Home » Reverse Mortgage » Michigan » Farmington

Farmington Reverse Mortgage Lenders

SeniorHomes.net has partnered with some of Oakland County's top reverse mortgage lenders helping Farmington seniors with an additional financial option. While a reverse mortgage may not be everyone, the loan can be a great retirement tool if properly understood. Talk with one of our advisors serving Farmington and see if a reverse mortgage, also referred to as a HECM, is right for your situation.

Calculate Your Eligible Reverse Mortgage Amount

Step 1) Property Information

Estimated Value of Home?

Estimated Mortgage Balance

What is the age of the borrower?

Address

Postal Code

Step 2) Contact Info

Your First Name

Your Last Name

Phone

All information is kept confidential.

By submitting this request for information, I hereby provide my signature, expressly consenting to receive information by email, auto-dialer and/or pre-recorded telephone calls, and/or SMS messages from or on behalf of SeniorHomes.net and its fulfillment partners and may agree to receive other offers on my telephone number I provided above, including my wireless number, even if I am on a State or Federal Do-Not-Call list. I understand consent is not a condition of purchase and that I may revoke my consent at any time.

Reverse Mortgage Company in Farmington

The requirements are relatively simple when compared to a traditional mortgage.

Homeowner 62 or older (if multiple borrowers, at least one must be 62)
Property must be a single family home or a 2-4 unit home with the borrower living in one of the units.
Take a HUD approved course about reverse mortgage

Important Information: Reverse Mortgages are neither "endorsed" nor "approved" by the Federal Government. The FHA (Federal Housing Administration) provides certain insurance benefits for lenders and borrowers in connection with the lender’s HECM loans; the FHA does not make or originate loans. It is strongly advised that you consult with your family and / or trusted financial planner when considering any reverse mortgage loan.