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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
| Brightwaters, New York News |
Lazio shares views with Binghamton-area business leaders at Chamber session
BINGHAMTON -- Governor hopeful Rick Lazio on Monday said he would lower taxes, reduce state spending and empower Binghamton University to serve as a greater economic engine if he got the state's top elected job.
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Sources say Giuliani interested in Senate race
New York Mayor Rudy Giuliani said Thursday that he told them he wouldn't run for governor next year but may challenge Sen.
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Cops: Four pedestrians hit, injured on Brightwaters street
Police said Doris Rullo, 73, was driving a 1996 Ford Taurus at about 5:20 p.m. Monday north on Concourse East, off South Country Road, when it struck the victims.
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Suffolk 11th District: Thomas Barraga, James Alcus
"It's heated up," said new Islip Republican chairman Frank Tantone. "Tom's been reinvigorated.
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2009 Family Friendly Halloween Happenings on Long Island
A crisp nip in the morning air, farm stands are full of fresh produce; yes, it's that time of year again - time for families to get outside and enjoy all the fall festivities Long Island has to offer! With so many fun Halloween events, it's impossible to visit them all.
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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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