The concept of a cyclotron-resonance maser (CRM) with a ferrite loading incorporated in its waveguide is proposed. The CRM interaction occurs between the rotating electron beam and the em wave propagating along a longitudinally magnetized ferrite medium. The ferrite anisotropic permeability resembles the CRM susceptibility in many aspects, and particularly in their similar response to the axial magnetic field (the ferrite susceptibility can be regarded as a passive analog of the active CRM interaction). The ferrite loading slows down the phase velocity of the em wave and thus the axial (Weibel) mechanism of the CRM interaction dominates. The ferrite loading enables also a mechanism of spectral tunability for CRM's. The ferrite loading is proposed, therefore, as a useful ingredient for high-power CRM devices. A linear model of the combined ferrite-guided CRM interaction reveals its useful features. Future schemes may also incorporate ferrite sections functioning as isolators, gyrators, or phase shifters within the CRM device itself for selective suppression of backward waves and spurious oscillations, and for gain and efficiency enhancement.