved counselor before applying. The session explains loan terms costs and alternatives. A certificate of completion is needed to proceed.
Free • No Obligation
Compare Reverse Mortgage Specialists
Get matched with agents in Shelby Township who handle your type of case.
Affiliate Form Embed
Replace with iframe/embed code from your affiliate network
Affiliate Disclosure
The form above is provided by a third-party legal marketing service. BeforeMortgageUSA.com receives compensation when you submit a qualified inquiry. This is a free service with no obligation to hire any broker. Your information is collected and handled by the form provider according to their privacy policy.
Legal Notice
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 Michigan.