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Central Point, OR Reverse Mortgage in Oregon

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.  Central Point, OR 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 OR

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Central Point, Oregon News
Kulongoski travels to Asia on trade mission

Tove Tupper & Associated Press A November 17, 2008 A CENTRAL POINT, Ore. -- Oregon Governor Ted Kulongoski is on a trade mission to Japan and China this week.


Central Point man discovers Craigslist scam

By Emily Wood A November 20, 2008 A CENTRAL POINT, Ore. -- A Central Point man is taking action over a suspicious ad on Craigslist.


Car kills pedestrian on highway near Medford

A 61-year old male died Tuesday evening when he was struck by a vehicle on Highway 62 after reportedly walking into the vehicle's lane of travel.


Southern Oregon Land Conservancy celebrates 30 years

Thirty years ago, a group of people concerned about losing the region's land to development decided to do something about it.


Mentoring program keeps first-year teachers charged up

Walking through a corridor at Central Point's Jewett Elementary School, teacher mentor Peggy Cowens projects an air of sophistication, from the elegant scarf wrapped around her neck to the manner of her gait.


Higinbotham takes over as Ontario interim fire chief

Interim Ontario Fire & Rescue Chief Allan Higinbotham stands next to the departmenta s rigs this week.


Central Point raises storm-drain fees 132 percent

The cost of building a house in Central Point will rise $752 to cover the expense of new storm-drain culverts in the city.


Central Point ponders storm-drain fee hike

Storm drain fees for new development would increase 132 percent under a proposal by the city designed to raise enough money to replace four box culverts that likely would fail during a major flood and damage ...


Giddyup: Recycle them doggies

Joanie Keller-Hand of Ashland has collected plastic from her neighbors and placed it in sorted bins in preparation for the Plastic Roundup.


Central Point to Honor Fallen Heroes

The nation's veterans will be honored at ceremonies throughout the country Tuesday, including at the dedication of a new memorial in Central Point.


Commissioner, legislator, judge races tight

Preliminary results tonight show tight races for Jackson County commissioner, a state representative and a circuit court judge.


ODOT warns drivers to prepare for winter weather

By Amy Sienicki A November 5, 2008 A CENTRAL POINT, Ore. -- Winter like driving conditions are expected to make the mountain passes dangerous overnight, and the Oregon State Police and ODOT are warning people ...


Roof fire sends black smoke into sky

Fire broke out at a single-story home at 1135 Rose Valley Drive in Central Point shortly before noon today when workers prepping the surface for a new application of tar overheated the roof.


Ontario fire chief resigns from position

For the second time since this summer a top Ontario official is gone after Ontario Fire & Rescue Chief Terry Mairs apparently resigned.


CP Teen Faces Prison

A Southern Oregon teenager faces more than seven years in prison. The 16-year-old from Central Point will be tried as an adult for allegedly breaking into a Medford home early Sunday and robbing a woman of her ...


Drug dog sniffs out meth stash

Two men are in jail after police seized 4.5 pounds of methamphetamine Thursday night during a traffic stop on Interstate 5 south of Ashland.


Election observers from overseas note differences as they take a tour of Jackson County operations.

It was purely coincidental, but a Jackson County elections supervisor was wearing an Oktoberfest dress when Irene Kaufmann of Austria came Friday to observe how signatures are verified and ballots are checked.


Body of former county prosecutor discovered

A former Jackson County deputy district attorney who resigned and was banned from practicing law because of professional misconduct and criminal behavior has died.


Teen faces adult trial in medical marijuana theft

A Central Point teenager faces trial as an adult on robbery and burglary charges after medical marijuana was taken from a woman at knifepoint.


Just a few years ago, houses and multiple-family complexes were shooting up everywhere in Medford.

Few multiple-family residential projects have appeared during 2008, however, making the six-unit condominium project rising on the northeast corner of Morrow Road and Poplar Drive all the more curious.


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