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Find Reverse Mortgage Specialists Near You in Fenton, MI

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

11 agents listed
Updated May 2026
Fenton, 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 11 reverse mortgage specialists in Fenton, 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.
Cason Home Loans - Fenton
1100 Torrey Rd #300, Fenton, MI 48430
8107329660
Jodie Hendrickson at Cason Home Loans
1100 Torrey Rd #300, Fenton, MI 48430
8106918396
Jim Papatheodore at Prosperity Home Mortgage - Fenton
100 S Adelaide St, Fenton, MI 48430
8103732150
Financial Strategies Group, Inc.
265 N Alloy Dr, Fenton, MI 48430
8008040420
Smooth Home Loans
3496 Ponemah Dr, Fenton, MI 48430
8103485916
Michael Saunders - Loan Originator at Cason Home Loans
15173 North Rd, Fenton, MI 48430
9899961526
Rebecca Bartley, Lender
17460 Silver Pkwy, Fenton, MI 48430
8105164227
FountainStone Home Loans
12311 Foley Rd, Fenton, MI 48430
2482442222
Wentworth Home Loans
2325 W Shiawassee Ave Ste. 206, Fenton, MI 48430
8104281750
Mortgage 1 of Fenton - Caroline Turner
100 S Adelaide St, Fenton, MI 48430
8109556682
Star Mortgage of America
2545 W Silver Lake Rd Ste 12, Fenton, MI 48430
8102320603

Reverse mortgage specialists in Fenton Michigan help 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. Fenton residents often use these funds for home repairs or supplementing retirement income.

What Does a Reverse Mortgage Specialist in Fenton Cost?

Typical costs for a reverse mortgage in Michigan include an origination fee up to 2 percent of the home value a mortgage insurance premium of 2 percent of the appraised value and third party costs like appraisal title and recording fees. Total closing costs often range from 3000 to 8000 dollars but vary by loan amount and lender. 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 Fenton Michigan?
Borrowers must be at least 62 years old. If married, the younger spouse must also be 62 to be on the loan. Michigan follows federal HUD 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. This session explains loan terms costs and alternatives. You must receive a certificate of completion.
What property types qualify for a reverse mortgage in Fenton?
Single family homes HUD approved condominiums and manufactured homes that meet FHA standards qualify. The property must be your primary residence. Two to four unit properties may qualify if you live in one unit.