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Find Reverse Mortgage Specialists in Ann Arbor, MI

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

17 agents listed
Updated May 2026
Ann Arbor, 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 Ann Arbor, 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.
Anderson/Copland Mortgage Team: Mark Copland, Mortgage Lender NMLS #136066
2750 S State St #3, Ann Arbor, MI 48104
7348464875
Total Home Lending
555 Briarwood Cir #200B, Ann Arbor, MI 48108
7342391492
Giniel Financial Group Inc, Ann Arbor Mortgage Broker NMLS #1475862
735 Victors Way, Ann Arbor, MI 48108
7342340764
Gold Star Mortgage Financial Group
2350 Green Rd Suite 100B, Ann Arbor, MI 48105
8002015626
Rick Richter at CrossCountry Mortgage
879 W Eisenhower Pkwy Suite J, Ann Arbor, MI 48103
7342341927
Arbor One Mortgage Group
250 W Eisenhower Pkwy #135, Ann Arbor, MI 48103
7343928300
Susan Heren at CrossCountry Mortgage
455 E Eisenhower Pkwy, Ann Arbor, MI 48108
7342604299
Derek Brickley - Gold Star Mortgage Financial Group
2350 Green Rd Suite 100B, Ann Arbor, MI 48105
7346457722
Ruoff Mortgage - Ann Arbor
305 E Eisenhower Pkwy UNIT 112, Ann Arbor, MI 48108
7343692372
Marty Schaefer - Gold Star Mortgage Financial Group
2350 Green Rd Suite 100B, Ann Arbor, MI 48105
5865967634
New American Funding - Cheri Hanagan
2144 S State St Ste. E, Ann Arbor, MI 48104
2488803695
Huron Valley Financial
2395 Oak Valley Dr Ste 200, Ann Arbor, MI 48103
7346698000
University Lending Group
2015 Washtenaw Ave, Ann Arbor, MI 48104
7342061800
Norm Lachance at CrossCountry Mortgage
879 W Eisenhower Pkwy Suite J, Ann Arbor, MI 48103
7348920179
Residential Loan Center Independent Bank
3025 Boardwalk Dr #260, Ann Arbor, MI 48108
7345457124
Joseph Craigmile at CrossCountry Mortgage
879 W Eisenhower Pkwy Suite J, Ann Arbor, MI 48103
7348002054
Bailey Barr at CrossCountry Mortgage
879 W Eisenhower Pkwy, Ann Arbor, MI 48103
7348003653

What Does a Reverse Mortgage Specialist in Ann Arbor Cost?

In Michigan reverse mortgage costs include an origination fee capped at 6000 dollars or 2 percent of the home value whichever is less. The upfront mortgage insurance premium is 2 percent of the appraised value. Third-party fees for appraisal title search and recording typically add 1500 to 4000 dollars. Annual mortgage insurance premiums are 0.5 percent of the loan balance. Total closing costs usually range from 5000 to 12000 dollars. 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 eligibility requirements for a reverse mortgage in Ann Arbor Michigan?
You must be at least 62 years old and own your home outright or have a low mortgage balance. The property must be your primary residence and meet HUD minimum property standards. Michigan law also requires you to complete a counseling session with a HUD-approved agency before applying.
How much does a reverse mortgage cost in Michigan?
Typical costs include an origination fee up to 6000 dollars a mortgage insurance premium of 2 percent of the home value and third-party fees for appraisal title and recording. In Michigan closing costs generally range from 3000 to 8000 dollars depending on the loan amount and property value.