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Reverse Mortgage Specialists in Birmingham, MI

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

14 agents listed
Updated June 2026
Birmingham, 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 State Mortgage Licensing Authority of Michigan before hiring.
Showing 14 reverse mortgage specialists in Birmingham, 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.
Swift Home Loans
805 E Maple Rd, Birmingham, MI 48009
(833) 697-9438 swifthomeloans.com
Better Rate Mortgage
390 Park St Suite 100, Birmingham, MI 48009
(248) 225-6728 mybetterrate.com
Rockwood Mortgage
33834 Woodward Ave, Birmingham, MI 48009
(248) 703-0115 rockwoodmortgage.com
Power Home Loans
925 E Maple Rd, Birmingham, MI 48009
(248) 275-0405 powerhl.com
Griffen Hock - Berkshire Capital - Home Mortgage Specialist
33687 Woodward Ave, Birmingham, MI 48009
(248) 755-0765
York Financial Inc
1221 Bowers St #914, Birmingham, MI 48012
(248) 593-9900 yorkloan.com
Lewis Financial Mortgage
401 S Old Woodward Ave Suite #435, Birmingham, MI 48009
(248) 901-1700 lewisfin.com
L.A. Mortgage
400 Hamilton Row Suite 100, Birmingham, MI 48009
(888) 883-1985 lamortgage.com
Prolific Mortgage
166 W Maple Rd Suite 200, Birmingham, MI 48009
(248) 533-8480 prolificmortgage.com
Mason Miller, First National Mortgage Bankers, NMLS#185193
700 E Maple Rd Suite 302, Birmingham, MI 48009
(866) 644-6910 snap.mortgageone.com
Core Direct Mortgage
1363 Smith Ave, Birmingham, MI 48009
(800) 491-3054 cdmlend.com
simply save mortgage
280 W Maple Rd, Birmingham, MI 48009
(248) 480-8200
Care Mortgage
555 S Old Woodward Ave Suite 11L, Birmingham, MI 48009
(248) 825-0099
Bloom Lending
280 N Old Woodward Ave Suite 100, Birmingham, MI 48009
(734) 645-5646 bloomlendingmi.com

A reverse mortgage specialist in Birmingham, Michigan helps homeowners aged 62 and older convert home equity into loan proceeds. Michigan law requires borrowers to complete HUD-approved counseling before obtaining a Home Equity Conversion Mortgage (HECM). Birmingham residents often use these funds for home repairs, healthcare costs, or supplementing retirement income.

What Does a Reverse Mortgage Specialist in Birmingham Cost?

Typical costs for a reverse mortgage in Michigan include an origination fee of up to 2% of the home value, a mortgage insurance premium of 2% of the appraised value, and third-party fees such as appraisal and title search. For a home valued at 300,000 dollars, total closing costs often range from 8,000 to 15,000 dollars. Costs vary by lender and loan type. 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 Michigan?
Borrowers must be at least 62 years old. If married, the younger spouse must also be 62 to be listed as a borrower. Michigan law follows federal HECM guidelines for age eligibility.
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. The session covers loan terms, costs, and alternatives. You must receive a certificate of completion before the loan can proceed.
Can I lose my home with a reverse mortgage in Birmingham?
You can lose your home if you fail to pay property taxes, homeowners insurance, or maintain the property. Michigan law allows the lender to foreclose if these obligations are not met. You must continue to live in the home as your primary residence.

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