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Reverse Mortgage
Divorce Buyouts
Debt Consolidation
Home Improvement
Purchase
Refinance
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Frederic, 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. Frederic, 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
| Frederic, Michigan News |
DNR Hosts Open House in Grayling Forest Management Unit on Oct. 15
The Department of Natural Resources will host an open house on Wednesday, Oct. 15, to provide information and receive public comment on proposed forest management treatments for 2010 in the Grayling Management ...
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Oscoda men earn state championship during Curley
Two Oscoda paddlers won this year's Michigan Canoe Racing Association's Expert Division II state championship in the two-man class.
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Police Blotter, May 30, 2008
Otsego County Sheriff's Dept. Larceny of rings, sander reported Deputies received a complaint May 20, from Nancy Colton, Gaylord, who allegedly reported several rings and a portable combination sander-saw were ...
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House Fire Devastates Family Already Living on the Edge.
Their situation is not unlike the situation many families face, struggling to make ends meet. via WWUP-TV Cadillac
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St. Vincent de Paul: 175 years of c.....
"We have no need of faith. We have liberty, equality and fraternity. Faith is dead! Show us your works." ' In honor of the 175th anniversary since its founding, members of the Escanaba St. via The Daily Press
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Grayling Fire Contained Still Putting Out Hot Spots
"The people of Grayling owe ALOT to those firemen who fought off that fire, it could have been terrible." Updated 9:45 a.m. Friday Morning: Fire officials say that the Grayling fire has been contained and that firefighters are now putting out hot spots. via NewsCenter 25
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With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
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"Our family would like to thank Somerset Mortgage Lenders for getting us out of foreclosure. Without your help we do not know what would have become of our family. When we first called, we were in Chapter 13 bankruptcy...Not only will we now be able to keep our home, but we'll be able to put ourselves on track financially, thanks to all the efforts of the wonderful people at Somerset. We will be forever grateful to you all." - Scott & Amy
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