Shop for the best reverse mortgage deals in Oak Park, Michigan.
Meet David Blatt
Reverse Mortgages of Michigan
David Blatt and Reverse Mortgages of Michigan are among Detroit’s very best teams when you need to know more about these incredible loans, from Royal Oak to Dearborn Heights and across Oakland County.
David has been selling loans for more than 30 years and is a veteran of the business.
And for more than half of that time, he has been devoting his energy to helping Michigan seniors remain in their own homes with life-changing reverse mortgages.
David knows what makes Baby Boomers tick. He understands their concerns, wants and needs when it comes to financial security and independence.
He brings to the table quality trustworthy and friendly advice and will do everything in his power to ensure his clients achieve their financial goals.
His team works hard to help all Michigan residents in need including applicants who have credit issues along with self-employed individuals who are finding it difficult to be granted housing loans.
What is a reverse mortgage?
A reverse mortgage is one of the great loan products on the market you simply have to consider.
That’s because it has been transforming the lives of seniors who have their home as a major asset but are struggling for a regular or big enough income stream.
A reverse mortgage allows homeowners to unlock the equity they have in their homes, directing dollars back into their pockets, so they can allay any fears of having to sell their homes.
As long as you are 62 years of age, you can apply for this incredible deal.
Successful applicants can be paid in many different ways including a line of credit which provides great financial flexibility, monthly payments or even one nice, big lump sum.
The real power of a reverse mortgage loan is that as long as the terms of the loan are met, there is no need to repay it until either the homeowner sells the residence or the last surviving borrower passes away.
It means retirees can start thinking about how to enjoy their retirement by taking that vacation, investing in their home or spending a few more dollars on entertainment.
Housing prices are rising all across the country and Oak Park has seen a very handsome climb of 19.2 percent over the last year to an average of $213,555. (https://www.zillow.com/oak-park-mi/home-values/)
There are already 2699 people in and near Oak Park enjoying the benefits of a reverse mortgage - 49 of them have signed up within the last 12 months.
About Oak Park, Michigan
Oak Park was settled in 1914 when the Royal Oak Township sold land to the Majestic Land Company. The subdivision was so named for its abundance of oak trees.
It was incorporated as a village in 1927 and a city in 1945 and from 1950-1960, Oak Park was named “America’s Fastest Growing City”.
Its population in that time increased more than 700% from 5000 to 36,000. Much of the growth was attributed to European immigrants and the city remains and is proud of its rich cultural diversity today.
Contact your Oak Park reverse mortgage lender today
David Blatt and his team at Reverse Mortgages of Michigan are waiting for your call if you are seeking financial freedom in retirement.
Buying a reverse mortgage may sound intimidating but David makes the whole process simple and pain-free.
Call David today on (800) 318-8000. It’s a no-brainer!
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