Somerset Investors Corp. Mortgage Refinance, Reverse Mortage, Home Loan
  Purchase Refinance Reverse Mortgage Divorce Buyouts Debt Consolidation Home Improvement
Search Somerset:
Print this page    E-mail this page

Call Now

(800) 675-9783

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
Kanona Kendall Kiamesha Lake Kingston
Katonah Kennedy Kill Buck Kirkville
Kattskill Bay Kenoza Lake Killawog Kirkwood
Kauneonga Lake Kent Kinderhook Knowlesville
Keene Kerhonkson King Ferry Knox
Keene Valley Keuka Park Kings Park Knoxboro
Keeseville Kew Gardens

Return to our reverse mortgage page

Call for COMPLETE details NOW!

(800) 675-9783

New York News
Shields apologizes to New York neighbors

Actress Brooke Shields attends a screening of 'Whatever Works' hosted by the Cinema Society and The New Yorker at Regal Cinema Battery Park June 10, 2009 in New York City.


Vatican completes probe of Legionaries scandal

Vatican investigators have completed their probe into the Legionaries of Christ, the conservative order that was once hailed by Rome but fell into scandal after it revealed that its founder had fathered a child and had molested seminarians.


Princess Tiana Joins the Disney Princess Royal Court

New York - The court of Disney Princesses was joined by Anika Noni Rose and a host of celebrity guests as Tiana was officially crowned the ninth member of the beloved Disney Princess Royal Court.


rpck and roll hall of fame_20100315131930_JPG

In this photo taken Monday, Feb. 22, 2010, a selection of Alan Freed posters rest at the library and archives in Cleveland.


Murdoch Nets Up to $400 Million From `Avatar' as News Corp. Lays Off Risk

News Corp. will earn $350 million to $400 million from James Cameron a s a oeAvatara once the worlda s top-grossing film is also released on pay television and DVD, said two people with knowledge of its financial performance.


NYC ex-bank prez charged in bailout fraud

The former president of a small Manhattan community bank on Monday became the first person accused of trying to defraud the federal bailout program.


Rielle Hunter lays bare affair with John Edwards in GQ

The tawdry affair that cost former Democratic presidential candidate John Edwards his marriage and his reputation became a little more tawdry Monday with the admission from his mistress that she and the former senator slept with each other on the first night they met.


2010 Census forms arrive, kicking off once-a-decade head count

Census workers inform ethnic Russians of the upcoming census count in the Russian enclave of Brighton Beach March 7, 2010 in the Brooklyn borough of New York.


Fourth faces murder charge n Allen McGraw, of New York, was...

A New York man has been arrested in connection with last weekend's fatal stabbing of Jahda Martin, according to Pittsfield police.


New York State Proposes Closing 25 Historic Sites

Governor Paterson's budget proposes cuts to the Office of Parks that would mean the closing of up to 25 historic sites across the state.


PREVIEW-Greek bailout tops EU finance ministers' agenda

Finance ministers from countries using the euro hope to agree on Monday on a way of providing heavily indebted Greece with financial aid, despite French doubts that a deal will be reached.


Gordon Ramsay - More Tax Trouble for Ramsay

British celebrity chef GORDON RAMSAY has been named and shamed by officials in New York who have listed him among the city's worst "delinquent tax payers." Ramsay's business empire has suffered in the recent economic downturn and in 2009 he was advised to file for bankruptcy because of his spiralling money issues, The TV star managed to stave off ...


E-mail FOIL requests are win-win for government agencies and public

The New York Freedom of Information Law was first enacted in 1974 and later replaced with the key elements of the current version of the law in 1978.


Strong wind, rain in Northeast knocks out power for 400,000, diverts flights from NY to Mass.

Strong winds and heavy rain have knocked out power for nearly 300,000 customers in the Northeast, while diverting international flights and toppling a boom crane at an Atlantic City casino construction site.


New Yorkers offer home to beaten dog

Dozens of New Yorkers have offered a new home to Spike, an 11-month-old bulldog savaged in a beating with a shovel, animal rescue officials said.


Study: Many WTC Responders With New Heart Problems

Law enforcement officers who worked near ground zero after the World Trade Center attacks seem to show early signs of heart problems at a higher rate than would be expected for their age, a new study suggests.


Ban salt to save lives, restaurants in New York told

FOUR YEARS ago New York City's health commissioners banned artery-blocking transfats in restaurants.


Mantela s a Wolf Halla wins fiction prize in NYC

NEW YORK - Hilary Mantel's "Wolf Hall," winner last year of the Man Booker Prize in London, was honored Thursday night on this side of the Atlantic Ocean.


2 killed in separate NJ train incident

Two people have been struck and killed by trains in separate accidents in New Jersey.


Mourners gathering for funeral of slain OPP officer

A handout photo of Ontario Provincial Police Constable Vu Pham. Pham responded to a call on North Line, Huron County - which is just north of Seaforth, Ontario - where he was shot in the line of duty.


Save time with our easy online mortgage application.
With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
Free Rate Quote
 
"...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.
© 2006 Somerset Investors Corp. All rights reserved.
Home | Mortgage Glossary | About Us | Mortgage Blog | Contact Us | Privacy Policy | State Licensing | Search | Links | Link to us | Site Map
Mortgage Calculators | Refinance | Purchase | FHA | Reverse Mortgage | Divorce Buyout | Debt Consolidation | Testimonials | Employee | Top 100 Mortgage Companies
Equal Housing Lender Member of the Better Business Bureau (BBB) Member of the National Reverse Mortgage Lenders Association (NRMLA) ADD YOUR SITE, BOOST YOUR TRAFFIC. Alexa Traffic Ranking
 
close