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

NC Reverse Mortgage in North Carolina

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.  NC 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 NC :
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
Icard Indian Trail Iron Station Ivanhoe

Return to our reverse mortgage page

Bad Credit? click here.

Call for COMPLETE details NOW!

(800) 675-9783

North Carolina News
This Weekend, Scuppernong Riverfest - Columbia NC
October 11, 2008 17th Annual Scuppernong River Festival The Scuppernong River Festival celebrates our Youth and Education, the Key to a Greater Tomorrow. Come join the locals for a full day of celebration and fun, followed by evening fireworks. The day starts with the parade at 10:00 AM. Vendors, food, all day entertainment at numerous locations. And, after the fireworks, dance the night away at our street dance with Billy Scott and the Party Prophets.
American heartland suffers from Wall Street's woes

While all eyes Thursday were on Wall Street's plunge, its cause is being felt across America as the snowballing financial crisis sends an already weak economy into an accelerating decline.


McCain needs shift in public opinion

It was a late night for John McCain's campaign - a post-debate repast of karaoke until the wee hours of the rain-soaked morning.


Report Says N.C. Mental Hospital Dysfunctional

A health consultants' report says a North Carolina mental hospital where a patient died and others were beaten had leadership problems and was dysfunctional.


Elections officials deny illegally purging voters

A newspaper report Thursday said tens of thousands of eligible voters have been removed from rolls or blocked from registering in at least six swing states, but election officials quickly lined up to defend ...


Parking Lot Politics Going Too Far?

Parking lot politics in central North Carolina have some people crying foul. A lot owner put up "no parking" signs targeting Barack Obama supporters.


President Declares Major Disaster for North Carolina

The head of the U.S. Department of Homeland Security's Federal Emergency Management Agency has declared a major disaster exists in the State of North Carolina and ordered federal aid to supplement state and ...


Changing state IDs wona t change reality

The new vertical driver's license for North Carolinians younger than 21 years old is sure to help store clerks and bartenders checking identification for people purchasing alcohol.


Pledges to take high road fall short

When the Tennessee Republican Party issued a press release in February titled "Anti-Semites for Obama" - with references to "Barack Hussein Obama" and a picture of the senator in a traditional Somali outfit ...


Statea s politicial landscape is unsettled

As we head into the final weeks of the 2008 election cycle, it's amazing to step back and look at how much the political landscape of North Carolina has changed during the last year.


NC's largest city freezes hiring, expenses

North Carolina's largest city is preparing for an economic decline by putting a freeze on hiring and other expenses.


2 -- not 3 -- NC guv candidates debate again

Pat McCrory and Mike Munger are heading back to a television studio for another debate while Beverly Perdue stays away.


North Carolina has most expensive gas in 48 states

Some parts of North Carolina have the most expensive gasoline in the continental United States, but the prices already are dropping in some areas.


Jobless rate sets off more benefits

North Carolina's rising unemployment rate has triggered a safety net that may catch about 40,000 jobless North Carolinians who have exhausted their unemployment benefits in the past year.


Former NC ethanol company officials face charges

A federal grand jury has charged two former executives at a company seeking to build an ethanol plant in eastern North Carolina with conspiring to commit extortion and bribery.


US presidential debate John McCain faces Watergate threat before second showdown

John McCain faces a fresh assault by Democrats ahead of the second presidential debate on Tuesday night as he was linked to a central figure in the Watergate break-in and a group implicated in the Iran-Contra ...


Jury selection set to begin for alleged murderer

Jury selection set to begin for alleged murderer By Jennifer Harr - 10/05/2008 On Monday morning, lawyers in Fayette County will start the process of selecting a panel of jurors to hear the facts of a ...


Autopsy shows Navarre man's waterfall death accidental

An autopsy report says a Florida man who jumped 70 feet off a waterfall in the North Carolina mountains died in an accident and not a suicide.


McCain forced to defend North Carolina

For the third weekend in a row, Barack Obama campaigned in North Carolina as part of the most vigorous Democratic effort since at least 1992 to win this reliably Republican state.


Venus' flytraps in distress

Laura Gadd pauses at the edge of a pristine savanna, delicately lifting her feet to avoid trampling any Venus' flytraps hidden underfoot.


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.
 
"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
© 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)