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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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(800) 675-9783

Bellmore, New York News
N. Bellmore Civic group members question political luncheon

When a Newsday blog recently pointed out that members of the Nassau County Civic Association, the Town of Hempstead Civic Council and the Rockville Centre Tea Party Patriots had lunch with the Nassau Legislature's minority leader, Diane Yatauro, members of the North Bellmore Civic Association weren't happy.


General Hospital Meet and Greets in New York & New Jersey

Okay soap fans here is a list of General Hospitals Jason, Diane and Max Meet and Greets in the Tri-state area.


Bellmore-Merrick Central District honors outstanding students, athletes

The Bellmore-Merrick Central High School District had five National Merit Finalists this year.


Cops: North Bellmore Man Brought Shotgun to Bar

A 50-year-old North Bellmore man was arrested after brought a shotgun to an East MeadowA restaurant early Friday morning, Nassau County police said.


Fortune 52: Mothers Unite to Stop Violence

Rita Kestenbaum of Bellmore and Cheryl Schiffman from Merrick experienced a tragedy that is unfathomable for any parent to even imagine; their daughters were murdered.


N. Merrick residents angered by MTA cuts

Nassau County Legislator Dave Denenberg encouraged North Merrick residents at a civic association meeting on Monday to speak out against potential cuts to local bus lines at a March 1 public meeting.


Snow Day for some, but not for everyone

Friday marked another snow day for students and staff in the East Meadow School District, but not for local businesses, hospitals and others remaining open.


North Bellmore F.D. promotes 'safe havens' for infants

Nassau County Executive Ed Mangano, left, was joined by AMT Children of Hope PResident Timothy Jaccard to promote new ambulance decals bearign the message "safe baby a ' safe place - safe haven" in Mineola last week.


Sought in Nassau burglaries

Nassau County Police and their Crime Stoppers unit are seeking the public's help in locating a man in connection with a series of burglaries that have occurred in East Meadow, North Bellmore and Westbury.


County Signage Program Promotes Safe Haven Law

Nassau County Executive Ed Mangano was joined Feb. 17 by Timothy Jaccard, president of the AMT Children of Hope Foundation/Baby Safe Haven Program, to announce that Nassau County will be the first county in the nation to implement a new program identifying ambulances as official "baby safe haven" drop-off sites.


Bellmore Teen Charged With Arson

A Bellmore teen was arrested Tuesday night for allegedly setting fire to a truck in his hometown, Nassau police said.


Cops: Bellmore Woman Gave False Name to Avoid DWI Arrest

A 46-year-old Bellmore woman was arrested after she gave a Trooper a false name to avoid a drunken driving charge on the Southern State Parkway early Saturday morning, New York State police said.


A Big Easy way to celebrate Fat Tuesday on Long Island

If you're looking for a place to take on some Cajun grub and party down, here's where the beads will be flying on Long Island.


2 Teens Nabbed for Gun, Drugs in Bellmore

Two teenagers were arrested Saturday on gun and drug charges in Bellmore, Nassau police said.


LI schools, groups announce Weds. cancellations

Long Island schools and organizations are beginning to close, cancel or postpone activities in anticipation of "near blizzard"A conditions forecast for Wednesday.


Bellmore board game inventors are back

The two 20-something Long Islanders who created the board game Charge Large, which was acquired in March by Hasbro and has been on the shelves of Walmart and other national retailers since last year, are back inventing another game.


Theft in N. Bellmore; hit-and-run in Sayville

Nassau County Police and their Crime Stoppers unit are seeking to identify and locate a man in connection with a petty larceny that occurred in North Bellmore.


Bellmore-Merrick Youth Association honors its own

The Bellmore-Merrick Youth Association, sponsor of the Braves football and cheerleading squads, recently held its annual awards ceremony.


Lawmakers seek statewide ban on drop-side cribs

Robert and Susan Cirigliano of North Bellmore lost their son Bobby in a drop-side crib accident.


Crib Crusade Goes Statewide

It has become their crusade. Two Long Island couples, bonded by a common tragedy, now also share a crusade against the piece of furniture they claim changed their lives forever -- the so called "drop-side" crib.


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"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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