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Armada, MI Reverse Mortgage in Michigan

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.  Armada, MI 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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Armada, Michigan News
Fewer people enter produce competitions at Michigan State Fair

According to a banner in the agricultural building at the Michigan State Fair, there are nearly 50,000 farms with 100,000 full- and part-time workers in Michigan.


2 Southeast Michigan hospitals make 100 most improved hospital list

Three hospitals in Southeast Michigan have made a national list of the 100 most improved hospitals in 2007.


'Extreme Makeover' may build local home

The hit ABC TV show 'Extreme Makeover: Home Edition' is considering building a new home for one of five mid-Michigan families, its executive producer said Friday.


Library limits non-residents' access to SLC items

Troy residents may find it's now easier to locate items in the Troy Public Library collection, as well as items available through the Suburban Library Cooperative, of which Troy is member.


Capac's Vandemark earns AD distinction

Arnie Vandemark has been busy in his three years as the Capac High School athletic director.


Abundant peach crops available through August; apples coming soon

Despite plenty of rainfall earlier in the year, Kevin Bowerman said he didn't expect anything spectacular out of his peach crop this year.


Voters reject incumbents

Several incumbent township supervisors facing Election Day opposition took it on the chin Tuesday from angry voters.


Accavitti will challenge Haase in 32nd District

John Accavitti, an intelligence analyst who lives in Armada, will be the Republican candidate in the race for state representative for the 32nd District.


Armada Fair brings the fun

The 136th annual Armada Fair kicks off Tuesday with a series of events that will last the whole weekend and emphasize family fun.


Townships to pay half for bridge replacement

The Macomb County Board of Commissioner's recent vote to cancel the Macomb County Bridge Program has left 10 bridges throughout the county without a definite plan to be replaced.


470 candidates crowd Tuesday's ballot

Macomb County voters head to the polls Tuesday with a lot of civic duty on the line: nominate candidates for state, county and township offices; decide tax and bond issues; and take the first step toward ...


Armada schools approves hiring new HS principal

As its July 15 organizational meeting, the Armada Board of Education approved the appointment of Phillip A. Jankowski as Armada High School principal.


Armada schools approves hiring new HS principal

As its July 15 organizational meeting, the Armada Board of Education approved the appointment of Phillip A. Jankowski as Armada High School principal.


Residents say smoking ban would hurt business

Published at PO Box 96 124 W. St. Clair Romeo, MI 48065. Phone: 752-3524 Fax: 752-0548 Updated Wednesday, July 09, 2008 at 3 PM EST SMOKING OR NON? Above, Tina Batz of Armada, right, enjoys a cigarette during ...


9-year-old drowns in Ray Township

Tragedy struck Ray Township last week as a 9-year-old boy drowned in his grandparents' pond.


Washington will not share in cost for bridge repair

In a recent vote by the Macomb County Board of Commissioners, 10 Macomb County bridges from Armada to Chesterfield have been cancelled from the Macomb County Bridge Program.


9-year-old boy pulled from pond in Ray Township

Authorities pulled a 9-year-old boy from a pond near 27 Mile and Romeo Plank in Ray Township earlier this afternoon, police said.


David Sutton was a three-sport athlete

David Sutton was a three-sport athlete at Armada High School but there was always one sport he enjoyed the most.


Armada's Sutton heads to Concordia

David Sutton was a three-sport athlete at Armada High School but there was always one sport he enjoyed the most.


NEW! Zebelian named new football coach at Brown City

Mark Zebelian left coaching a little sooner that he really would've liked. Now he will return to the football sidelines this fall at Brown City.


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