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Tower, 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.  Tower, 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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Tower, Michigan News
Cheboygan Boy Scouts Clean Up Trails at Historic Mill Creek Discovery Park Oct. 4

Boy Scouts of Cheboygan Troop 1240, as part of the Scenic Trails Council Northern Trails District 2008 fall camporee, is participating in a service project to clean and resurface trails at Historic Mill Creek ...


Man Arrested And Tasered After Running From Police In Cheboygan County

Hide Video Troopers tased a man in Cheboygan County after he tried to run away during an arrest.


Cheboygan County Fisherman's Body Found

The search for a missing fisherman in Cheboygan County has come to a sad end. Stan Bandish was last seen around 8:30 Thursday night on Kleber Pond near the Black River that runs through Tower in Cheboygan ...


Search Continues for Missing Man in Cheboygan County

Stan Bandish went fishing on Kleber Lake near Tower in Cheboygan County around 8:30 last night.


Video Glyph

It was a somber atmosphere with an overwhelming crowd of family, friends and police colleagues paying their final respects to a well respected State Trooper, Blair DuVall.


Week In Review:

The Benzie County Sheriff's Department won't have to rehire a corrections officer fired nearly two years ago for fraternizing with a female inmate, an arbitrator ruled.


Black River to host new sturgeon facility

A new rearing facility for lake sturgeon will be built on the Black River in Cheboygan County in an effort to grow the threatened fish's population.


DNR and Tower Kleber Limited Partnership Announce Groundbreaking for...

Department of Natural Resources fisheries officials today announced a northern Michigan hydropower producer will build a streamside sturgeon rearing facility on the Black River as part of ongoing efforts to ...


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