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Find Reverse Mortgage Specialists in Washington, MI
Looking for a reverse mortgage specialist in Washington? Review the directory below to compare your options.
2 agents listed
Updated May 2026
Washington, 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 2 reverse mortgage specialists in Washington, 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.
PLB Lending Hometown Mortgage Specialists
58069 Van Dyke Ave, Washington, MI 48094
5869921250
Mortgage Experts United
63500 Georgetown S, Washington, MI 48095
5866150794
A reverse mortgage specialist in Washington, Michigan can 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. Local specialists understand Macomb County property values and can guide you through the process.
What Does a Reverse Mortgage Specialist in Washington Cost?
Typical costs for a reverse mortgage specialist in Michigan 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 like appraisal and title search. Total closing costs often range from 5,000 to 10,000 dollars. Costs vary by situation based on loan type 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 are the age requirements for a reverse mortgage in Washington Michigan?
Borrowers must be at least 62 years old. The youngest borrower on the title must meet this age requirement under federal HECM rules.
Do I need counseling before getting a reverse mortgage in Michigan?
Yes, Michigan law requires all borrowers to complete a counseling session with a HUD-approved counselor. This session must happen before you can submit a loan application.
Can I lose my home with a reverse mortgage in Washington Michigan?
You can lose your home if you fail to pay property taxes, homeowners insurance, or maintain the property. Michigan law does not provide extra protections beyond federal rules.
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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 Michigan.