Somerset Mortgage Lenders 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

Allen, MD Reverse Mortgage in Maryland

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.  Allen, MD 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 reverse mortgage in the state of MD

Bad Credit? click here.

Call for COMPLETE details NOW!

(800) 675-9783

Allen, Maryland News
Police & Fire Report

EDEN -- The Maryland State Fire Marshal's Office is investigating what caused a Backbone Road fire Friday.


Massive Allen Pork Project

What local historians believe to be the most expensive public works project in the 306 year history of Allen, Maryland is underway as we speak.


Independence has new meaning for teens

Allison and Caitlin Ford of Waldorf recently lent a hand at the 232nd anniversary of the adoption of the Declaration of Independence at the National Archives on July 4. Allison and Caitlin volunteered during ...


Chairman of the board

SALISBURY -- Tim Wikander first learned to balance on a skateboard in kindergarten.


Grill likely cause of Marriottsville fire

No one was injured in an early morning fire at a Marriottsville home Monday that was likely started by embers from a charcoal grill, according to the State Fire Marshal's Office.


Land ownership delays tribe's grant

PRINCESS ANNE -- Somerset County Commissioners delayed support of a grant application by the Accohannock Indian Tribe Inc.


Grill likely cause of Marriottsville fire

No one was injured in an early morning fire at a Marriottsville home Monday that was likely started by embers from a charcoal grill, according to the State Fire Marshal's Office.


Details emerge about landfill suspects

SALISBURY -- The top-ranking county employee indicted in an alleged theft ring at the Wicomico landfill had purchased a home from an alleged co-conspirator and owed him large sums of money, police say.


Maps further dispute of Accohannock territory

MARION STATION -- Members of the Accohannock Indian Tribe Inc., who came under attack last week for what some call inaccuracies and even blatant lies in a history posted on the tribe's Web site, said they stand ...


Critics accuse Accohannocks of 'false' depiction

PRINCESS ANNE -- Members of the Accohannock Indian Tribe seeking $1.5 million in state Community Development Block Grant funds faced several critics Tuesday who said the group does not accurately interpret ...


All Clear: Route 13 mishap snarls traffic; travel normal for P.M. commute

A traffiic snarl on southbound Route 13 following a two-vehicle crash Wednesday at the Eden-Allen Road intersection has been cleared in time for the afternoon commute.


Our Towns

ANNAPOLIS -- Comptroller Peter Franchot may have to be later than he'd like at this year's Tawes Crab and Clam Bake in Crisfield.


From fruit to fruition

ALLEN -- Propose a toast -- Wicomico County's first winery is open for business.


Special Worship Services

Bethel United Methodist Church Laurel The Harvesters Quartet will be in concert Friday at 7 p.m. The concert is free, but a love offering will be taken for the group.


Wicomico Farmers Worried About County Plan

There are parts of the county where the lines are not clear. Farmland is in backyards, or is it that backyards are on top of farmland? 07/02/2008 9:44 PM ET SALISBURY , Md.- Farmland makes up two-thirds of ...


Tomato season looms on Shore

SALISBURY -- After months of watering, planting and other maintenance, many local farmers and gardeners are looking forward to reaping the fruits of their labor.


Bordeleau Winery serves up July Fourth open house

What are you doing this Fourth of July? My plans include making homemade ice cream for the Lions Club community picnic in Allen, watching my children in the village parade and saving just enough energy for ...


What They Didn't Teach You in Med School: Entrepreneurial Approach Is ...

Against a backdrop of escalating insurance costs, increased staff turnover and Internet-savvy patients, today ' s physicians need more than a medical degree.


Area Deaths

ALBERT JAMES ALLEN SR., 81, of Snow Hill died Wednesday, June 18, 2008, at Peninsula Regional Medical Center.


Taste away, wine lovers: Wicomico vineyard opens

Wine lovers, rejoice! Wicomico County's very own Bordeleau Winery is now up and running and open for weekend tastings.


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)