Somerset Investors Corp. Mortgage Refinance, Reverse Mortage, Home Loan
  Reverse Mortgage Divorce Buyouts Debt Consolidation Home Improvement Purchase Refinance
Search Somerset:
Print this page    E-mail this page

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.  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!

Local reverse mortgage directory for CA :
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Acampo Alpaugh Annapolis Artesia
Acton Alpine Antelope Artois
Adelanto Alta Antioch Arvin
Adin Altadena Anza Atascadero
Agoura Hills Altaville Apple Valley Atherton
Aguanga Alturas Applegate Atwater
Ahwahnee Alviso Aptos Atwood
Alameda Amador City Arbuckle Auberry
Alamo Amboy Arcadia Auburn
Albany American Canyon Arcata Avalon
Albion Anaheim Armona Avenal
Alderpoint Anderson Arnold Avery
Alhambra Angels Camp Aromas Avila Beach
Aliso Viejo Angelus Oaks Arroyo Grande Azusa
Alleghany Angwin

Return to our reverse mortgage page

Bad Credit? click here.

Call for COMPLETE details NOW!

(800) 675-9783

California News
California Releases Global Warming Plan

For California to reach its global warming goals, the country's most populous state must cut greenhouse gas emissions by about four tons per person.


Individual investors rush to buy California IOUs

Individual investors on Tuesday put in orders for $1.84 billion in short-term notes that California plans to issue on Thursday, a strong reception that reflects the high tax-free yields the state is offering.


CA: Solar deal to enrich firm with Schwarzenegger tie?

A relative of Gov. Arnold Schwarzenegger and one of his former cabinet secretaries are part of a private investment group that could score a lucrative payoff if regulators approve a sprawling solar-energy ...


Gay Museum to Open in WeHo

A vintage copy of ONE magazine, America's first gay periodical What used to be a large personal collection of books, magazines, and other literature and artifacts has now become a comprehensive repository for ...


California battered by 3 wind-whipped wildfires

Powerful gusts stoked three major wildfires in Southern California early Tuesday that have charred nearly 12,000 acres, destroyed dozens of homes and forced thousands of people to evacuate neighborhoods in suburban Los Angeles and northern San Diego County.

Two people died Monday as flames raged in the northeastern and western San Fernando Valley, including one motorist killed in a rear-end freeway collision after a looming fire stopped traffic.

More than 2,000 firefighters and a fleet of water- and retardant-dropping aircraft battled the 5,300-acre Marek Fire at the northeast end of the valley and the 5,000-acre Sesnon Fire in the Porter Ranch area at the west end. Combined, more than 15 square miles had burned.


Erratic winds hinder, help Calif. firefighters

Ferocious desert winds pushed one of three major wildfires burning across Southern California to nearly double its size overnight, firefighters said T ...


Winds fan California fires

Oct. 14 - Two people are dead, and hundreds of homes threatened as gale-force winds fan wildfires burning out of control in Southern California.


Prop. 11 backers and foes offer promises, threats

SACRAMENTO -- The last time the Legislature drew California's voting districts, only a handful of people knew the unmarked offices where the mapmakers toiled.


California Fires Leave Two Dead

Two people have been killed and 30 homes destroyed after brush fires spread through foothills and canyons on the northern edge of Los Angeles.


California Issues Emergency Election Audit Regulations

The Office of the California Secretary of State has issued a set of proposed emergency regulations for post-election manual tallying of paper election records.


Wildfires burn homes, kill 1 in Los Angeles area

Vehicles burn early Monday morning, Oct. 13, 2008, north of Los Angeles after intense Santa Ana winds swept into Southern California and whipped up a 3,700-acre wildfire.


Gay couples rush to wed ahead of Calif. election

Gay couples from around California and the nation are feverishly tying the knot ahead of Election Day to avoid missing out if voters approve a ballot initiative aimed at banning same-sex marriage.


California Dune Collapse Kills Boy

Investigators are trying to make sense out of what led to the death of an 11-year-old boy after a sand dune collapsed on him and killed him late Saturday afternoon in Santa Cruz , Calif.


Prop. 7 attracts unlikely opposition

POWER HOUSE: The Puente Hills Gas-to-energy Facility in the City of Industry collects methane gas from the Puente Hills Landfill using it to heat water to power steam turbines and for electricity production, ...


American space tourist blasts off in Soyuz rocket

BAIKONUR, Kazakhstan - A Soyuz spacecraft with two Americans and a Russian on board lifted off from Kazakhstan on Sunday for the international space station.


Winning numbers in California's 'SuperLotto Plus' game

No ticket matched all six numbers drawn for the California Lottery's "SuperLotto Plus" game Saturday night, which had a jackpot of $41 million.


Black and white: Playing The race card

The race card is back. After Tuesday night's debate, Washington party-crossover dean David Gergen announced it was "too early" to declare victory for Democrat Barack Obama, not because the election is a month ...


Blighted San Francisco district touts its history

In the Tenderloin, corner stores sell more alcohol than food, drug-addled pan handlers shake paper cups at passers-by and churches vie for real estate with strip clubs.


CA-04: McClintock was endorsed by KKK.

What is it with Culture of Corruption machine politicians? If they're not in prison, they're under investigation, or they're hanging with shady characters.


Norbert weakens to tropical storm over Mexico

After making landfall over mainland Mexico, Norbert weakened Sunday from a hurricane to a tropical storm, weather officials said.

Norbert made landfall over mainland Mexico as a Category 1 hurricane with winds near 85 mph early Sunday morning, according to the U.S. National Hurricane Center.

But those winds have weakened to near 60 mph and Norbert is expected to rapidly weaken to a tropical depression later Sunday morning, the Miami-based center said.

Hurricane warnings for the coast of Mexico have been discontinued, the center said.


Save time with our easy online mortgage application.
With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
 
"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.
© 2006 Somerset Investors Corp. All rights reserved.
home | about us | Mortgage Blog | contact us | privacy policy | state licensing | search | links | link to us | site map
mortgage calculators | refinance | purchase | fha | reverse mortgage | divorce buyout | debt consolidation
Eqaul Housing Lender Member of the Better Business Bureau (BBB) Member of the National Reverse Mortgage Lenders Association (NRMLA)