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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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Broadalbin, New York News
Carl Krohn

Carl Krohn, 92, of Stairs Road, town of Perth, died Monday afternoon, March 8, 2010, at St.


Police: Woman used counterfeit bill

A Broadalbin woman was arrested Saturday after police said she knowingly used counterfeit money to buy food from a local restaurant.


August start eyed for roundabout wo.....

Construction of the hotly debated roundabout at Routes 30 and 29 in Vail Mills is expected to begin in August, according to a timeline from the state Department of Transportation.


Death: What's it really like to die?

Sogyal Rinpoche People say that death is the ultimate mystery, but the Tibetans explained it in detail years ago.


Broadalbin event builds support for.....

Area home improvement experts and local craftsmen set up shop to support what they said was a good cause at the first Home Show and Craft Fair organized by the Broadalbin Youth Commission.


Man gets prison time in drug case

A Johnstown man was sentenced Monday to 2 1/2 years in state prison in a drug case in Fulton County Court.


Thief drove car off boat launch

The Fulton County Sheriff's Department is seeking the whereabouts of a person who last weekend stole a Perth resident's vehicle, took a ride and then left it after trying to drive it off the Broadalbin boat launch onto the frozen Great Sacandaga Lake.


Katherine D. - Kay' Johnson

Miss Katherine D. "Kay" Johnson, age 86, formerly of Broadalbin, died Friday morning, February 12, 2010, at Wells Nursing Home, Johnstown.


Amsterdam man admits burglary

An Amsterdam man who burglarized a Broadalbin coffee shop pleaded guilty Monday in Fulton County Court to third-degree burglary.


County to fix damage at jail

Fulton County hasn't yet repaired damages to the jail caused by a motor-vehicle accident last summer, but the county recently received a $23,216 insurance check to pay for most of the work.


Man accused of sex crime

A 56-year-old Broadalbin man was arrested by Fulton County sheriff's deputies Wednesday night and charged with having sexual contact with an 8-year-old girl.


Broadalbin residents speak out

At an emotional meeting Tuesday, some residents spoke out against the possible appointment of former town Supervisor Lee Hollenbeck to the vacant seat on the Town Board.


Mae N. Crannell

Mae N. Crannell, 89, of School Street, Broadalbin, died Monday evening, January 25, 2010, in the one hundred-year-old house where she lived for forty-five years.


County's sales tax revenues decreas.....

Fulton County's fourth-quarter sales tax dropped $435,386 from a year ago - a nearly 10 percent drop for a quarter that includes holiday sales.


Tryon clerk accused of selling pill.....

A clerk at the Tryon Girls Secure Center was arrested for selling at least a dozen pain pills to a co-worker, the state Inspector General's Office announced Thursday.


Hagaman family loses home to fire

A family's home went up in flames Monday morning when a fire in a basement wood stove spread out from the base of the chimney and burned through the walls of the house near the Perth town line.


Republican caucus set in?Broadalbin

Jim Jankowski, Republican Party village election chairman, recently announced in a news release that a Republican Party caucus will be conducted Jan.


Chairman: County faces financial pi.....

Republican Perth Supervisor Gregory Fagan, appointed Monday as the new 2010 chairman of the Fulton County Board of Supervisors, said several financial pitfalls are on the horizon for the county.


Fulton County committees get new ch.....

Seven of the Fulton County Board of Supervisors' eight standing committees have new chairmen for 2010, according to committee assignments made by new board Chairman Gregory Fagan.


H.S. Bowling Roundup: Broadalbin-Pe.....

Joe Wojcik rolled a 225-634 to lead Broadalbin-Perth to a 3-1 win over Johnstown in a Foothills Council bowling match at Perry Lanes Monday.


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