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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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New York News
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

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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.


My Sweet Wild Dance

Lily Tomlin is busier than ever: playing Vegas for the next few weeks then touring the country; taking a featured role on Damages; and developing a Desperate Housewives spin-off. EDGE's Jim Halterman spoke to the great Lily about what audiences can expect to see her do in Vegas on the tour, what she thinks of actors coming out and how did she find ...


Remember Me Should Be Quickly Forgotten

Review in a Hurry: A rich student attending the James Dean School of Brooding falls for a shaggy girl from the other side of the tracks .


Jet returns to airport after hitting bird

The pilot of a US Airways jet reported a bird strike and an engine problem shortly after takeoff from an upstate New York airport Thursday, forcing the plane to turn back and make an emergency landing, officials said.


Stars blame script for chemistry

Jennifer Aniston and Gerard Butler have revealed how much they loved working together on new rom com The Bounty Hunter at the film's London premiere.


NY attorney general recuses self in Paterson probe

New York Attorney General Andrew Cuomo said Thursday he has recused himself and appointed an independent counsel to probe whether Gov.


Libya demands diplomatic concessions from Swiss

Libya's Ambassador to the United Nations Ibrahim Aldredi speaks during a news conference, Thursday, March 11, 2010, in Geneva, Switzerland.


U.S. political scandals turn sordid

A New York congressman resigns amid accusations he sexually harassed his male employees during tickle fights.


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"I prayed day and night for a miracle...In less than a week, (Somerset) was able to stop the foreclosure and get a new mortgage for me. It was the best of times...I have Somerset Mortgage Lenders to thank until eternity for the miracle they were able to make come true." - Diane B.
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