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. ME 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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The state's subsidized Dirigo Health insurance plan has run up nearly a $20 million deficit since November - a shortage that has just come to light even though funding for the program has been a topic of heated ...
Animal welfare advocates have been given more time to pre-sell vanity license plates that aim to benefit Maine's cash-strapped Animal Welfare Program.
A 50-year-old man charged in the fatal stabbing of a friend in Maine was returned to jail after making his initial court appearance Wednesday.
AUGUSTA : The state has recouped its money from a bad $20 million investment in a mortgage-backed fund, after the broker that sold it to the Treasurer's Office essentially agreed to buy it back last week.
The chief architect of a failed 2003 referendum to allow a casino in southern Maine isn't keen on a ballot measure this November asking voters if they want a casino in the western part of the state.
AUGUSTA : Gov. John Baldacci has begun an experiment that would allow state employees to work flexible schedules - ' including four-day work weeks of 10-hour days and some telecommuting from home - ' to help ...
This quiet mill town on the edge of Maine's northern wilderness has not been the same since it buried Joyce McLain 28 years ago.
Mainers along the state's southern coast will notice it's a little noisier than usual.
Southbound traffic's going to be heavy as holiday weekend tourists head out of Maine.
Maine on Monday joins other states and Canadian provinces that have made it illegal to smoke in a car while children are present.
Prominent Mainers attending the Democratic National Convention on Tuesday played down questions of party unity as delegates waited to see how long it takes for Hillary Rodham Clinton delegates and supporters to ...
Maine Republicans respond to McCain's VP choice Sen. Susan Collins speaks Friday with Ernie and Judy Gelinas of Surry while making a campaign stop on her statewide bus tour at the Blue Hill Fair.
Saying he had learned of Prime Tanning's intent to shut down its Berwick facility, Maine Gov.
AUGUSTA : The scramble at the State House to do something to help Mainers with what are expected to be skyrocketing home heating bills this winter is creating a lot of rhetoric, but not a lot of cash - ' the ...
Researchers are recruiting students in Maine and New Hampshire to participate in a study evaluating arsenic's effect on children's intellectual development.
A Brunswick man has been arrested in connection with a racially charged e-mail sent to Gov.
Workers have completed the exhumation of the body of a teenage girl killed 28 years ago as internationally renowned forensic experts Dr.
Representative Tom Allen spoke on Wednesday at the Democratic National Convention in Denver, Colorado.
AUGUSTA : The state's new superintendent of insurance has rejected claims she is prejudiced in favor of the governor's subsidized DirigoChoice insurance plan and will not step away from presiding over a hearing ...
Spokesman Perry Grueber said Monday that the No. 10 paper machine targeted for permanent shutdown in Jay makes paper that's used in the backing for adhesive labels.