Mortgage Refinance, Reverse Mortage, Home Loan

Purchase Refinance Reverse Mortgage Divorce Buyouts Debt Consolidation Home Improvement

Search Somerset:

Learning Center

How Home Equity Works Consolidating Debt Home Equity Loan vs. Home Equity Line of Credit How Much Mortgage Can I Afford Apply for a Mortgage Reasons to Refinance Now How FHA Loans Work How Reverse Mortgages Work Why a FHA Mortgage Mortgage Glossary A-Z View All Mortgage Articles

Mortgage Tools

Mortgage Payment Calculator How Much Can I Afford?Debt Ratio Calculator Refinance Savings Calculator Mortgage Comparison Calculator Second Loan vs PMI Calculator Mortgage Length Calculator Mortgage Principal Calculator View All Mortgage Calculators

Company

Links About Us Contact Us Driving Directions Licensed States Careers Testimonials Employee

Loan Programs

Online Application View All Loan Programs

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!

Return to reverse mortgage in the state of NY

Call for COMPLETE details NOW!

(800) 675-9783

Belleville, New York News
Ormsby won't seek 48th Senate seat Jefferson County Legislator Barry M. Ormsby said he will not seek the Republican nomination in the 48th state Senate District this fall.
Galloo Wind Farm PILOT approved The proposed payment-in-lieu-of-taxes agreement for Galloo Island Wind Farm passed the Jefferson County Board of Legislators on an 8-7 vote Tuesday night.
Paterson budget cuts school resource officers Five school districts in Jefferson County appear destined to lose their school resource officers when the school year ends in June.
Legislator Ormsby eyes bid for state Senate seat Jefferson County Legislator Barry M. Ormsby said Tuesday that he is interested in the 48th state Senate District seat, and will decide by month's end if he'll seek the Republican nomination.
Legislators to take time on PILOT The Jefferson County Board of Legislators will take its time in considering a payment-in-lieu-of-taxes agreement for the proposed Galloo Island Wind Farm.
County pushes underwater route Jefferson County legislators will consider Tuesday asking that the proposed Galloo Island Wind Farm transmission line be run completely underwater to Oswego County, rather than running over 20 miles of land in southern Jefferson County.
Galloo Island PILOT talks are reined in Jefferson County's Board of Legislators slowed down its consideration of the payment-in-lieu-of-taxes agreement for the proposed Galloo Island Wind Farm.
Transmission line gets no support Landowners in Henderson and Ellisburg are charged up over the proposed transmission line for Galloo Island Wind Farm.
Letter inflames official A letter from the "Concerned Citizens of Hounsfield" has left Town Supervisor Martin A. DelSignore seething.
Foreigners are flocking to Belleville Henderson The iconic yellow school buses, cafeteria lunches and lockers they've seen in movies about American schools are what the international students at Belleville Henderson Central School now see every day.

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.

Learn More

"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.

All Customer Testimonials