Welcome To Our Michigan Reverse Mortgage Resource Center

A Reverse Mortgage can offer you so many wonderful benefits, but it’s vital that you understand exactly how it works. You must understand the pros and cons to be sure this loan is right for you and matches your current needs.

You’ll find the education you need right here so you can make an informed decision. However, if you have any other questions or any concerns at all, please contact us and we will make sure you completely understand everything you need to know. We are here to help you. Please don’t hesitate to call or email us.

Benefits of Reverse Mortgages

  • To be closer to your family
  • Enjoy year round warmer weather
  • Lower your cost of living
  • To address health concerns
  • Have a home that fits your needs perfectly

Michigan Home Owners
Basic Eligibility Requirements

  • Must own property in the US and occupy it as a primary residence
  • Must be 62 years old or older 
  • Property must meet federal appraisal standards

Here are a few ways you can use the proceeds from your Michigan Reverse Mortgage:

  • Invest in long-term care insurance so you will be secure for life
  • Buy an investment home
  • Pay off bothersome debt
  • Use for estate planning
  • Add to or use for an investment portfolio
  • Receive a monthly payment
  • Establish a line of credit to use when needed
  • Purchase a recreational vehicle
  • Take a vacation
  • Basically, whatever your need may be.

With any of the options above, you can set it up so that you never have to make another mortgage payment as long as you live in the home.

Please…read over all the information we have provided for you on this website.

And, if you have any questions at all, call us at 734.238.3MTG (684) or email us. We will get back to quickly.

If you are ready to get started, you can fill out our Quick No-Obligation Quote Form Here

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Photo of Peggy Wilson

University Lending Group

Peggy Wilson
Reverse Mortgage Specialists 

Email: pwilson@university-lending.com

Phone: 734.238.3MTG (684)

We hope this site has been helpful.

Please contact us at 734.238.3MTG (684) with any questions or to setup a free consultation. If you would like to request a quote , please complete our Free No-Obligation Reverse Mortgage Quote Form Here.

We look forward to helping you determine if a Reverse Mortgage is right for you.

NMLS #133950
Michigan Home Loans

Notice: This is a privately owned and maintained web site and is not a government agency. 
This site is not affiliated, endorsed or a division of HUD or FHA. If you are looking for FHA or HUD, you may contact them here

All information contained herein is for informational purposes only and, while every effort has been made to insure accuracy, no guarantee is expressed or implied. Any programs shown do not demonstrate all options or pricing structures. Rates, terms, programs, and underwriting policies are subject to change without notice. This is not an offer to extend credit or a commitment to lend. All loans are subject to underwriting approval. Some products may not be available in all states and restrictions apply.
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