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Reverse Mortgage Specialists in Livonia, MI

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

15 agents listed
Updated May 2026
Livonia, 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 15 reverse mortgage specialists in Livonia, 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.
Zoom Home Lending
17187 N Laurel Park Dr #350, Livonia, MI 48152
8006283183
Liberty 1 Lending Inc.
33101 Schoolcraft, Livonia, MI 48150
2483778377
Priority 1 Lending, LLC
38701 7 Mile #290, Livonia, MI 48152
7347208700
Equity Express Mortgage
31572 Industrial Rd Suite 300, Livonia, MI 48150
3133530203
The Vista Team at Total Home Lending
39111 Six Mile Rd, Livonia, MI 48152
7346329300
LeDon Clayborn at Rate (NMLS #188330)
37172 Six Mile Rd Office #1, Livonia, MI 48152
2482346235
Liberty 1 Lending Branch
27459 Five Mile Rd, Livonia, MI 48154
9472255269
Total Home Lending
39111 Six Mile Rd, Livonia, MI 48152
7346320000
MiMutual powered by Supreme Lending, Livonia MI
39111 Six Mile Rd #120, Livonia, MI 48152
7349434041
Hart Mortgage, LLC
15619 Farmington Rd, Livonia, MI 48154
7349874287
Vital Mortgage Group
15441 Middlebelt Rd, Livonia, MI 48154
3132471282
Home Loan Specialists
36139 Schoolcraft, Livonia, MI 48150
7345240400
Mortgages By Jack
36139 Schoolcraft, Livonia, MI 48150
2487562200
Mortgage 1, Inc. Livonia
37771 7 Mile suite b, Livonia, MI 48152
7348554870
Quick Loans by Low Rate Mortgage
Hees St, Livonia, MI 48150
7347431515

Reverse mortgage specialists in Livonia Michigan help older homeowners access home equity through HECM loans. Michigan law requires borrowers to complete HUD-approved counseling before applying. These professionals guide you through eligibility rules and loan terms specific to Michigan property laws.

What Does a Reverse Mortgage Specialist in Livonia Cost?

Typical costs for a reverse mortgage specialist in Michigan include an origination fee up to 2 percent of the home value and a mortgage insurance premium of 2 percent of the appraised value. Closing costs range from 2,000 to 5,000 dollars. Third-party fees for appraisal and title search add 500 to 1,000 dollars. These costs vary by loan amount and lender. 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 age requirements for a reverse mortgage in Livonia Michigan?
Borrowers must be at least 62 years old. The youngest borrower on the title must meet this age requirement under federal HUD 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 explains loan costs and alternatives.
Can a reverse mortgage be foreclosed in Michigan?
Yes. If you fail to pay property taxes or homeowners insurance or do not maintain the home, the lender can start foreclosure. Michigan law requires a notice and a redemption period.