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Reverse Mortgage
Divorce Buyouts
Debt Consolidation
Home Improvement
Purchase
Refinance
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Wallagrass, ME Reverse Mortgage in Maine
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. Wallagrass, ME 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 ME
| Wallagrass, Maine News |
Fort Kent: Voters in seven towns approve SAD 27 budget
Voters in SAD 27 passed a nearly $11 million budget by a 3-to-1 ratio during a special referendum Monday, 237-76. Residents of the seven towns making up SAD 27 faced a single-question ballot at the polls.
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Governor Visits Flood-Damaged Areas of Aroostook County
May 23, 2008 Governor's Office AUGUSTA – Governor John E. Baldacci today visited Aroostook County for the fourth time since the area was hit by severe flooding earlier this month.
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Bishop to Tour St. John Valley Flood Damage
The head of the Roman Catholic Diocese of Portland will be visiting northern Maine Friday to tour flood-ravaged areas and offer his support to people who sustained losses in the worst flooding in decades. via WAGM TV
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State of Emergency
Governor John Baldacci has declared a State of Emergency for Aroostook County. The governor's office linked the declaration to flooding conditions, particularly in the Fort Kent and Wallagrass areas. via WAGM TV
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Maine river crests after surging to record high
"If the bridge had let go, that would've been the end for Fort Kent. The whole town would've washed out" A driver navigates his truck down a flooded street in Wallagrass, Maine Thursday, May 1, 2008. via Tri-cityherald.com
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Spring Flooding
"It's not necessarily the depth but rather the speed of the water and there's no way to tell what conditions the road is in. You could be in serious trouble." After Tuesday's torrential rainfall, reports of flooding are coming in from all over the state... Water has been covering some roadways, and filling lots of basements. via WABI-TV Bangor
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With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
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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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