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Reverse Mortgage

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.You 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 DC :
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District Of Columbia News
Gay couples celebrate historic weddings in Mexico

Mexico City Mayor Marcelo Ebrard was officiating five same-sex marriages in one day, despite harsh criticism from the Roman Catholic Church and a campaign against the measure launched by President Felipe Calderon's conservative National Action Party.


[Iws] BLS: Regional and State Employment and Unemployment -- January 2010 [10 March 2010]

In January, nonfarm payroll employment increased in 31 states and the District of Columbia, decreased in 18 states, and remained unchanged in 1 state.


Marriage vs. common law: what it means financially

There are many financial benefits that pertain to married and common-law couples.


Bill to ban texting while driving moves forward

TALLAHASSEE - Here's a new reason to keep your thumbs on the wheel and your eyes on the road: Action to outlaw texting while driving is off to a speedy start in the Legislature.


D.C. courthouse busy with same-sex applications

Angelisa Young and Sinjoyla Townsend hold hands as Rev. David North speaks during their wedding on the first day same-sex couples are legal to wed under a new law March 9, 2010 in Washington, DC.


Study details how Census leads to funds

Financially battered states get about 20 percent of their money from federal funds, so they're paying special attention to the Census this month.


Marybeth Hicks:

Who would have thought you could contract carpal tunnel syndrome at the oral surgeon's office? After writing my initials and signing my name on roughly 217 consent forms, I was ready for an ice pack and a wrist wrap.


New math, English standards drafted

Math and English instruction in the United States moved a step closer to uniform - and more rigorous - standards Wednesday as draft new national guidelines were released.


Toyota to expand recall of Tundra pickups for rust

Toyota says it will expand a recall announced last year to fix Tundra pickup trucks with frames that could rust.


Wisconsin not Among Finalists for Education Money

Wisconsin is not among the finalists for more than $4.5 billion in federal education money under the Race to the Top program.


Gay couples wed in Washington

One bride wore a knee-length lace dress and pearls. The other bride wore a yellow shirt and white suit.


Bill Allows St. Patty's Day Stogies

For some, celebrating St. Patrick's Day isn't the same without chomping on a cigar.


Tennessee is Race to the Top finalist

The U. S. Department of Education announced today the first-fun finalists for the Federal Race to the Top competition.


Va. colleges' ban on gay bias challenged

Virginia Attorney General Ken Cuccinelli has urged the state's public colleges and universities to rescind policies that ban discrimination on the basis of sexual orientation, arguing in a letter sent to each school that their boards of visitors had no legal authority to adopt such statements.


George Will: Expand gun rights the right way

It is said, more frequently than precisely, that the reasons the Supreme Court gives for doing whatever it does are as important as what it does.


In fight against AIDS, D.C. to distribute female condoms

The District of Columbia will become the first city in the United States to distribute female condoms free, part of a project that will make 500,000 of them available in beauty salons, convenience stores and high schools in parts of the city with high HIV rates.


Civil Marriage in Washington DC

The five others are New Hampshire, Connecticut, Iowa, Massachusetts and Vermont.


Washington, D.C., Tracks Fire Hydrants with Analytics and Asset-Management Software

Infrastructure built during President Abraham Lincoln's administration in the 1860s still provides Washington, D.C., with water -- this includes the water citizens use every day and what firefighters tap into to keep residents and property safe.


New York state schools in the running for Race to the Top dollars

New York is a finalist for up to $700 million in federal school grants. U.S. Secretary of Education Arne Duncan today said New York had a strong application for the Race to the Top funds.


D.C. to fight AIDS with female condoms

WASHINGTON a ' The District of Columbia will become the first city in the United States to distribute female condoms free, part of a project that will make 500,000 of them available in beauty salons, convenience stores and high schools in parts of the city with high HIV rates.


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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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