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Allegany, NY Reverse Mortgage in New York

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.  Allegany, NY 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 bad credit reverse mortgage in the state of NY

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Allegany, New York News
Toys For Tots expects tough season of giving

Toys For Tots is starting its 19th year in the Olean area. Organizer Reggie Dallaire of Allegany, said he thinks this will be a oeone of the toughest years with the economy being what it is.a Mr.


Now-permanent DEC regulations are there for a reason

When Chronic Wasting Disease struck the Wisconsin deer herd with a vengeance in 2002, New York officials kept a watchful eye for the disease in our deer herd.


Prison term ordered for stabbing at motel

An Allegany resident has been sentenced in Cattaraugus County Court to prison for an assault at an Allegany motel last summer.


Family reeling after fire took - everything'

The members of a Kill Buck family are trying to rebuild their lives after a fire destroyed their home Nov.


Community Bulletin Board

Boy Scouts and Cub Scouts in the Five Rivers Council will pick up their Scouting for Food bags Saturday.


JCC project for Olean is up in the air

The request for an extra $500,000 for Jamestown Community College's proposed expansion of its Olean Campus is up in the air as Cattaraugus County legislators get to work reviewing the tentative 2009 budget this ...


Giglio retains assembly seat

Southern Tier voters gave incumbent Assemblyman Republican Joseph Giglio a vote of approval Tuesday by re-electing him over Democrat Pat Eaton.


Young keeps Senate seat

Catharine Young will be the Southern Tiera s representative on the New York State Senate for at least two more years as she blew out Fredonia-based Democrat Christopher Schaeffer Tuesday, 75,971 votes to ...


Weatherizing is key housing need

Weatherization, an aging population and vacant buildings are the main housing issues facing Erie, Niagara, Allegany, Cattaraugus and Chautauqua counties, according to a regional report on housing needs.


Three people transported to BRMC following Sunday fire in Limestone, N.Y.

Three people were transported to Bradford Regional Medical Center on Sunday for smoke inhalation after a wood stove fire destroyed their residence.


All In A Day's Sports

With the merger of the Chautauqua and Mayville Central School systems, there is a lot of work to be done before the 1996-97 academic year begins in September.


Wind turbine meeting features information, misunderstandings

The application process for the wind development project in the town of Allegany took another step forward at Wednesday eveninga s Town Planning Board meeting, despite some vocal contention from residents who ...


Community helps police zero in on fugitive

Seeking to build a stronger economic base and hoping to create a regional health-care system, Olean General Hospital and Bradford Regional Medical Center officials announced plans Monday to integrate the two ...


PSC seeks public input on Allegany County transmission facility

The New York Public Service Commission will hold a public statement hearing concerning a proposal by the Village of Arcade and Noble Allegany Windpark, LLC to construct a new 115 kV electric transmission line ...


Board to weigh paying wetlands fine

The Cattaraugus County Legislature will be asked next Wednesday to authorize payment of a $500 fine and to repair some of the damage caused to wetlands during the Haskell Road reconstruction project.


Officials put on thinking caps in attempt to get water to former Kmart plaza

A developer is looking to turn the former Kmart Plaza near Intertstate 86 Exit 24 into a site for future business.


Symphony opens season six

The Southern Tier Symphony, under music director John Whitney, will open its sixth season of concerts next week-end in Olean and Bradford.


Domino's latest target of armed robber

Sheriffa s investigators say a man armed with a handgun robbed Dominoa s on West State Road in Allegany Thursday at 11:34 p.m. Police said the robber matches the description of a man who robbed the North Union ...


Armed man fails in attempt to rob pizza store in Allegany

A man wearing a black ski mask fled empty-handed after pointing a black handgun at an employee at Domino's Pizza on Route 417 in Allegany late Thursday night, Cattaraugus County sheriff's officials reported.


News Roundup: Gas-drilling hearings set

The state Department of Environmental Conservation has issued a draft scoping document outlining the issues to be covered in its analysis of the environmental impacts of national gas drilling in the region's ...


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