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Jamaica, NY Reverse Mortgage in New York

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.  Jamaica, NY residents 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!

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Jamaica, New York News
Guards face assault rap

Four guards at a jail in Queens for federal prisoners were indicted Thursday for beating and humiliating an inmate after he complimented a woman guard about her appearance, authorities said.


Make-over coming to Jamaica strip

The long-awaited plan for an "airport village" in downtown Jamaica is ready for takeoff.


2 Hurt as Trains Bump in Queens LIRR Station

Long Island Rail Road says two westbound trains "bumped" as they were entering a Queens station.


Two LIRR trains bumped outside a station in Jamaica.

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'Grid & Bear it' Girl Sues

A Queens girl who was forced to play football in gym class last year was hurt after another student tackled her to the concrete, according to a lawsuit her family has filed against the city.


Queens Girl Sues School After Being 'Forced' To Play Football

A Queens girl who was forced to play football in gym class last year was hurt after another student tackled her to the concrete, according to a lawsuit her family has filed against the city.


Library's 'election' lets kids participate in process

AT THE tender age of 10 years old, Douglaston's Scott Ma has already taken the responsibility of voting very seriously.


Queens may add convention centers

Plans are in the works for convention centers in five neighborhoods of Queens. The largest would be a 400,000-square-foot convention center in the Willets Point development, which the City Council is slated to ...


No place for racism

Tuesday showed humanity at its best: Voters saw beyond skin color to elect the man they felt best equipped to lead the country.


Nypd Daily Blotter

Stray gunfire blew out the windshield of an empty school bus during a brawl in front of a South Jamaica middle school yesterday, police sources said.


Queens NY News Paper- The Queens Courier News Top Stories Tears and fireworks for Obama

The fireworks started around 11 p.m., seconds after the tears. The moment Senator Barack Obama was announced as President-elect Obama, dozens of supporters spilled out of the Queens for Obama grassroots ...


50 Cent & Bette Midler launch community garden

While under Sam's watch, Mel's niece swallows a prized wedding ring that Mel's grandmother gave to him for the big day.


Bangladeshi Voting Fever in the Boroughs

An election was about to be committed on American soil - no, not the one happening next week, the one that should result in a huge turnout by American standards, but will, inevitably, only rouse a minority of ...


NYPD Daily Blotter

Kevin Byrd, 18, and accomplice Anthony Wallace attacked the 28-year-old man walking along Beach 56th Street near Larkin Avenue shortly after 12:30 a.m. on Sept.


Rare October Storm Leaves Thousands In The Dark

Oct 28, 2008 11:51 pm US/Eastern Reporting Lou Young QUEENS The rare October storm left thousands without power throughout New York and New Jersey.


Marriage is on Angelina Jolie's Mind

If Angelina Jolie finally marries Brad Pitt, he can thank that smelly green ogre Shrek.


Plant like a Hindu god is stalk of da town

Sam Lal, in his Jamaica, Queens yard with unusual amaranth plant that resembles Hindu god Ganesh.


Money-transfer outfit finds kindred spirits in Queens

Laurelton's large Jamaican population seen as key attraction. Adrianne Pasquarelli Proving that some financial institutions are still alive and kicking, Jamaica National Overseas Inc.


Woman found suffocated in her apartment

A 21-year-old woman was found dead in her apartment the evening of Oct. 17 and her estranged boyfriend has been arrested in connection with her death.


One in Four Homes in Foreclosure in East Queens

South Jamaica is right near JFK Airport, and it's a neighborhood that tourists don't notice unless they're looking out the window of the LIRR on the way into Manhattan.


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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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