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Alturas, CA Reverse Mortgage in California

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. Alturas, CA 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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Alturas, California News
More... Friday December 26, 2008 U.S. Highway 395 closed in Modoc County Posted on Friday, December 26 @ 11:58:46 PST U.S Highway 395 is closed in both directions in Modoc County after a gas line rupture at the ...
Ila Faye Henson Faye Henson of Alturas, Calif., passed away on Dec.12, 2008, with her daughters at her side.
More... State responds to gas price controversy Posted on Tuesday, December 16 @ 16:52:01 PST Dec.
Tea Fire Expands Dramatically Ita s 10pm and Ia m walking up Las Alturas Road on the Riviera passing fire engine after fire engine.
Where the Old West Still Lives: Modoc County Most Californians have never traveled to the four corners of their state, at least three of them, anyway.
More... Local gas prices drop amidst inquiry Posted on Tuesday, November 04 @ 10:59:22 PST Nov.
Congressional rep should live here My congressman must be an integral part of Nevada County and know all of California District 4. That means dedication to, living, working and raising a family here, and for the long term.
Old-growth Sierra junipers felled amid warming debate Moments after he saw the centuries-old junipers on the ground, Glenn Fair felt sick to his stomach.
Wildfire near Gerlach expected to be contained today Firefighters expect this afternoon to fully contain a small wildfire burning north of Gerlach.
100 years ago Daily News, July 21, 1908 Goose Lake and Southern Railway Proposes To Run From Oregon Eastern Railroad The Company will build and operate a line from the east side of Goose Lake ... that will connect with the Oregon Eastern railroad and ...
100 years ago Daily News, July 21, 1908 Goose Lake and Southern Railway Proposes To Run From Oregon Eastern Railroad The Company will build and operate a line from the east side of Goose Lake ... that will connect with the Oregon Eastern railroad and ...

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"...I was sure that Somerset was the right choice...they couldn't have been more compassionate or understanding...I just couldn't believe that this all happened within a week...Thanks to my loan officer and all the rest of those great people at Somerset, my family will be able to stay in the only home they have known for some time, without fear of being put out." - Tom N.