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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

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(800) 675-9783

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With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
 
"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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