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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| Bridgehampton, New York News |
Five Southampton men arrested in a second East End drug bust
Southampton Town Police narcotics investigators and federal DEA agents arrested five Southampton men today, March 16, for distributing crack cocaine throughout the East End, according to a police press release.
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Cops: Former hoops standout charged in Southampton drug ring
Five men who allegedly sold crack cocaine on the East End - including a former Suffolk County Community College basketball standout - have been arrested in a federal narcotics investigation that started more than a year ago, Southampton Town police said Tuesday.
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Five Face Federal Charges for Crack Distribution
A narcotics investigation that started in January, 2009 in which Southampton Town Police Narcotics Investigators teamed up with Federal DEA Agents culminated today with the arrest of five local men charged with selling crack cocaine on the East End.
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Seeking Salamanders with SoFo
This is salamander season on the East End and in recent weeks, Jim Ash, executive director of the South Fork Natural History Society, has been checking ice conditions on ponds and monitoring rain events, all in preparation for SoFo's salamander outings.
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Bridgehampton Students Inspired and Innovative
A proposal by one student to erect cost-saving solar panels on the school and a discussion of the benefits of foreign travel by another dominated the Bridgehampton School Board meeting on Monday night.
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Bridgehampton looks at different budget
Bridgehampton Union Free School District Interim Business Official Dr. George Chesterton discusses the budget.
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Sagaponack Votes to Send Students to Bridgehampton and Sag Harbor
In the past few weeks the Sag Harbor and Bridgehampton School Districts have been courting the Sagaponack School Board.
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Noyac Woman Arrested for Falsely Reporting a Stabbing
According to Southampton Town Police, Gerrilyn Drexel, 41, of Noyac, called police on Saturday, March 6, from a Bridgehampton home, belonging to her boyfriend, claiming she had been stabbed and needed an ambulance.
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BookHampton Closes Amagansett Store
After two years of business in Amagansett Square, BoBookHampton may have closed its Amagansett location, but its Sag Harbor store, pictured here with manager Sarah Doherty and Barry Lisee, is still going strong.okHampton owner Charline Spektor this week announced the independent bookstore would close the location, citing economics and "the ...
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Bridgehampton School Courts Other Districts
After Februarya s lively Bridgehampton school board meeting concerning district staffing, last Wednesdaya s board workshop was much quieter, open and unusually short with no executive session following it as well.
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Southampton Town Police reports
Raymond J. O'Brien, 30, of Bridgehampton was arrested by Southampton Town Police on Barkers Island Road at 10:11 p.m. on February 5 and charged with seventh-degree criminal possession of a controlled substance, a misdemeanor, and having an open container of alcohol in public, a violation.
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March 5, 2010 -South O' the Highway
South O' the Highway Madonna has closed on her second Hamptons property, a $10-million, 24-acre parcel on Mitchell Lane in Bridgehampton.
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Bridgehampton and Sag Harbor consider sharing business adminstrator
The Bridgehampton and Sag Harbor school districts are considering sharing a business administrator for the 2010-11 academic year, a potentially cost-saving measure proposed by Sag Harbor Superintendent of Schools Dr.
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Notes from Bridgehampton, March 4
Wow, time to tear another page off the 2010 calendar as we enter March, that most bipolar of months, which doesn't know if it's a lamb or lion or winter or spring.
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Giant Ecuadorian Eel in the Hamptons?
A hunter from Lake Ronkonkoma nearly died last Monday evening after being attacked by a giant eel in Noyac.
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Madonnaville
Madonna is officially our neighbor and her real estate in the Hamptons just keeps on growing.
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a oeCampbell Rancha to Set Up Stakes in Bridgehampton
On the corner of New Light Lane and West Pond Drive in Bridgehampton lies almost 18 acres of open space, owned by Southampton resident Robert Campbell.
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Hamptons: Madge Closes in Bridgehampton; Alec Baldwin Buys Bookmobile
The latest headlines from Curbed Hamptons , our outpost on the East End... 1) Madonna has closed on her purchase of 24 acres of land in Bridgehampton, adjacent to the former Wild Ocean Farm, which is already in Madge's property arsenal.
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Madonna buys up New York farmland
Madonna has taken her love of horse riding to the next level - she has spent $2 million on extra farmland in New York to indulge her equine hobby.
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Naked Stage builds a bridge to expand its reach
When the Ides of March approaches, it will serve as more than a reminder of the historic murder of Julius Caesar as dramatized by William Shakespeare.
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With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
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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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