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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 :
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Ulster Park Union Springs Unionville Upton
Unadilla Uniondale Upper Jay Utica
Union Hill

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New York News
Malcolm X assassin granted parole in New York

Thomas Hagan, 69, appeared before a parole panel March 3 and was granted release effective April 28, state Division of Parole spokeswoman Carole Weaver said Friday.


ALBANY: Levy Gets Big Endorsement in Bid for Governor

New York State Republican Chairman Ed Cox on Friday endorsed conservative Democrat Steve Levy in his Republican run for governor, fracturing a party battling to stay competitive in a heavily Democratic state.


NY historic sites fall victim to budget cuts

ALBANY - State budget cuts in tough economic times are falling on historic sites, from George Washington's Continental Army encampments to a World War II Holocaust refugee center.


Next Stop, Marriage: L.I. Man Proposes on NJ-bound Bus

A college student proposed to his girlfriend on a NJ Transit bus at New York's Port Authority Bus Terminal on Thursday.


New York Special State Senate Results

On March 16, New York held a special election to fill the vacant State Senate seat, 13th district.


STATEWIDE: Gillibrand Says Ignoring the Census Will Cost Us

Saying New York lost out on $3.6 billion in federal aid since the 2000 Census because of undercounts, U.S. Sen.


Internet Date Turned Out to be Gay Basher

A British man who had met what he thought was a prospective date online was assaulted, and his car vandalized, when he arrived at a park for an in-person encounter.


Vegan Cookies Invade Your Cookie Jar

A hip New York chick with warm almond brown eyes, we imagined she talked a mile a minute- with spunk and style.


US citizen pleads guilty in 1968 air hijacking

Published: Thursday, March 18, 2010 at 1:37 p.m. Last Modified: Thursday, March 18, 2010 at 1:37 p.m. A 67-year-old man on Thursday admitted hijacking a plane four decades ago and forcing it to land in Cuba, telling a judge how he threatened to cut a flight attendant's throat to get access to the cockpit, where another man held a gun to the back of ...


Lawmakers push to reform hiring, role of State Police leader

With the Division of State Police on its third superintendent in three weeks, lawmakers are sponsoring legislation to overhaul the hiring and responsibilities of New York's top law-enforcement officer, including giving the Legislature the ability to fire the superintendent.


State suspends tax refunds to April 1, will save $500M

State income-tax refunds will be delayed by several weeks as the state struggles to manage its cash flow amid growing budget deficits, officials said Tuesday.


N.Y. State Senator Loses Big to Pro-Gay Opponent Tarred as Tool of Rich Gays

In what's seen as a victory for GLBT equality advocates, disgraced former New York state senator Hiram Monserrate lost his March 16 bid to win a special election that would have returned him to the seat he lost when the state senate voted to expel him.


Live octopus? Goat kidneys? It's what's for dinner

Ben Raisher watches as the writhing Octopus on his plate has its tentacles clipped with giant shears, then squirms in amber sesame oil like a pile of bisected earthworms.


NYC doctor credited with exposing taxi meter scam

A doctor who questioned an unusually high fare is credited with touching off a widespread investigation into cabbie rip-offs.Dr. Mitchell Lee was riding home from NYU Medical Center in Manhattan in August when he noticed an extra $2 on his usual $5 fare.When he complained, the driver offered a discount.


Pooch plucked twice from New York ice

If Koozie the dog were a cat she would be down to seven lives. The 8-year-old mix-breed pooch had to be rescued - not once, but twice - from the broken-up ice of Lake Erie off western New York.


State prison population drops for 1st time since 1972;...

In this undated file photo released by the California Department of Corrections, inmates sit in crowded conditions at the California Institute for Men in Chino, Calif.


Sweet news for the colonies: NYC legalizes honeybees in a boon for keepers of rooftop hives

In this April 18, 2009 photo file photo, a beekeeper, who did not want to be identifed, pulls out panels from her rooftop beehive to check on the condition of her bees in the Brooklyn borough of New York.


NZ human rights record under scrutiny at United Nations

New Zealand's record on human rights and challenges it faced were highlighted today as Justice Minister Simon Power spoke at the United Nations.


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.


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