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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!

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New York News
Mafia-linked arrests in Italy, US; suspected Gambino soldier accused of protecting counterpart

The FBI arrested a reputed U.S. mobster Wednesday on charges he provided protection for a Sicilian counterpart mapping out criminal turf in Florida - part of an international sweep aimed at further crippling the storied Gambino organized crime family and disrupting its ties to the Italian mob.


Pataki Endorses GOP's Rick Lazio for Governor

Former Gov. George Pataki, perhaps the most popular Republican in New York, is endorsing Rick Lazio in his GOP bid for governor this year.


New Yorkers reminded it's only art

Police in New York have reminded members of the public that figures soon to be gazing down from buildings in the city are an artist's body casts - not people in distress.


Poll Numbers Improve Slightly for Gov. Paterson

A new poll shows the percentage of New York voters who say scandal-plagued Gov. David Paterson should serve out his term has edged upward.


Official Condom Design: New York's New Sex Symbol

New York City has an official condom. This winning logo will grace the cover of 6 million condoms distributed in the city.


Anti-Gay N.Y. State Senator Supporters Call Rival A 'Puppet of 'Rich Gay Fanatics'

New York State Sen. Hiram Monserrate may have become the first New York state senator to be kicked out of that august body since the 1920s on ethical violations in the wake of a domestic abuse episode, but supporters of his bid to re-take the seat he lost by winning the special election seem to prefer violence against women to marriage equality.


First Deputy Superintendent Pedro Perez is stepping down after 28 years.

David Paterson's top law enforcement personnel, the acting superintendent says he's retiring too.


Guilty plea expected in Letterman case

Celebrity Man admits to attempted Letterman shakedown David Letterman tells his audience that he had sexual relationships with female employees and that someone tried to extort $2 million from him over the affairs during a taping of his late-night show Thursday, Oct.


T.O. icon tackles New York

Opening a restaurant in New York City in the middle of a recession is a risky business venture for anyone, even a renowned chef like Canada's Susur Lee.


Queen Mary gets a makeover

The Queen has seen better days. A makeover has been long overdue for the venerable Queen Mary, the retired cruise ship turned tourist attraction and hotel docked in California's Long Beach Harbor since 1967.


Rap Star Lil Wayne Heads to Jail

Rap royalty Lil Wayne was given a superstar's sendoff to jail Monday , mobbed by hundreds of reporters and cell-phone-waving fans and serenaded by shouts of "Weezy! We love you! AP March 8: Rapper Lil Wayne is sentenced in Manhattan criminal court to a year in a New York City jail for having a loaded gun on his tour bus in 2007.


School beverages getting healthier with much fewer calories, Clinton reports

Former President Bill Clinton, center, is joined by Dr. Clyde Yancy, left, president of the American Heart Association, as Susan Neely, president and CEO of the American Beverage Association holds up a hand held device used by soft drink delivery drivers programmed to only allow orders of products permitted to be sold in schools during a news ...


Who, how and if...

A state commission's referral of felony perjury allegations against Gov. David Paterson has left unsettled the question of what agency, if any, may seek to investigate the case or present evidence to a grand jury for possible indictment.


Owner of Crane In Collapse To Surrender

A person with knowledge of the investigation into an accidental crane collapse that killed two workers in Manhattan in 2008 says a crane company owner is expected to be charged with manslaughter.


Noth sells sexy scene at...

PARIS HILTON's controversial beer advert is back on TV in Brazil - after producers edited out the socialite's steamy scene.


New York Political Meltdown

The Empire State has a lot of good things going for it -- Broadway shows, Niagara Falls, and the world champion New York Yankees.


Sun setting on Harlem

The New York Amsterdam News, the creaky weekly newspaper that is the voice of Harlem's political establishment, is making the best of a bad week.


Oscar ceremony may be blacked in NY

Cablevision and Disney are in a fee dispute that might sideline New Yorkers from the Oscars ceremony.


Kathy Griffin on Sarah Palin :: the gift that keeps on giving

While attention is focused on the more high profile Oscars this year, the Short Film categories are far more competitive.


Rough seas may be ahead for shipping IPOs

Two bulk shipping companies will be competing for investors' attention next week when they are expected to go public, but analysts are questioning their ability to nab much cash.


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