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Dallas, OR Reverse Mortgage in Oregon

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.  Dallas, OR 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 OR

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Dallas, Oregon News
Fire in Dallas apartment complex displaces two

A fire in an eight-apartment complex in Dallas displaced two people and caused nearly $50,000 in damage Thursday, Dallas Fire Department inspector Sean Condon said.


Dallas prides itself on digging out of snow

DALLAS - This town has a reputation during the winter months - and December was especially ominous.


Dallas woman arrested in house burglaries, ID thefts

A woman who allegedly broke into houses in at least three counties and used the loot to steal victims' identities was arrested this morning at a Dallas home, the Salem Police Department said.


Hot-rod themed hair salon coming to Dallas

DALLAS - Hot rods and hair salons aren't generally thought about within the same frame of reference.


New Polk County District Attorney faces union dispute

DALLAS - Stan Butterfield indicated that he'd like to see the Polk County District Attorney's office working in the courtroom more often.


Food bank sees an increase in need

POLK COUNTY - The season of giving marks a specific time of the year, and many charities and philanthropic organizations enjoy the fruits of the season.


Health Department offers tips to avoid flu

DALLAS - The Polk County Public Health Department offers the following tips on how to stay healthy this flu season.


Polk Livestock Association slates annual dinner

DALLAS - The Polk County Livestock Association will hold it's annual dinner and business meeting from 6:30 to 9 p.m. Saturday, Jan.


10 person road crew helps keep motorist moving along

DALLAS - Inclement weather of late has left a lot of area roads with packed snow and ice, creating havoc for motorists.


Dallas native finds perfect blend of poetry, song

Abby Ahmad grew up with two childhood loves: music and poetry. Abby Ahmad, a native of Dallas, said she's looking forward to returning to the Wyoming Valley to perform at the Little Theatre tomorrow.


L'Attitude Point One now is open in Dallas

Dallas - L'Attitude Point One is open in Dallas at 904 Main St. The 70-seat restaurant is in a renovated 1890 building and features bare brick walls, a fireplace, a central bar and seating at tables, with ...


Polk County schools will review makeup snow days in 2009

POLK COUNTY - Some school districts may have adjustments ahead in 2009 to offset the pre-Christmas break snow days, but by and large last week's missed days won't tweak area schedules significantly.


Polk district attorney-elect gets ready

DALLAS - Polk County District Attorney-elect Stan Butterfield has been busy wrapping up business in his private firm while prepping for the transition to his new post.


Crash closes Oakdale Road in Dallas

Sheriff's deputies have closed Oakdale Road near Ellendale Road in Dallas because of a car crash, dispatchers said.


Dallas nativity makes Bethlehem an interactive stage

Faith Evangelical Free Church is offering three opportunities to walk in the sandals of Bethlehem townspeople at the time of Jesus' birth.


Dallas Chamber of Commerce looks back on a successful year

The holiday season is upon us as we near the end of 2008 a time for thanks and reflection.


Faith Evangelical sets holiday events

DALLAS - Faith Evangelical Free Church will host its third annual Live Nativity from 6:30 to 8:30 p.m. Wednesday through Friday, Dec.


Join your neighbors in volunteering

Thanksgiving 2008 has gone into the history book, and while most of us had many reasons to be thankful, the economy has adversely affected some of our neighbors and friends who have had wages reduced or jobs ...


Dallas man accused of setting at least 22 fires arrested on arson charges

Police arrested a 30-year-old man Tuesday on accusations of setting 22 fires throughout Dallas, police said.


Radio group dinner meeting Thursday

DALLAS - The Radio Operators Association of Dallas will be holding its monthly dinner meeting at 6 p.m. Thursday Dec.


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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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