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Mooresville, 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.  Mooresville, 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!

Return to reverse mortgage in the state of NC

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Mooresville, North Carolina News
Troutman ordinance tries to keep town's image

Troutman officials are hoping to use the lessons learned from Exit 36 to preserve the town's small-town feel.


Barium Springs holds annual toy drive

Barium Springs Home for Children is hoping the community will share their Christmas spirit with the children there during the home's annual Toy Drive.


Holiday activities for the kids are plentiful

With Christmas fast approaching, a variety of children's activities are in the works across the Mooresville area as kids eagerly anticipate Santa's arrival.


Duke plans power outage in Mooresville

On Monday, Dec. 8, 2008 Duke Energy Carolinas will complete improvements to its electrical delivery system serving portions of Perth Road, Stumpy Creek Road, Cornelius Road, Liva Lane and surrounding ...


Town orders long-awaited demolishing of Mooresville eyesore

One of Mooresville's biggest eyesores will soon be a thing of the past. Town commissioners voted unanimously Monday to order the demolition of a vacant house at 422 Patterson Ave., a dilapidated building that ...


Local holiday fun for the entire family

Ready to start making some holiday cheer with your kids? Several activities around the area are offering plenty of family fun, much of it for free.


Are you a senior? This social is for you

On Friday, December 12 at 1:30 p.m. the South Iredell Senior Center invites all seniors to its annual Christmas social.


Authorities on lookout for armed robbery suspect

The Iredell County Sheriff's Office is seeking information about a lone man who robbed a Mooresville-area sandwich shop at gunpoint Wednesday.


Taylorsville, Mooresville residents win big with lottery scratch-offs

Charlie Rector Jr. of Taylorsville and Olivia Vongkhamkeo of Mooresville won money with instant scratch-off tickets from the N.C. Education Lottery.


Despite challenges, LNHS graduate receives Eagle award

When former Scoutmaster Dave Nagy met Mooresville's Bowen Smith seven years ago at a Boy Scout camp out, he knew the boy was special.


1983 guilty verdict still a source of pride

There are certain cases that stick with law enforcement officers, even years later.


Many families in need of help this holiday season

With the help of the community and a few "Christmas Angels," the holiday season will be a little brighter for families in need.


Mooresville utilities prepared to handle growth, town officials say

Mooresville officials say developers need not worry about the town's ability to provide utility services to potential projects.


Nominations sought for Person of the Year

The Mooresville-South Iredell Chamber of Commerce and Duke Energy are seeking nominations for the 2008 Business Person, 2008 Citizen and Duke Energy Service Awards.


Homecoming planned for Mooresville 'Guard' members

The Well Drillers, the 1133rd Engineering Detachment National Guard unit from Mooresville, recently returned home from a year-long deployment to Djibouti, Africa.


No Thanksgiving plans? These meals beckon

Still not sure where to celebrate Thanksgiving this year? If you're looking for something free and with a lot of fellowship, you have two local choices Thursday.


Keller Williams raises $3,500 for Christian Mission

Keller Williams Realty donated $3,500 to help the less fortunate in our community.


Local retailers hoping for the usual rush on 'Black Friday'

With four days until the biggest shopping day of the year, some local retailers aren't worried the weakened economy will impact sales.


Expert panel will look closer at details from fatal fire

The Salisbury Fire Department issued its longest, most comprehensive post-incident report ever Tuesday to explain what happened in the March 7 Salisbury Millwork Co.


64th Christmas parade is just around the corner

With seven members of Mooresville High's remarkable cross country team leading the way, the 64th annual Mooresville Christmas Parade will kick off at 3:45 p.m. Tuesday.


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"...I was sure that Somerset was the right choice...they couldn't have been more compassionate or understanding...I just couldn't believe that this all happened within a week...Thanks to my loan officer and all the rest of those great people at Somerset, my family will be able to stay in the only home they have known for some time, without fear of being put out." - Tom N.
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