Somerset Investors Corp. Mortgage Refinance, Reverse Mortage, Home Loan
  Purchase Refinance Reverse Mortgage Divorce Buyouts Debt Consolidation Home Improvement
Search Somerset:
Print this page    E-mail this page

Call Now

(800) 675-9783

Reverse Mortgage

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.You 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 NJ :
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
Absecon Allenwood Asbury Audubon
Adelphia Alloway Asbury Park Augusta
Allamuchy Alpine Atco Avalon
Allendale Andover Atlantic City Avenel
Allenhurst Annandale Atlantic Highlands Avon by the Sea
Allentown

Return to our reverse mortgage page

Call for COMPLETE details NOW!

(800) 675-9783

New Jersey News
Post-snow, Northeast mops up from wind-driven rain

A tree lies across a smashed car at a home in Wantagh, N.Y., Sunday, March 14, 2010.


Hendrix back in the spotlight

Elvis and Michael better watch out. Jimi is making a move. Forty years after his death, Jimi Hendrix is enjoying the kind of a resurgence in the posthumous rock-star derby that might rival the sales of Elvis Presley and Michael Jackson.


Gay marriage battle will head back to N.J. court

The gay couples who fell just short on their previous effort to persuade New Jersey courts to recognize gay marriage are asking the court again.


N.J. lawmakers react to governor's budget message

Quotes from legislators in reaction to Gov. Chris Christie's budget address: "This is a tough budget during difficult times, but we always must be careful about consequences.


Atlantic City casino mogul and daughter have ties to Chinese mob, authorities say

New Jersey casino regulators said Wednesday that they have evidence Stanley Ho, the Asian casino magnate, has extensive ties to organized crime in China.


Black people must leave, NJ Walmart announcer says

A Walmart store announcement ordering black people to leave brought chagrin and apologies Wednesday from leaders of the company, which has built a fragile trust among minority communities.


With New Jerseyans shouldering the highest tax burden in the nation,...

With New Jerseyans shouldering the highest tax burden in the nation, Governor Chris Christie told lawmakers Tuesday it was time the state stop its ``addiction to spending'' and start finding ways to make the tax burden, smaller.


WalMart Probing Racist Store Announcement

Wal-Mart Stores Inc. officials are reviewing security tapes to try to determine who used a southern New Jersey store's public-address system to tell "all black people" to leave.


New Jersey rock band to fight hunger through statewide diner tour

Kindred Souls , a New Jersey-based rock band will perform a 20-minute acoustic set in one diner in each of New Jersey's 21 counties Friday through Sunday.


Christie: 'Plan requires sacrifice by all'

Gov. Chris Christie unveiled a $28.3 billion state budget plan today that includes deep cuts in spending on property tax rebates and aid to municipalities, schools and colleges, as well as the layoffs of thousands of state workers.


Related: Text of Gov. Christie's budget address

Text of Gov. Chris Cristie's budget address as prepared for delivery and provided by his staff: Mr.


Northeast slowly dries out from wind-whipped storm

The powerful nor'easter had moved out at sea, but flooding lingered Tuesday in many Northeast communities.


N.J. gov to make case for deep budget cuts

With New Jerseyans shouldering the highest tax burden in the nation, New Jersey Gov.


N.J. finds extensive beach erosion after storms

A truck braves the brackish flood waters while driving down North Bayview Ave. in Seaside Park.


Egg Harbor man admits to bank robbery spree in New Jersey, Texas

An Egg Harbor Township man pleaded guilty Monday for his role in a string of bank robberies in New Jersey and Texas, U.S. Attorney Paul J. Fishman announced.


STATEWIDE: Hundreds of Thousands Still Without Power

Officials say it may be Thursday before service is restored to some New Jerseyans who lost electricity during the storm.


N.J. Senate panel to consider Gov. Christie's three nominees for cabinet posts

The Senate Judiciary Committee today will consider the nominations of three cabinet choices by Gov.


Tom Goodwin Sworn-In as New 14th District Senator

Former Hamilton Township Council President Tom Goodwin has been sworn-in as the new representative of the 14th legislative district in the New Jersey Senate.

Goodwin succeeds former-Senator Bill Baroni, who was recently appointed by Governor Chris Christie to serve as the Deputy Executive Director of the Port Authority of New York and New Jersey...


Oroho Farmland Appraisal Bill Clears Senate Environment Today
Legislation sponsored by Senator Steve Oroho, a member of the Senate Budget and Appropriations Committee, that would extend the expiration date of the farmland special appraisal process in the Highlands Region passed the Senate Environment Committee today. The bill, S-1004, would extend the date, which expired in June 2009, to 2014...
Could ruling in New Jersey lead to hunters shooting cats?

Animal activists have contacted New Jersey state officials in an effort to stop any potential reclassification of feral cats, which could allow hunters to shoot cats and end TNR programs.


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.
Free Rate Quote
 
"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 | Mortgage Glossary | 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 | Testimonials | Employee | Top 100 Mortgage Companies
Equal Housing Lender Member of the Better Business Bureau (BBB) Member of the National Reverse Mortgage Lenders Association (NRMLA) ADD YOUR SITE, BOOST YOUR TRAFFIC. Alexa Traffic Ranking
 
close