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Compare Reverse Mortgage Specialists in Oxford, MI

Looking for a reverse mortgage specialist in Oxford? Review the directory below to compare your options.

3 agents listed
Updated May 2026
Oxford, 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 3 reverse mortgage specialists in Oxford, 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.
Brick Financial Group
90 S Washington St, Oxford, MI 48371
2482744748
Edward Jones - Financial Advisor: Adam Bradford, CFP®|CEPA®|AAMS®|CRPS™
826 S Lapeer Rd a, Oxford, MI 48371
9472433153
Edward Jones - Financial Advisor: Andrew Hunter, CFP®
21 N Washington St, Oxford, MI 48371
9476009639

What Does a Reverse Mortgage Specialist in Oxford Cost?

Typical costs for a reverse mortgage specialist in Michigan include an origination fee of up to 2 percent of the first 200,000 dollars of home value plus 1 percent of the amount over 200,000 dollars. Other costs include a mortgage insurance premium (2 percent of the appraised value upfront), appraisal fees (400 to 800 dollars), and closing costs (1,000 to 3,000 dollars). Total upfront costs usually range from 3,000 to 8,000 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

Who is eligible for a reverse mortgage in Oxford Michigan?
You must be at least 62 years old and own your home outright or have a low mortgage balance. The home must be your primary residence, and you must complete a counseling session with a HUD-approved counselor. Michigan law does not impose additional age requirements beyond the federal minimum.
What are the costs of a reverse mortgage in Michigan?
Costs include an origination fee, appraisal fee, mortgage insurance premium, and closing costs. In Michigan, the origination fee is capped at 2 percent of the first 200,000 dollars of home value plus 1 percent of the amount over 200,000 dollars. Total costs typically range from 2,000 to 8,000 dollars depending on the home value and loan type.
Can I lose my home with a reverse mortgage in Oxford?
You can lose your home if you fail to pay property taxes, homeowners insurance, or maintain the property. Michigan law requires the lender to provide a notice of default and a 30-day cure period before foreclosure. Staying current on these obligations keeps your home safe.