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Mayodan, NC Reverse Mortgage in North Carolina

If you’re a homeowner 62 years or older, consider the tax-free income benefits of a Reverse Mortgage.  Unlike a regular mortgage, with reverse mortgages the lender makes payments to you.  Mayodan, NC residents can choose to receive the money from a reverse mortgage in fixed monthly payments, a line of credit, or in a lump sum.  More than 55% of borrowers choose the line of credit, which allows you to draw from the loan at any time.

 

The amount of your reverse mortgage is determined primarily by your age and appraised home value.  To find out just how much you can get, speak to one of our Reverse Mortgage Specialists today!

Return to bad credit reverse mortgage in the state of NC

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Mayodan, North Carolina News
Suit gone; what now?

The future of a Triad tobacco manufacturer remains unclear after confirmation yesterday of a U.S. District Court judge's decision to dismiss its challenge to the landmark 1998 Master Settlement Agreement.


Students spread holiday cheer

During a season when people tend to focus on what they might receive, many people still remember the spirit of Christmas involves giving.


Madison-Mayodan Jaycees Christmas Parade is Saturday

The 2008 edition of the Madison-Mayodan Jaycees Christmas Parade is scheduled to start at 1 p.m. Saturday.


Fire marshal cautions residents operating heating equipment

Heating equipment is listed as the second leading cause of home fires across the nation.


Investing in a community resource

Investing in our libraries and consolidating the western branches in Madison and Mayodan should continue to be a priority, even during a recession - most especially during a recession.


Rockingham fire department gets grant

The Northwest Rockingham County Fire Protection Association has received a $23,592 grant through the 2008 Volunteer Fire Department Fund.


Rockingham County Salvation Army aid expected to fall short of need

Some parents don't have the money to buy gifts for their children this Christmas.


Lobbying for a prison

In terms of economic development, prisons aren't necessarily aesthetically pleasing, they certainly aren't glamorous and they attract few tourists.


The spirit of giving

More troubling than news of layoffs and economic collapse are thoughts of follow-up stories next year and beyond, as media report on displaced families and broken lives.


32 Jobs Axed At Mayodan's General Tobacco

Miami-based General Tobacco will be eliminating 32 jobs from its plant in Mayodan, the company confirmed Friday.


Regional Digest: Port City Java grinds out sales

Published: Friday, November 7, 2008 at 3:30 a.m. Last Modified: Friday, November 7, 2008 at 2:08 a.m. Wilmington-based Port City Java said Thursday that its same-unit corporate cafe sales rose 2.2 percent in ...


Stoneville man still critical after fire

A 63-year-old man remained in critical condition Friday after narrowly escaping a fire that consumed his home early Wednesday morning.


Fall festivals and Halloween fun come to Rockingham County

This weekend brings fall festivals and Halloween fun to Rockingham County. Chinqua Penn Fall Festival and Stew Day Celebrate the autumn season at Chinqua Penn Plantation's annual fall festival and stew day.


NC company sues over tobacco master settlement

A North Carolina tobacco company has sued 52 attorneys general and 19 other tobacco makers, accusing them of conspiring to quash competition through the 1998 Master Settlement Agreement.


Volunteer rescue squads save lives with tight funds

McClatchy-Tribune Information Services -- Unrestricted Middle Monte Pulliam sat inside a smoldering car on U.S. 220 South two years ago, his legs crushed under the dashboard and his left arm broken.


Autumn Creek Vineyards postpones Late Harvest Festival

Autumn Creek Vineyards at 364 Means Creek Road in Mayodan is postponing its Late Harvest Festival due to inclement weather expected this weekend.


Ahead of the pack

Early voting continued in Rockingham County on Tuesday. The mall will be open every day this week, except Sunday, from 11 a.m. to 7:30 p.m. for voters to cast their ballots.


Contracting for water

The town of Stoneville is in the final stages of deciding whether to continue its contract to buy water from Mayodan or to contract with another provider, such as Dan River Water Inc.


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