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Andover, 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. Andover, 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!

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Andover, New York News
White Plains hedge funds accused of steering millions to Madoff A group of White Plains hedge funds are at the center of a federal class action lawsuit accusing them of steering millions of dollars from investors to accused Wall Street swindler Bernard Madoff.
Local woman returns to school hoping to launch a new career Tiffany Matheny's hair station is a little different than those assigned to the high school students she takes classes with, as she proudly displays photos of her children and husband.
Allegany Artisans Studio Tour is Oct. 18, 19 From Rochester: About 110 miles; a 2-hour drive. Attraction: Roughly 30 artisans will open their studios for free tours during the 21st annual Allegany Artisans Studio Tour .
Hammering home help STEPHEN BRUN The Journal Pioneer SUMMERSIDE - A city couple is getting by with a little help from some new friends.
This Friday's paper will come in morning and will help area United Ways Allegany and Cattaraugus county residents can be charitable just by buying a newspaper Friday.

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"I prayed day and night for a miracle...In less than a week, (Somerset) was able to stop the foreclosure and get a new mortgage for me. It was the best of times...I have Somerset Mortgage Lenders to thank until eternity for the miracle they were able to make come true." - Diane B.