Somerset Investors Corp. Mortgage Refinance, Reverse Mortage, Home Loan
  Purchase Refinance Reverse Mortgage Divorce Buyouts Debt Consolidation Home Improvement
Search Somerset:
Print this page    E-mail this page

Call Now

(800) 675-9783

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 PA :
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
Aaronsburg Aleppo Analomink Artemas
Abbottstown Alexandria Andreas Ashfield
Abington Aliquippa Anita Ashland
Ackermanville Allenport Annville Ashville
Acme Allensville Antes Fort Aspers
Acosta Allentown Apollo Aston
Adah Allenwood Aquashicola Atglen
Adamsburg Allison Arcadia Athens
Adamstown Allison Park Archbald Atlantic
Adamsville Allport Arcola Atlasburg
Addison Altoona Ardara Auburn
Adrian Alum Bank Ardmore Audubon
Airville Alverda Arendtsville Aultman
Akron Alverton Aristes Austin
Alba Amberson Armagh Avella
Albion Ambler Armbrust Avis
Albrightsville Ambridge Arnot Avondale
Alburtis Amity Arona Avonmore

Return to our reverse mortgage page

Call for COMPLETE details NOW!

(800) 675-9783

Pennsylvania News
Pennsylvania fires CISO over RSA talk

Pennsylvania's chief information security officer, Robert Maley, has been fired, apparently for talking publicly at the RSA security conference last week about a recent incident involving the Commonwealth's online driving exam scheduling system.


Pennsylvania seeks federal Medicaid assistance to stave off disaster

The dire financial situation many states find themselves is embodied by efforts the state of Pennsylvania has made to secure additional Medicaid assistance funding, recent news items suggest.


Obama Tries to Win Popular Support for Healthcare Reform

In a break from his usual composure, U.S. President Barack Obama delivered a fiery speech in front of a Pennsylvanian audience Monday, accusing health insurance company of arbitrarily raising premiums, as he tries to win popular support for the health insurance reform.


Jobless Aid Passed by U.S. Senate, Sending $138 Billion Measure to House

The U.S. Senate approved a $138 billion measure that would extend unemployment benefits and provide additional aid to states in lawmakersa second major effort this year to boost the economy.


How Pennsylvania's Rulers Drive Up Unemployment

The strategy is simple: cripple business with taxes and regulations so that it is unable to employ people, which will drive them into the arms of Big Government.


Fire sparked by static kills Pennsylvanian pumping gas

Authorities in Pennsylvania say a gas station patron died when static electricity ignited a fire as he filled up his tank.


Class-action suits could clobber Toyota

Toyota owners claiming that massive safety recalls are causing the value of their vehicles to plummet have filed at least 89 class-action lawsuits that could cost the Japanese auto giant $3 billion or more, according to an Associated Press review of cases, legal precedent and interviews with experts.


US woman accused of recruiting jihadists online

An American woman "desperate to do something" to help suffering Muslims has been accused of using the Internet to recruit jihadist fighters and help terrorists overseas, even agreeing to move to Europe to try to kill a Swedish artist, prosecutors said Tuesday.


Pa. to Offer Rebates for Efficient Home Heating

Federal economic stimulus money soon will start providing rebates to Pennsylvanians on the purchase of new, Energy Star-rated hot-water heaters, furnaces and boilers.


APNewsBreak: Pa. coal town claims 'massive fraud'

The few remaining residents of a Pennsylvania coal town decimated by a 48-year-old underground mine fire claim in court papers that a "massive fraud" is being perpetrated by parties seeking to grab the mineral rights to hundreds of millions of dollars worth of anthracite coal.


Fairfield Township man sentenced in Pennsylvania for sex assault

A Fairfield Township man was sentenced last week to four to eight years in state prison after pleading guilty to sexually abusing a teenage girl in Pennsylvania, according to The Tribune-Democrat. The Western Pennsylvania newspaper reported Friday that 29-year-old Andrew Luko is currently in a four-year program for sex offenders at a treatment ...


W. Pa. mine firm buys museum with Quecreek history

A coal mining company is buying a small museum where artifacts are displayed from the 2002 rescue of nine western Pennsylvania miners who were trapped underground for more than 78 hours.


Mayors Seek more Taxing Power

Mayors of small and medium-sized Pennsylvania cities say the Legislature must allow them to raise new tax revenue to prevent more of them from falling into financial crisis.


Hoosier Park owner Centaur files for bankruptcy

Centaur LLC, owner of Hoosier Park Racing & Casino, announced Sunday, March 7 that the company has filed for bankruptcy in an effort to restructure and emerge with less debt.


Pennsylvania's Heavyweight Clout Growing Thin

Pennsylvania soon may scrape the bottom of the federal pork barrel. The Feb. 8 death of U.S. Rep.


Pennsylvanians, Prepare For Serious Pension Pain

Pennsylvanians should prepare for some serious suffering regarding disposable income come 2012-2013 and the cause is going to be their additional contributions to pay for the pensions of retired public school employees,state workers, legislators, judges and others.


Pennsylvania ranks No. 1 among nation's largest states in starting,...

We're no. 1 Pennsylvania ranks No. 1 among the nation's largest states for its speed in starting and completing transportation projects funded by the federal stimulus money.


Analysis: Amnesty to aid treasury, tax dodgers

If you owe back state taxes, now isn't the time to get right with the Revenue Department.


Visitors to Pennsylvania Home Show looking to go green

Dan and Leia Armstrong of Carlisle are looking to build their first home in Upper Dauphin County, and they want it to be as cost and energy efficient as possible.


Brasch WordsIN a Pennsylvania Town, a Cold Shoulder for the Freezing Homeless

A regional advocate for the rights of the homeless says actions by Sugar Notch, Pa., officials to deny shelter to homeless men may be based upon fear and a lack of knowledge.


Save time with our easy online mortgage application.
With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
Free Rate Quote
 
"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
© 2006 Somerset Investors Corp. All rights reserved.
Home | Mortgage Glossary | About Us | Mortgage Blog | Contact Us | Privacy Policy | State Licensing | Search | Links | Link to us | Site Map
Mortgage Calculators | Refinance | Purchase | FHA | Reverse Mortgage | Divorce Buyout | Debt Consolidation | Testimonials | Employee | Top 100 Mortgage Companies
Equal Housing Lender Member of the Better Business Bureau (BBB) Member of the National Reverse Mortgage Lenders Association (NRMLA) ADD YOUR SITE, BOOST YOUR TRAFFIC. Alexa Traffic Ranking
 
close