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Compare Reverse Mortgage Specialists in Clinton Township, MI
Browse reverse mortgage specialists serving Clinton Township, Michigan. Contact information and addresses listed below.
9 agents listed
Updated May 2026
Clinton 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 9 reverse mortgage specialists in Clinton 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 Property Lending
22800 Hall Rd Suite 220A, Clinton Township, MI 48036
2484554111
Mortgage 1 - Team Lisa
44875 Morley Dr, Clinton Township, MI 48036
5869973533
Sock Mortgage Powered By Affinity Home Lending
42633 Garfield Rd #315, Clinton Township, MI 48038
22600 Hall Rd Suite 202, Clinton Township, MI 48036
5866304442
Nowland Mortgage, LLC 1189057
38400 Hayes Rd, Clinton Township, MI 48038
5864642350
A reverse mortgage specialist in Clinton Township Michigan helps older homeowners access home equity without monthly payments. Michigan law requires borrowers to receive counseling from a HUD-approved agency before closing. Local specialists can guide you through the process and explain Michigan specific rules like property tax deferral options.
What Does a Reverse Mortgage Specialist in Clinton Township 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 for appraisal title and recording. These costs can range from 2000 to 8000 dollars depending on the loan amount 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 is a reverse mortgage specialist in Clinton Township?
A reverse mortgage specialist is a licensed professional who helps Michigan homeowners age 62 and older apply for a Home Equity Conversion Mortgage or HECM. They explain loan terms, costs, and eligibility requirements specific to Michigan law.
Do I need counseling before getting a reverse mortgage in Michigan?
Yes, Michigan law requires all borrowers to complete counseling with a HUD-approved agency before applying. The specialist can provide a list of approved counselors in Clinton Township or nearby areas.
Are reverse mortgage proceeds taxable in Michigan?
Proceeds from a reverse mortgage are not considered taxable income by the IRS or the state of Michigan. However, interest may be deductible when you file taxes. Consult a tax professional for your situation.
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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.