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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!

Local reverse mortgage directory for NY :
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Jackson Heights Jasper Jeffersonville Johnson City
Jacksonville Java Center Jericho Johnsonville
Jamaica Java Village Jewett Johnstown
Jamesport Jay Johnsburg Jordan
Jamestown Jefferson Johnson Jordanville
Jamesville Jefferson Valley

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(800) 675-9783

New York News
Guilty plea expected in Letterman case

Celebrity Man admits to attempted Letterman shakedown David Letterman tells his audience that he had sexual relationships with female employees and that someone tried to extort $2 million from him over the affairs during a taping of his late-night show Thursday, Oct.


T.O. icon tackles New York

Opening a restaurant in New York City in the middle of a recession is a risky business venture for anyone, even a renowned chef like Canada's Susur Lee.


Queen Mary gets a makeover

The Queen has seen better days. A makeover has been long overdue for the venerable Queen Mary, the retired cruise ship turned tourist attraction and hotel docked in California's Long Beach Harbor since 1967.


Rap Star Lil Wayne Heads to Jail

Rap royalty Lil Wayne was given a superstar's sendoff to jail Monday , mobbed by hundreds of reporters and cell-phone-waving fans and serenaded by shouts of "Weezy! We love you! AP March 8: Rapper Lil Wayne is sentenced in Manhattan criminal court to a year in a New York City jail for having a loaded gun on his tour bus in 2007.


School beverages getting healthier with much fewer calories, Clinton reports

Former President Bill Clinton, center, is joined by Dr. Clyde Yancy, left, president of the American Heart Association, as Susan Neely, president and CEO of the American Beverage Association holds up a hand held device used by soft drink delivery drivers programmed to only allow orders of products permitted to be sold in schools during a news ...


Who, how and if...

A state commission's referral of felony perjury allegations against Gov. David Paterson has left unsettled the question of what agency, if any, may seek to investigate the case or present evidence to a grand jury for possible indictment.


Owner of Crane In Collapse To Surrender

A person with knowledge of the investigation into an accidental crane collapse that killed two workers in Manhattan in 2008 says a crane company owner is expected to be charged with manslaughter.


Noth sells sexy scene at...

PARIS HILTON's controversial beer advert is back on TV in Brazil - after producers edited out the socialite's steamy scene.


New York Political Meltdown

The Empire State has a lot of good things going for it -- Broadway shows, Niagara Falls, and the world champion New York Yankees.


Sun setting on Harlem

The New York Amsterdam News, the creaky weekly newspaper that is the voice of Harlem's political establishment, is making the best of a bad week.


Oscar ceremony may be blacked in NY

Cablevision and Disney are in a fee dispute that might sideline New Yorkers from the Oscars ceremony.


Kathy Griffin on Sarah Palin :: the gift that keeps on giving

While attention is focused on the more high profile Oscars this year, the Short Film categories are far more competitive.


Rough seas may be ahead for shipping IPOs

Two bulk shipping companies will be competing for investors' attention next week when they are expected to go public, but analysts are questioning their ability to nab much cash.


N.Y. gambling expansion plans hit by bad luck

The recession has interrupted more than $900 million in construction work on a Seneca Indian casino in Buffalo and a gambling-themed resort in the Catskills.


Experts: New York's embattled governor faces legal...

Legal experts say the next few days and weeks could be the most dangerous yet for the embattled administration of Gov.


Jewish community buzzes with idea of Chelsea Clinton's upcoming wedding

NEW YORK - Her mother is a churchgoing Methodist. Her father is a Southern Baptist.


Rep. Eric Massa to resign his office Monday

Democratic Rep. Eric Massa of Corning, Steuben County, said Friday that he would resign his 29th Congressional District seat effective Monday.


Soap actor Thom Bierdz finds solace in art

With his play Wrecks winding down its LA run with Ed Harris repeating the role he triumphed in New York, and a new film comedy about to be released, playwright/film director Neil LaBute maintains a rigorously busy schedule.


NJ Transit to boost fares by 25 percent, cut service to help address growing budget woes

Bus and rail commuters will be digging deeper to ride NJ Transit. James Weinstein, the transit agency's new executive director, announced Friday that he'll seek approval from NJ Transit's board to increase fares by 25 percent systemwide and trim service proportionate to recent ridership declines.


Paterson's stature erodes even in stomping grounds

David Paterson , New York 's first black governor and a product of the Harlem political machine, faced rapidly waning support Thursday as many of the influential black leaders who have worked with him for decades gathered and began to discuss whether to craft a message to persuade him to resign.


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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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