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 NY :
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
Babylon Bellerose Bloomington Briarcliff Manor
Bainbridge Belleville Bloomville Bridgehampton
Bakers Mills Bellmore Blossvale Bridgeport
Baldwin Bellona Blue Mountain Lake Bridgewater
Baldwin Place Bellport Blue Point Brier Hill
Baldwinsville Bellvale Bohemia Brightwaters
Ballston Lake Belmont Boiceville Broadalbin
Ballston Spa Bemus Point Bolivar Brockport
Bangall Bergen Bolton Landing Brocton
Barker Berkshire Bombay Bronx
Barneveld Berlin Boonville Bronxville
Barrytown Berne Boston Brookfield
Barryville Bernhards Bay Bouckville Brookhaven
Barton Bethel Bovina Center Brooklyn
Basom Bethpage Bowmansville Brooktondale
Batavia Bible School Park Bradford Brownville
Bath Big Flats Brainard Brushton
Bay Shore Big Indian Brainardsville Buchanan
Bayport Billings Branchport Buffalo
Bayside Binghamton Brant Bullville
Bayville Black Creek Brant Lake Burdett
Beacon Black River Brantingham Burke
Bear Mountain Blauvelt Brasher Falls Burlingham
Bearsville Bliss Breesport Burlington Flats
Beaver Dams Blodgett Mills Breezy Point Burnt Hills
Beaver Falls Bloomfield Brentwood Burt
Bedford Blooming Grove Brewerton Buskirk
Bedford Hills Bloomingburg Brewster Byron
Belfast Bloomingdale

Return to our reverse mortgage page

Call for COMPLETE details NOW!

(800) 675-9783

New York News
Libya demands diplomatic concessions from Swiss

Libya's Ambassador to the United Nations Ibrahim Aldredi speaks during a news conference, Thursday, March 11, 2010, in Geneva, Switzerland.


U.S. political scandals turn sordid

A New York congressman resigns amid accusations he sexually harassed his male employees during tickle fights.


Comptrollera s former chief investment officer pleads guilty in ongoing pension investigation

David Loglisci, the former Chief Investment Officer at the Office of the New York State Comptroller, who was indicted last year along with co-defendant Henry "Hank" Morris, pled guilty to a Martin Act felony for his role in the corruption of the New York State Common Retirement Fund and will cooperate in the ongoing investigation.


Mafia-linked arrests in Italy, US; suspected Gambino soldier accused of protecting counterpart

The FBI arrested a reputed U.S. mobster Wednesday on charges he provided protection for a Sicilian counterpart mapping out criminal turf in Florida - part of an international sweep aimed at further crippling the storied Gambino organized crime family and disrupting its ties to the Italian mob.


Pataki Endorses GOP's Rick Lazio for Governor

Former Gov. George Pataki, perhaps the most popular Republican in New York, is endorsing Rick Lazio in his GOP bid for governor this year.


New Yorkers reminded it's only art

Police in New York have reminded members of the public that figures soon to be gazing down from buildings in the city are an artist's body casts - not people in distress.


Poll Numbers Improve Slightly for Gov. Paterson

A new poll shows the percentage of New York voters who say scandal-plagued Gov. David Paterson should serve out his term has edged upward.


Official Condom Design: New York's New Sex Symbol

New York City has an official condom. This winning logo will grace the cover of 6 million condoms distributed in the city.


Anti-Gay N.Y. State Senator Supporters Call Rival A 'Puppet of 'Rich Gay Fanatics'

New York State Sen. Hiram Monserrate may have become the first New York state senator to be kicked out of that august body since the 1920s on ethical violations in the wake of a domestic abuse episode, but supporters of his bid to re-take the seat he lost by winning the special election seem to prefer violence against women to marriage equality.


First Deputy Superintendent Pedro Perez is stepping down after 28 years.

David Paterson's top law enforcement personnel, the acting superintendent says he's retiring too.


Guilty plea expected in Letterman case

Celebrity Man admits to attempted Letterman shakedown David Letterman tells his audience that he had sexual relationships with female employees and that someone tried to extort $2 million from him over the affairs during a taping of his late-night show Thursday, Oct.


T.O. icon tackles New York

Opening a restaurant in New York City in the middle of a recession is a risky business venture for anyone, even a renowned chef like Canada's Susur Lee.


Queen Mary gets a makeover

The Queen has seen better days. A makeover has been long overdue for the venerable Queen Mary, the retired cruise ship turned tourist attraction and hotel docked in California's Long Beach Harbor since 1967.


Rap Star Lil Wayne Heads to Jail

Rap royalty Lil Wayne was given a superstar's sendoff to jail Monday , mobbed by hundreds of reporters and cell-phone-waving fans and serenaded by shouts of "Weezy! We love you! AP March 8: Rapper Lil Wayne is sentenced in Manhattan criminal court to a year in a New York City jail for having a loaded gun on his tour bus in 2007.


School beverages getting healthier with much fewer calories, Clinton reports

Former President Bill Clinton, center, is joined by Dr. Clyde Yancy, left, president of the American Heart Association, as Susan Neely, president and CEO of the American Beverage Association holds up a hand held device used by soft drink delivery drivers programmed to only allow orders of products permitted to be sold in schools during a news ...


Who, how and if...

A state commission's referral of felony perjury allegations against Gov. David Paterson has left unsettled the question of what agency, if any, may seek to investigate the case or present evidence to a grand jury for possible indictment.


Owner of Crane In Collapse To Surrender

A person with knowledge of the investigation into an accidental crane collapse that killed two workers in Manhattan in 2008 says a crane company owner is expected to be charged with manslaughter.


Noth sells sexy scene at...

PARIS HILTON's controversial beer advert is back on TV in Brazil - after producers edited out the socialite's steamy scene.


New York Political Meltdown

The Empire State has a lot of good things going for it -- Broadway shows, Niagara Falls, and the world champion New York Yankees.


Sun setting on Harlem

The New York Amsterdam News, the creaky weekly newspaper that is the voice of Harlem's political establishment, is making the best of a bad week.


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