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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.  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!

Local reverse mortgage directory for OR :
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Adams Allegany Arch Cape Astoria
Adel Alsea Arlington Athena
Adrian Alvadore Arock Aumsville
Agness Amity Ashland Aurora
Albany Antelope Ashwood Azalea

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(800) 675-9783

Oregon News
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Oregon doctor Jayant Patel is facing manslaughter charges in Australia, for botching surgeries at a hospital there.


Oregonian Covers Police Shooting Story

The Oregonian has a full page in today's main section on the shooting of Paul Stewart , which includes the fact Stewart was on the phone to a cop and had agreed to leave his apartment when he was shot.


Man to fly lawn chair from Bend to Boise

Like many Americans, Kent Couch plans to settle into a lawn chair during the Fourth of July weekend.


Assissted Suicide Supporters Deliver Signatures

Supporters of an assisted suicide initiative said Wednesday they've submitted about 320,000 voter signatures to state election officials, which should be enough to easily win a spot on Washington's fall ballot.


Oregon vintner foresees too much pinot noir

A prominent Oregon winemaker says Oregon's wine industry is headed for a fall, producing far too many prized pinot noir grapes for its own good.


'Laramie Project' producer sues school

A ex-high school teacher is seeking damages from an Oregon school district, saying he was forced to quit because he tried to stage a controversial play.


BlueCross rates spike in Oregon

Regence BlueCross BlueShield of Oregon this week raised rates by 26 percent for individual insurance plans due for annual renewal and by 16 percent for small group plans.


Kansas police think fugitive rapist might be Oregon-bound

They are asking Oregonians to be on the lookout for 39-year-old Robert Abner, who was reportedly born in Eugene.


Swarm of bees attacks Oregon woman's home

An Oregon homeowner was in for a big surprise last week when bees swarmed her house with no warning.


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Oregon Fire Season Starts Monday

The Oregon Department of Forestry is declaring fire season starts tomorrow on the forest and range lands it protects.


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With the Space Museum, Oregon blasts off Evergreen Aviation Museum in ...

View more Top News Headlines articles>> Top News Headlines Most Read Most E-mailed With the Space Museum, Oregon blasts off Evergreen Aviation Museum in McMinnville opens a world-class collection, complete with ...


Outlaw biker sentenced to year in jail

The president of the Oregon chapter of an outlaw motorcycle club has been sentenced to a year in jail for attempting to run two investigators off Interstate 5 during rush hour.


Miss Oregon eyes national title

Danijela Krstic, Miss Tri Valley, begins her reign as Miss Oregon with one thing in her sights: the Miss America title.


Oregon Garden's birthday is sparsely attended

The Oregon Garden turned seven this weekend. But not many guests showed up for the birthday celebration By midafternoon Sunday, only about 40 people were roaming the Silverton-area botanical garden.


Ex-Oregon youth prison warden indicted

LA GRANDE, Ore. - An indictment unsealed this week accuses the former superintendent of a youth detention center near La Grande of stealing state property and tampering with witnesses.


New driver's license rules begin on July 1

Need to renew or replace your driver's license? Start hunting for that passport or birth certificate.


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With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
 
"Our family would like to thank Somerset Mortgage Lenders for getting us out of foreclosure. Without your help we do not know what would have become of our family. When we first called, we were in Chapter 13 bankruptcy...Not only will we now be able to keep our home, but we'll be able to put ourselves on track financially, thanks to all the efforts of the wonderful people at Somerset. We will be forever grateful to you all." - Scott & Amy
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