Canton Reverse Mortgages

Canton, Michigan Reverse Mortgage Lender

Looking for trusted guidance on reverse mortgages in Wayne County? David Blatt and Reverse Mortgages of Michigan are your team. With over 30 years of experience, David specializes in helping seniors across the region, from Ann Arbor to Taylor, live comfortably in their homes.

David understands the financial needs of Baby Boomers approaching retirement and is dedicated to providing friendly, personalized service with competitive rates and fees. His team goes the extra mile, even assisting applicants with credit challenges and offering a program specifically designed for self-employed individuals who face difficulties with traditional bank loans.

While a reverse mortgage might seem daunting, David simplifies the process, making it worry-free and straightforward. He’ll guide you through every step with clarity and ease.

What is a reverse mortgage?

A reverse mortgage can be a game-changer for homeowners 62 and older. Worried about selling your cherished home to access cash? This innovative loan allows you to tap into your home equity and stay put, eliminating the stress of a move. Reverse mortgages offer flexibility in how you access funds, including a convenient line of credit. The real beauty lies in the repayment structure – there’s no requirement to pay back the loan until you sell your home or the last surviving borrower passes away, as long as you meet the loan terms. It’s a smart way to turn your home into an asset that works for you, not the other way around.

The housing market in Canton is thriving, with property values exceeding the national average. In the past year alone, prices have climbed over 13%, reaching an average of $344,637 (source: https://www.zillow.com/canton-mi/home-values/). With over 700 residents already benefiting from reverse mortgages, including 23 new customers in the last year, it’s clear that Canton homeowners are finding this program valuable.

About Canton, Michigan

Canton, named after the historic Chinese city of Guangzhou, boasts a unique location nestled directly between Detroit (eight miles east) and Ann Arbor (eight miles west).

This vibrant township is Michigan’s second-largest, with a population of nearly 100,000 residents.

Canton consistently ranks among the safest cities in both the state and the nation, even achieving the 29th safest city designation in the US in 2015.

Beyond safety, Canton offers a wealth of amenities. Acres of parkland, including Pheasant Run and Fellows Creek golf courses, provide ample green space.

Shopaholics will delight in the diverse retail options, including the state’s only IKEA, while a variety of restaurants cater to every palate. The convenient proximity to Detroit Metro Airport adds another layer of appeal to this desirable township.

Contact your Canton reverse mortgage lender today.

David Blatt and Reverse Mortgages of Michigan are looking forward to sharing with you their knowledge about reverse mortgages.

For some quality advice on the subject, please call David today on (248) 763-1438.