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Ferndale, 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.  Ferndale, 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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(800) 675-9783

Ferndale, Michigan News
Two face charges in enrollment of boy who brought gun to school

FERNDALE A retired Oak Park educator and member of a nonprofit community drug prevention group face a court hearing this week on charges she and her son fraudulently enrolled a boy who brought a loaded handgun ...


City to discuss millage at Dec. 15 meeting

What is a millage proposal to one commissioner is a cost estimate to another. And as more fiscal bad news trickles in, the Royal Oak City Commission will review on Dec.


Group seeks funding to create plan for Royal Oak bike lanes

A bicycle task force formed in the city is searching for funding to pay a consultant to create Royal Oak's first non-motorized transportation plan.


AIDS prevention groups to merge

The Midwest AIDS Prevention Project in Ferndale and the Grand Haven-based Michigan AIDS Fund plan to merge in January.


Sighting turned teen into more than face in the crowd

Rosie O'Donnell spotted Cass Tech senior Philip Johnson in a Detroit restaurant.


Weekend preview: Puppets get bawdy at the Fisher; Rockettes kick it at the Joe

See puppets behaving badly during the hilarious, and very adult, Tony Award-winning Broadway musical "Avenue Q" at the Fisher Theatre.


Thanksgiving's eve is one of the busiest nights for bars

The night before Thanksgiving is touted as the biggest bar night of the year. Everyone's back home gearing up for Turkey Day and excited to reunite with hometown friends.


Editorial: Ferndale's University High deserves praise, not attacks

Ferndale's University High School has been an unqualified success at getting students ready for college.


Ray Blush, left, provides resume assistance at the Job Seekers Networking Group in Brighton.

It's shortly after noon on a crisp Friday and a steady stream of unemployed Metro Detroiters flows in and out of the Michigan Works! Employment and Resource Center in a strip mall on Nine Mile in Ferndale.


Algonac right to go back to square one

It's always unfortunate to watch things go wrong for people who seemingly are doing everything right.


Detroit's Death will live again in February

And Death lives on. The rebirth of Death, a Detroit-based garage punk band from the '70s, will occur by way of an album release set for February -- 34 years after it was originally recorded.


Improv Theater Set to Open in Ferndale

We can all use a good laugh these days, and now a new comedy venue in Ferndale may be just what the doctor ordered.


Ferndale Students Report Being Followed

The community of Ferndale is on alert after two high school students reported being followed for several blocks by two men on their way to school on Nov.


Improv theater to open in Ferndale

The new Go Comedy! Improv Theater opens for funny business Wednesday in a former Secretary of State office in Ferndale.


Saturday soirees are to raise money for Habitat for Humanity of Oakland County

On Saturday afternoon in Rochester, Shaina and Robb Allen will turn their garage into a sports bar, with a tent attached to accommodate 100 people who have RSVP'd for their party and dozens more they don't even ...


Assistance From The Salvation Army

The Salvation Army Royal Oak Corps is now accepting applications for Thanksgiving and Christmas assistance.


State House races favor Democrat, incumbents

Democrat Ellen Cogen Lipton will take the 27th District state House seat left vacant by term-limited Andy Meisner.


Lines don't faze Royal Oak, Ferndale voters turning out for change

An unseasonably warm and bright November morning found Ferndale resident Bob Ivory standing in line outside the Kulick Center Tuesday.


MDOT to hold public information meetings regarding the Detroit...

MDOT to hold public information meetings regarding the Detroit Intermodal Freight Terminal Study WHAT: The Michigan Department of Transportation is conducting public information meetings at three locations in ...


Wolfman Mac creeps into Ferndale, Pontiac

You can experience the fuzzy face and bad puns each weekend on 'Wolfman Mac's Nightmare Sinema' TV show.


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