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Reverse Mortgage
Divorce Buyouts
Debt Consolidation
Home Improvement
Purchase
Refinance
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Salamanca, 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. Salamanca, 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!
Return to reverse mortgage in the state of NY
| Salamanca, New York News |
City, town tax rates announced for '09
The Cattaraugus County Legislature has announced city and town tax rates in support of the recently adopted $203.9 million spending plan for 2009.
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New audible crossings installed for.....
Often vehicular sounds are sufficient for the visually impaired to determine the onset of the WALK interval and the direction of a crosswalk.
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Catt. Co. Girls To Join Marines
Three female criminal justice students at the Cattaraugus-Allegany BOCES center at Ellicottville will join the U.S. Marine Corps together after they graduate from high school.
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More Charges Against Salamanca Teacher
More trouble for a Salamanca city school teacher already facing sodomy charges. Several more victims have come forward to allege they, too, had sexual contact with Michael Dupont; who up until last month taught ...
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Smokers may get boot from city parks, too
Smokers have been banned from bars, restaurants and virtually all other indoor public spaces.
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Tax hike whittled down to 1 percent
The tentative $204 million budget for 2009 was fine-tuned by Cattaraugus County lawmakers Thursday, trimming the tax rate hike to less than 1 percent.
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Salamanca Takes Part In Buckle Up N.....
Salamanca Police participated in Gov. David Paterson's state-wide Buckle Up New York initiative Thursday from 8 a.m. until 2 p.m. Police manned a checkpoint on Wildwood Avenue and issued 56 traffic citations, ...
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James W. Wulf
James W. Wulf, 75, Of Lower Edgar Rd., passed away Thursday at the Olean General Hospital.
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Cattaraugus legislator joins GOP
It's official: Cattaraugus County Legislator Carmen A. Vecchiarella has changed his political registration from Democrat to Republican.
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Salamanca hunter charged in accidental shooting
A 38-year-old Salamanca man faces assault charges following an accidental shooting while hunting in the Town of Great Valley in Cattaraugus County.
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Two fishermen rescued from Kinzua Reservoir
Two fishermen were rescued from the Kinzua Reservoir at the state line after their boat capsized late Friday afternoon.
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Woman injured in crash of SUV in Salamanca
A Clinton Street woman was airlifted to a hospital in Erie, Pa., Thursday following a crash at about 2:25 p. m. on North Main Street.
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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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"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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