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Elwood, IN Reverse Mortgage in Indiana

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.  Elwood, IN 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!

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Elwood, Indiana News
ISTEP: Elwood sees mixed results

Tenth grade World History teacher Leslie Corcoran helps Holly Dauenhauer as the class studies class study the rise of Christianity in the Roman Empire Thursday at Elwood High School.


Man gets over 100 years in sex case

A former Elwood resident was sentenced to more than 100 years in prison on Tuesday for molesting a girl for several years.


: Church brings Nativity story to life

The Three Kings, or Magi, arrive to see Joseph, Mary and baby Jesus in the manger.


: Today's prep basketball scores

Here are today's Madison County area high school boys and girls basketball scores, as reported to The Herald Bulletin: GIRLS North Central 63, Anderson 44 Pendleton Heights 64, Shelbyville 24 Tipton 52, ...


SAF-T-AID: Layoff a blessing in disguise

Allen Traylor, president of Saf-T-Aid, bought the business from Robert and Carolyn Knotts back in September of this year.


SAF-T-AID: Elwood firm has 'vested' interests

What started as a small family operation triggered by a string of layoffs at an Elwood manufacturing facility has blossomed into a business on the verge of expansion in a time when others are downsizing or ...


Washington Street: A little of both

One of the town's main thoroughfares, Washington Street is an easy blend of businesses and residences - and in at least one case, it's one and the same.


Two Elwood women caught in PREF trafficking attempt

Two women were caught trying to smuggle contraband into the Plainfield Re-Entry Educational Facility on Sunday.


Nov. 22: County food inspections

Reports from the Madison County Health Department, based on recent inspections of restaurants and other places that serve food.


Sessions to help with Medicare Part D sign-up

YORKTOWN -- LifeStream Services will offer a series of Medicare D sign-up sessions through the end of December to help local residents sign up for the federal government's prescription drug component for those ...


Program will provide books

The Elwood Chamber of Commerce is coordinating a program for both Edgewood and Oakland elementary schools that would provide each student with three new books to take home this school year.


Police reports - Tuesday, Nov. 11, 2008

Howard County Arrests Thursday, 10 a.m., deputies arrested Cassie Eades, 21, Tennessee, in Nashville, Tenn., on a warrant for failure to appear.


: Schools seek to control transfers

Like school superintendents across Indiana, Jim Willey is hoping to control an unintended outcome of property tax reform that potentially could handicap classrooms.


: Firefighters learn how to strike ethanol fires

Area firefighters learned firsthand on Sunday that conventional firefighting methods will do little to stop a blaze if fire ever breaks out at the Poet Biorefining ethanol plant in Alexandria.


: Everling found guilty in molestation

It took a jury of eight women and four men slightly more than four hours Thursday to find a former Elwood resident guilty of sexually abusing a girl.


: Four vie for commissioner seats

The four candidates vying for the two open county commissioner seats in Tuesday's election include a retired Air Force master sergeant, a grain farmer, an administrator and a Marion County sheriff's deputy.


on Your Street: Noisy P Street offers convenience

With a school, businesses, several churches and houses ranging from mobile homes to large estates, P Street is a cross section of life in a small town.


: Volunteers prepare homes for winter

Residents in four Madison County communities can keep warm this winter with less fear about how their comfort will affect their wallets.


: Elwood schools resolve mold complaint

An independent inspector has given Elwood Community High School an all clear after a complaint concerning mold at the school was filed with the state.


UPDATE: Pursuit of Indianapolis man ends with taser near Alexandria

A routine traffic stop caused an Indianapolis man to lead police from six departments on a two-county chase that ended near Alexandria with the suspect being tasered.


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