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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!

Return to reverse mortgage in the state of NY

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Bangall, New York News
Pine Plains teen charged in Stanford burglary

STANFORDVILLE - A Pine Plains teenager was arrested Wednesday for allegedly robbing a Town of Stanford restaurant.


Looking Backward -Tales of Whiskey, Warblers and Walks in the Woods

What is it about Whiskey Hollow that has fascinated folks for so many years? Is it the unusual name, the rich history, the great bird-watching or the fact that it's one of the prettiest hikes you can make in the Baldwinsville area? Well, I'm not aware of any official polls, but I would vote for all of the above.


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"Every other company said they could not help us. After speaking to about five companies, we really believed that no one could. Then we called Somerset, and your company proved us and those other companies wrong. We can't thank you enough for all your hard work and effort in getting us a low fixed rate. We can now breathe easier..." - L. Braun
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