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Reverse Mortgage Specialists in Wyoming, MI

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

4 agents listed
Updated May 2026
Wyoming, 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 4 reverse mortgage specialists in Wyoming, 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.
Churchill Mortgage - Wyoming
5751 Byron Center Ave SW Ste XY, Wyoming, MI 49519
6162844555
Clear Mortgage Partners (powered by Canopy Mortgage)
4489 Byron Center Ave SW ste d, Wyoming, MI 49519
6168161640
Chris DeRuischer - Churchill Mortgage, NMLS 1025953
5751 Byron Center Ave SW Suite Y, Wyoming, MI 49519
6162844555
Matt Kroon - Churchill Mortgage, NMLS 333662
5751 Byron Center Ave SW Ste XY, Wyoming, MI 49519
6163274633

A reverse mortgage specialist in Wyoming, Michigan helps homeowners aged 62 and older access home equity through a Home Equity Conversion Mortgage (HECM). Michigan law requires borrowers to complete HUD-approved counseling before applying. Specialists guide clients through Michigan-specific property tax deferral programs and homestead exemptions that can affect loan terms.

What Does a Reverse Mortgage Specialist in Wyoming Cost?

Typical costs for a reverse mortgage specialist in Michigan include an origination fee of up to $6,000, a mortgage insurance premium of 2% of the home value, and third-party fees such as appraisal ($400 to $800) and title search ($300 to $600). Closing costs usually range from $2,000 to $8,000. These costs are often financed into the loan. This information is general 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 Wyoming Michigan?
Borrowers must be at least 62 years old. The spouse who is not a borrower may qualify for protections under Michigan law if they meet certain conditions. All borrowers must live in the home as their primary residence.
Is financial counseling required for a reverse mortgage in Michigan?
Yes, Michigan law requires all reverse mortgage applicants to complete a counseling session with a HUD-approved counselor. This session covers loan costs, alternatives, and repayment obligations. The counselor must be independent from the lender.
What happens to the loan if I move out of my Wyoming home?
If you move out permanently or sell the home, the reverse mortgage becomes due. Michigan law gives borrowers a 12-month deferral period after the last borrower leaves the home to repay the loan or sell the property. Failure to repay may lead to foreclosure.