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Mineral Springs, 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.  Mineral Springs, 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!

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Mineral Springs, North Carolina News
Dense fog in a few areas

Temperatures have fallen into the 50s this morning, and dense fog has formed in a few areas.


Murphy a brand-new town

SCOTT WALLACE/Cherokee Scout Judy Snow from Mineral Springs, Ga., enjoys a beer at Murphy's ChopHouse restaurant while Shirley Alexander has an iced tea.


Flood, tornado warnings, record rain in area

UNC-Charlotte students walk cross campus near Woodward Hall monday afternoon durring a downpour.


Richmond County bus routes changing this year

Students in the county will see a change in bus routes as well as time spent traveling between their residences and school as a result of the new realignment of the Richmond County Schools system.


Students offered transfer options

The students of Mineral Springs and Ashley Chapel School will be offered the options of transferring to either Fairview Heights or West Rockingham for the 2008-09 school year.


N.C. mother kills 2 kids, herself

A mother and her two children were found dead in their Union County home late Sunday in an apparent murder-suicide, sheriff's deputies said. via News Observer


Here's your chance to tell local stories

As a newcomer, I'd love to know more about this fast-growing county, its history, businesses, people and opportunities. There's so much to learn.

I'm in the best position possible to get that education. Being a newcomer columnist is like having a license to ask questions. And the only thing better than finding answers to my own questions is finding answers to readers' questions. Every one of those has the added bonus of introducing me to a potential new friend.

I've made a lot of friends since I started writing Newcomer Network in February 2005. Some of them I've never met face-to-face, but continue to converse with via e-mail. Read more


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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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