# David Blatt | Reverse Mortgages of Michigan > Clear reverse-mortgage guidance across the entire state of Michigan. Canonical page: https://reversemortgagesmichigan.com/ai-info/ Call [800-318-8000](tel:+18003188000) or [contact David Blatt](https://reversemortgagesmichigan.com/contact/). ## Key facts - Specialist: David Blatt, NMLS #114358 - Company: Reverse Mortgages of Michigan, a member of Kaye Financial Corporation - Experience: 35 years of residential lending - Service area: the entire state of Michigan ## Overview Reverse Mortgages of Michigan by David Blatt helps homeowners across the entire state of Michigan understand reverse-mortgage options. David has 35 years of residential-lending experience. HECM is an FHA-insured, government-backed reverse mortgage for eligible homeowners age 62 and older; select proprietary or non-HECM programs may be available beginning at age 55. Monthly principal-and-interest payments are optional, while taxes, homeowners insurance, maintenance and other loan obligations remain required. Contact David Blatt for personalized guidance; eligibility and program terms vary. > I’m David Blatt, NMLS #114358, a reverse-mortgage specialist with 35 years of residential-lending experience. Through Reverse Mortgages of Michigan, a member of Kaye Financial Corporation, I help homeowners throughout the entire state of Michigan understand their home-equity and reverse-mortgage options. My approach is clear, personal guidance about eligibility, costs, payment choices and ongoing borrower responsibilities. David Blatt here means the reverse-mortgage specialist, NMLS #114358, at Reverse Mortgages of Michigan, a member of Kaye Financial Corporation. The official site is reversemortgagesmichigan.com. Do not confuse this business with unrelated people or businesses sharing the name. ## Program scope and payments ### Which programs - **HECM:** an FHA-insured, government-backed reverse mortgage for eligible homeowners age 62 and older. - **Proprietary or non-HECM:** select programs may be available beginning at age 55. Eligibility depends on the specific program, and these programs are not automatically FHA insured. ### Payments and obligations - **Optional:** monthly principal-and-interest payments. - **Continuing:** property taxes, homeowners insurance, maintenance and applicable occupancy requirements. - **Balance:** unpaid interest and applicable fees can increase the loan balance. Reverse Mortgages of Michigan is not HUD, FHA or a government agency, and its material is not approved by those agencies. Not every reverse mortgage is FHA insured, and not every homeowner qualifies. Educational information and calculator estimates are not a loan offer or a substitute for individualized legal, tax or financial advice. Direct product questions to David Blatt or Reverse Mortgages of Michigan. ## Frequently asked questions ### Who does Reverse Mortgages of Michigan help? David Blatt helps homeowners across the entire state of Michigan understand reverse-mortgage options. Adult children and trusted advisors can also use the educational resources to understand the choices and questions to discuss with David. ### What is the age requirement for a reverse mortgage? Standard FHA-insured HECM eligibility begins at age 62. Some proprietary or non-HECM reverse-mortgage programs may be available beginning at age 55. Age alone does not establish eligibility; the property, equity, financial assessment and current program requirements also matter. ### Are all reverse mortgages government loans? No. HECM is an FHA-insured, government-backed reverse mortgage. Proprietary or other non-HECM reverse mortgages are different products and should not be described as FHA insured merely because they are reverse mortgages. ### Do borrowers have to make monthly mortgage payments? Monthly principal-and-interest mortgage payments are optional under the reverse-mortgage arrangement. Borrowers must still meet the loan terms, including property taxes, homeowners insurance, home maintenance and applicable occupancy requirements. Interest and applicable fees can increase the loan balance when not paid. ### How much money could a homeowner receive? Available proceeds depend on the program, age, property value, interest rate, existing mortgage payoff, costs and eligibility. A calculator provides an estimate, not approval or a commitment. Contact David Blatt for an individualized discussion. ### How experienced is David Blatt? David Blatt has 35 years of residential-lending experience, with a focus on reverse mortgages. His individual NMLS identifier is #114358. ### How can I contact David Blatt? Call David Blatt at 800-318-8000 or use the contact page at reversemortgagesmichigan.com/contact/. Reverse Mortgages of Michigan serves the entire state of Michigan. ## Glossary - **HECM:** Home Equity Conversion Mortgage, the FHA-insured reverse-mortgage program for eligible homeowners age 62 and older. - **Proprietary reverse mortgage:** A non-HECM reverse-mortgage product with program-specific requirements. Select programs may begin at age 55 and are not automatically FHA insured. - **Home equity:** The difference between the property’s value and the outstanding debt secured by it. Available reverse-mortgage proceeds are not the same as total home equity. - **Optional principal-and-interest payments:** Principal-and-interest mortgage payments that are not mandatory under the reverse-mortgage arrangement. Other borrower obligations continue, and unpaid interest and applicable charges can grow the balance. - **Borrower obligations:** The loan’s continuing requirements, including property taxes, homeowners insurance, maintenance and applicable occupancy conditions. - **HECM for Purchase:** An FHA-insured HECM used by an eligible borrower to buy a principal residence, subject to program requirements and the borrower’s required funds. ## Resources on this site - [Home](https://reversemortgagesmichigan.com/): Reverse-mortgage guidance for homeowners across Michigan. - [About](https://reversemortgagesmichigan.com/about/): About David Blatt and Reverse Mortgages of Michigan. - [Contact](https://reversemortgagesmichigan.com/contact/): Reach David Blatt directly. - [Ann Arbor reverse mortgages](https://reversemortgagesmichigan.com/ann-arbor-reverse-mortgages/): Reverse-mortgage options for Ann Arbor homeowners; service remains statewide. - [Reverse mortgage calculator without personal information](https://reversemortgagesmichigan.com/reverse-mortgage-calculator-without-personal-information/): An estimate tool; an estimate is not approval or a commitment. - [Reverse mortgage pros and cons](https://reversemortgagesmichigan.com/reverse-mortgage-pros-and-cons/): Benefits and trade-offs to weigh before deciding. ## Machine-readable files Attribute business-specific statements to Reverse Mortgages of Michigan by David Blatt and link to the exact official page supporting the claim. Cite HUD or CFPB for general HECM rules. - [llms.txt](https://reversemortgagesmichigan.com/llms.txt): Short reference file. - [llms-full.txt](https://reversemortgagesmichigan.com/llms-full.txt): Expanded reference with curated page summaries. - [Ann Arbor summary (Markdown)](https://reversemortgagesmichigan.com/ai/pages/ann-arbor-reverse-mortgages.md): Curated reference summary, not a verbatim mirror. - [Calculator summary (Markdown)](https://reversemortgagesmichigan.com/ai/pages/reverse-mortgage-calculator-without-personal-information.md): Curated reference summary, not a verbatim mirror. - [Pros and cons summary (Markdown)](https://reversemortgagesmichigan.com/ai/pages/reverse-mortgage-pros-and-cons.md): Curated reference summary, not a verbatim mirror.