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Dearborn, 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.  Dearborn, 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!

Return to reverse mortgage in the state of MI

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Dearborn, Michigan News
Most council members planning to run in '09

Four-term Dearborn City Councilman Mark Shooshanian said with a smile he intends to make a run at another term on the dais when election season rolls around next fall.


P.F. Chang's to open Monday in Dearborn

Dearborn gets a bit more flavor on Monday with the debut of its first P.F. Chang's China Bistro.


Council may look at paid-parking alternatives

Dearborn Community Chamber of Commerce Executive Director Jennifer Giering stepped in front of the Dearborn City Council Monday night with a plea that would aid West Dearborn businesses she says are being ...


Dearborn presents plans for train stop

Dearborn city officials presented plans Tuesday for a rail passenger intermodal station that is to be a stop on the Ann Arbor to Detroit commuter rail line and a new home for the city's Amtrak station.


Ford offers pricing, financing incentives

DEARBORNFord Motor Co. said Tuesday it will offer employee pricing, zero percent financing and cash incentives on a variety of its vehicles in a move to boost interest in its vehicles amid one of the worst ...


Longtime Congressman discusses thoughts on future

John Dingell, who represents Dearborn's 15th District in the Michigan House of Representa-tives, is currently the Dean of the House of Representatives.


City files suit against Sunoco following gas leak at DPW yard

The city has spent $260,000 to clean up gasoline-contaminated soil at its public works yard on Greenfield south of I-94 and now wants to recoup those funds.


JFK automobile displayed in Dearborn

Time stopped on a November afternoon 45 years ago. And the car in which it happened has come to a stop itself, not far from here.


Thank you, veterans

Photos by Millard Berry and courtesy city of Dearborn Heights Frank Carmichael, with the Dearborn Allied War Veterans Council, is mobbed by Lowrey Elementary School students on Tuesday while handing out spent ...


Elderly Woman Attacked in Dearborn

An elderly woman was pistol whipped Friday morning in Dearborn. It happened at the intersection of Hubbard and Schlaff.


Arab Film Festival in Dearborn showcases 'Slingshot Hip Hop'

ARAB FILM FESTIVAL: Young Palestinians living in Israel, Gaza and the West Bank use hip-hop as a way to transcend reality in "Slingshot Hip Hop," showing at 7:20 p.m. Pictured are DAM, a Palestinian hip-hop ...


Dearborn man faces trial for attempted theft

A Dearborn man has been ordered to stand trial on six felony charges stemming from an attempt to steal a cash register from a Garden City restaurant.


DPS implements program to ensure students graduate

First-year Dearborn Public School District Superintendent Brian Whiston established a long list of goals upon entering the district.


Dearborn woman says she may lose home due to slip and fall; city says her attorney delayed process

Detroit-based Attorney D. Rick Martin has filed a $25 million complaint against the city of Dearborn on behalf of Dearborn resident Maria Gavrau, 61, alleging negligence on the city's part after Gavrau on April ...


Orville Hubbard -- the ghost who still haunts Dearborn

A few years after taking office in 1942, Hubbard started attracting national publicity as a controversial administrator with a strange sense of humor.


Levin visits HFV, voters

U.S. Sen. Carl Levin speaks to the Henry Ford Village Resident's Associa-tion Monday about Medicare and Social Security issues.


Jr. City Beautiful members named

Dearborn's 46th annual City Beautiful Commission City/School Partnership Breakfast took place on Oct.


Dearborn, Heights electors vote heavy Democrat

DEARBORN/DEARBORN HEIGHTS - Sixty-five percent of the 42,206 Dearborn residents - or 27,253 voters - who cast ballots in Tuesday's Presidential Election helped elect Democrat Barack Obama as the United States' ...


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