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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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| Bridgewater, New York News |
010910 ADHD nlc 4
Director of Educational Services Amy Schlegel asks Logan Shumway, 7, or Bridgewater a question during the ADHD and Autism Advocates Saturday Skills class at Parkway Middle School, Saturday, January 9, 2010 in Whitesboro.
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Bridgewater Robber Caught by State Police
A On January 5, 2010 at about 8:00 amA State Police in MarcyA responded to a "911" call from 9522 State Route 20 in the Town of Bridgewater for a reported robbery and assault.A A The homeowner, Susan Dote, was about to leave her house for work when she was brutally attacked by an unknown white male perpetrator.A This male then left on foot in an ...
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One car rollover leads to arrest for DWI in Bridgewater
Marcy State Police were called to a one car roll-over accident on Babcock Hill Road in the Town of Bridgewater at about 9:10 PM on 12/28/2009. Investigation revealed that Robert C. Sprinkle 12/3/1981 of Cassville was operating his vehicle east on Babcock Hill Road, lost control of vehicle, crossed over into the west bound lane, and overturned on ...
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Bridgewater woman charged with fraud in brain cancer donation scam
Oneida County Sheriff's deputies believe Heather Barrett created these cans and distributed them to local businesses in Madison and Oneida counties.
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Woman Charged with Lying about Tumor
An Upstate New York woman is accused of lying about a brain tumor as a way to get money from the public.
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Bridgewater Woman Accused of Faking Cancer for Money
A Bridgewater woman is accused of soliciting donations for medical bills to treat her brain tumor; turns out she doesna t even have cancer.
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Bridgewater Couple Charged With Child Endangerment
Troopers say the arrests stem from an investigation into the physical injury of a 13-year old.
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Thelonious Monk Competition Winner Announced
The winner of the 2009 Thelonious Monk International Bass competition is Ben Williams.
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Blaine A. Reed
Blaine A. Reed, 67, died Wednesday, September 9, 2009, at Nathan Littauer Hospital in Gloversville.
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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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"...I was sure that Somerset was the right choice...they couldn't have been more compassionate or understanding...I just couldn't believe that this all happened within a week...Thanks to my loan officer and all the rest of those great people at Somerset, my family will be able to stay in the only home they have known for some time, without fear of being put out." - Tom N.
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© 2006 Somerset Investors Corp. All rights reserved.
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