Algonac, 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. Algonac, 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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| Algonac, Michigan News |
Drug Task Force arrests 11 in St. Clair Township
The St. Clair County Drug Task Force arrested 11 people and seized $15,923 in money and property in a Friday night raid in St.
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Veterans honor civil war hero
A special stone engraved with Civil War veteran Oliver Ar-pe-targe-zhik's name was added to the front of a Walpole Island monument to Tecumseh according to Winston Jacobs, the president of the Walpole Island ...
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Customs and border patrol increase security in Algonac
Algonac will soon have increased security along its borders, thanks to the U.S. Customs and Border Protection.
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Algonac High unearths 1979 time capsule for 2009 students
The music group ABBA had new songs on the radio, toothpaste cost 94 cents, and Bob Hope graced the cover of TV Guide's September issue when an Algonac High School social studies class created a special gift for ...
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Algonac hires city manager
It took months, but Algonac finally has a contract for a city manager. Patrick Burelle will take the position on January 5. The Algonac City Council originally offered the job to Burelle, a city administrator ...
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Volunteer for the Salvation Army
The Salvation Army in Port Huron needs bell-ringers to cover 15 locations during the holiday shopping season.
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Deer hunters share stories
Jeff Hicks, 17, of Wayland, was standing up to stretch when he saw a 6-pointer. Press Photo/Cory Olsen Elly Kruko, 21, of Hastings, had a couple difficulties at first, but came away with a nice doe.
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Marysville unlikely to join area effort promotion
Cities along the east coast of Michigan's Thumb, from Algonac to Port Austin, will be investing in a bigger, better-funded Discover the Blue advertising campaign for 2009.
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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.
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Report: Roads need revenue
Advocates of spending more on Michigan roads said Monday the Legislature has enough time before year's end to raise vehicle registration fees and possibly reconfigure the 19-cents-a-gallon gasoline tax.
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New recruits above monthly minimum
Recruitment levels have stayed steady, but exceeded expectations in recent years, Staff Sgt.
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Night of the Pumpkin Lighting
WHEN: 7:30-8:30 Friday, Oct. 24, and Saturday, Oct. 25 WHERE: Foxfire Farm Country Store and Floral Shop, 8061 Marsh Road, Algonac PARKING: Store parking lot MAJOR ACTIVITIES: More than 100 carved ...
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Machine has trouble in Port Huron's seventh precinct
10:12 a.m.: At about 9:45 a.m., the ballot counting machine at Port Huron's Precinct 7, 828 Lapeer Ave., stopped working.
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Algonac City Council race still undecided; Martin, Meldrum, Amiels and Bayly in lead
With only two of the city's three precincts counted, results for the Algonac City Council election weren't available at press time late Tuesday.
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People making news
Fifth Third Bank has named Gene Kempski as financial center manager of Fifth Third's new Wayne State University banking center, at 4501 Woodward in Detroit.
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Suicidal man causes stir at hospital
A suicidal man caused some tense moments at Crittenton Hospital Oct. 28. Sheriff's deputies were called to the hospital emergency room at 12:40 p.m., where a 45-year-old Rochester Hills man had been dropped off ...
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Task force touting gas tax alternatives
A state transportation task force is expected to list a wholesale gas tax and public/private funding partnerships among options to replace or supplement Michigan's gasoline tax.
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Algonac moves ahead of the pack in drug prevention
According to statistics from the U.S. Department of Justice, 66.4 percent of high school seniors used alcohol in 2007, 31.7 percent used marijuana, and 9.2 percent used other opiates, and that is not all.
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Preserving a prairie past
There's a good chance most people in St. Clair County don't know what they have in their own back yard, said Steve Pondo, manager of Algonac State Park.
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Michigan Boys & Girls Cross Country Regionals
Runners head out onto the course just after the start of the Boys Division 2 race, Saturday October 25, 2008, during the 2008 Michigan Boys & Girls Cross Country Regionals at Algonac High School.
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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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