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Drain, 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.  Drain, 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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Drain, Oregon News
Elkton residents celebrate bridge project completion

Elkton High School senior Richard Sanchez never thought people would make such a fuss about his drawings.


Rumbling to a slower speed

Drivers headed west toward the Tyee curve may now receive a jolt as they approach on Highway 138 West.


Drain man dies in Highway 99 accident

A Dodge Dakota pickup driven by James Dean Plueard left Highway 99 early Sunday morning and crashed into a tree, killing the driver.


News

Police arrested a Cottage Grove man Wednesday who has allegedly been connected to more than $200,000 worth of stolen property, including a generator swiped last year from a construction site on Highway 38 near ...


Man allegedly linked to $200,000 in stolen property

Police arrested a Cottage Grove man Wednesday who has allegedly been connected to more than $200,000 worth of stolen property, including a generator swiped last year from a construction site on Highway 38 near ...


$1,000 reward offered in hor...

A local woman is offering a $1,000 reward for information that leads to the arrest and conviction of whoever shot a horse to death on her property last week.


Four arrested in connection ...

Four people were arrested Wednesday in connection to the discovery of more than 400 marijuana plants at a residence in Drain, according to a Douglas Interagency Narcotics Team news release.


Drain man dies in Friday afternoon crash

DRAIN, Ore. A Drain man died Friday afternoon in a single vehicle crash on Highway 38 about four miles west of Drain.


Fatal car crash on Highway 38

An unidentified person died in a fatal car crash on Highway 38 between Drain and Elkton, according to an Oregon State Police news release.


Weekend's Best Bets, Sept. 2...

A suri alpaca chews in the barn at Jubilee Alpacas in Roseburg in this file photo.


NEW Woman killed in collision with log truck

This is a press release courtesy of Oregon State Police A Drain-area woman died Monday afternoon when the pickup she was driving was struck by an unloaded log truck as she attempted to pull onto Highway 42 ...


Police and Fire Logs

These logs are the highlights of initial emergency calls and reports to the Douglas County Dispatch Center.


Elkton school district seeks...

Brian Kruse, head of maintenance for the Elkton School District, points to an outdated electrical circuit breaker.


Man's death in Mexican custody shakes up Oregon log town

The only activity outside Sam Botner's hilltop home Wednesday came from the passel of dogs out front.


Police and fire log for Sunday, Aug. 31

These logs are the highlights of initial emergency calls and reports to the Douglas County Dispatch Center.


Police and Fire Logs

These logs are the highlights of initial emergency calls and reports to the Douglas County Dispatch Center.


Arthur Cormier's CCC Diary

"January 14 - Didn't have much to do today. After supper went to Moro & returned at seven.


Sow give birth at fair

A newborn pig is cleaned off by Dustin Kennon shortly after its birth Thursday at the Douglas County Fair.


Tuttles celebrate 60th wedding anniversary

Charles and Ursula Tuttle will soon celebrate their 60th wedding anniversary . The couple was married Aug.


Weekend's Best Bets, July 25-27

Walk for a cure starting at 3 p.m. today and ending at noon Saturday on the Umpqua Community College track, 1140 College Road, Winchester.


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