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

NM Reverse Mortgage in New Mexico

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.  NM 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 NM :
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

Return to our reverse mortgage page

Bad Credit? click here.

Call for COMPLETE details NOW!

(800) 675-9783

New Mexico News
Foundation tracks state lawmakers

A conservative group is keeping count of how often New Mexico's lawmakers miss votes when the state Legislature is in session.


Southern New Mexico says adios to the 505 area code

Beginning today, many New Mexico residents will no longer be able to use the old area code to make long-distance calls, including everyone in southern New Mexico.


New Mexico gov gives pep talk to Minnesota Latinos

Democrat Barack Obama's campaign is ramping up its courtship of Latino voters in Minnesota and elsewhere, hoping the low-turnout group could be the key to victory in some states.


Desperate Republicans turns to desperate measures

THE base of the Republican Party - a dwindling but still significant group - clings to a handful of pseudo-facts that don't hold up to serious scrutiny but that still occupy a central place in GOP ideology.


New Mexico Race Surprisingly Close

In the race for New Mexico's open 2nd district that wealthy restaurateur Ed Tinsley has been widely expected to win, should he in fact be considered the underdog? Tinsley's Democratic opponent Harry Teague, and ...


Gritty drama to film in New Mexico

The state has landed another film production, and the governor's office says that means more jobs for New Mexicans.


NM appeals of planned coal plant's air permit

The New Mexico Attorney General's Office is appealing an air permit for a planned coal-fired power plant on the Navajo Nation in northwestern New Mexico.


New Mexico man loses round in smoking ban fight

Stephen Brown was so opposed to New Mexico's ban on smoking in public places that he got himself cited for lighting up in a Catron County bar just minutes after the new law took effect.


Financial crisis delays NM Senate campaign

Campaign workers for Republican Steve Pearce and Democrat Tom Udall are scrambling to reschedule appearances as a congressional vote on a financial rescue plan delays the final phase of the U.S. Senate race in ...


New Mexico Encourages To Make Flu Shot Appointment

The New Mexico Department of Health and New Mexico Influenza Vaccine Consortium encourage New Mexicans at higher risk of developing flu complications to protect themselves by making appointments with their ...


Solar Energy Developers Pick New Mexico

Two California solar energy developers have identified almost 21,400 acres of state trust lands in Luna, Hidalgo and Valencia counties as potential sites for utility-scale solar power plants.


Former Hilton housekeepers win back pay

Fourteen former housekeepers at the Sante Fe Hilton who claim they were fired for complaining about their working conditions have won $32,000 in back pay as part of a settlement, according to the Sante Fe New ...


First northern New Mexico business expo slated for October

The Espaola Valley Chamber of Commerce will hold its first Northern New Mexico Business Expo on Oct.


New Mexico Governor Bill Richardson Campaigns for Obama

With election day creeping closer, both the Obama and McCain campaigns are dispatching heavy hitters to drum up votes.


New Mexicans weigh in on debate

MEXICANS WATCHED THE GREAT DEBATE IN AN INCREASINGLY POPULAR STYLE - DEBATE PARTIES.


Richardson announces $2.8 million for river work

Some of New Mexico's major watersheds will get a boost from $2.8 million in capital outlay funding.


NM unemployment jumps in August

New Mexico's seasonally adjusted unemployment rate was 4.6 percent in August, up from 4.1 percent a month earlier, according to the state Department of Workforce Solutions.


NM encouraging residents to seek tax rebates

The state is trying to make certain that eligible New Mexicans receive their tax rebates.


Racism and the Construction of Hispano Identity in New Mexico

"The truth is that Hispanics came here as conquerors. African-Americans came here as slaves.


Western Initiative Proposes Emissions-Trading Plan

Seven Western states and four Canadian provinces are proposing a comprehensive program to cut greenhouse gas emissions from power plants, manufacturers and vehicles.


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.
 
"I prayed day and night for a miracle...In less than a week, (Somerset) was able to stop the foreclosure and get a new mortgage for me. It was the best of times...I have Somerset Mortgage Lenders to thank until eternity for the miracle they were able to make come true." - Diane B.
© 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)