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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!

Return to reverse mortgage in the state of PA

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(800) 675-9783

Archbald, Pennsylvania News
John Blake in the 22nd

John Blake , 49, of Archbald believes he can translate his 29 years of public service into becoming an effective Senator in Pennsylvania's 22nd district .


Keystone offering tax services

Accounting students will receive real-world training while assisting area residents with their tax returns as part of the Volunteer Income Tax Assistance program.


Girl Scout Camps on the Chopping Block

Decreasing enrollment coupled with the troubled economy has forced Girl Scout officials in Pennsylvania to make some tough decisions.


Girl Scout camps in Lackawanna, Monroe counties closing

Two local Girl Scout camps will be closing for good, officials announced Thursday, as part of an effort to deal with declining membership and finances.


Archbald resident on Chile earthquake experience: "I was scared to death."

Photo courtesy JoAnn Speicher A collapsed bridge blocks a portion of the Pan-American Highway in Chile, following an 8.8 magnitude earthquake on Feb.


Around the Towns, 3/7/2010

Archbald The Valley View PTA's annual Easter event has really caught on, said member Helen Shander.


On March 5 in NEPA

On this date in NEPA 75 years ago, Lackawanna County had a surplus of potatoes. Potato farmers were meeting with the chamber of commerce to help find a buyer.


Blake announces Senate bid, talks job creation

Former state economic development official John Blake has formally entered the race for the 22nd District state Senate seat now held by retiring Sen.


New Bishop Thanks Parishoners

On Tuesday it was announced that Monsignor Joseph Bambera will become the 10th bishop in the Diocese of Scranton.


O'Brien wants to debate Kanjorski

Democratic congressional challenger Corey O'Brien invited U.S. Rep. Paul E. Kanjorski on Tuesday to take part in 10 candidate forums before the May 18 primary election.


Selecting Bambera as bishop thrills area church officials

Bishop's work humbly accepted The Rev. Christopher Sahd called Bambera a model priest.


Monsignor Bambera to become bishop of Scranton

Monsignor Joseph Bambera Monsignor Joseph Bambera has been appointed the 10th bishop of the Diocese of Scranton, the Vatican announced this morning.


Around the Towns 2/21/2010

Archbald The Main Streets Committee is enlisting the help of borough businesses for its latest project, said member Shirley Barrett.


NE Pa. pizzeria turns to potatoes at Lent

Fans of Ferri's Pizza know the significance of 50 pounds of potatoes in a steel bowl.


Ride of the Week: 1954 Ford Mainline

This week's Ride of the Week is a 1954 Ford Mainline owned by Brian Nardella. The Mainline had a relatively short lifespan as far as Ford models go, and were only produced from 1952-1956. The Mainline offered Ford customers a complete redesign of the usual Ford body, featuring a one-piece curved windshield, a full-width rear window, protruding ...


Ferri's Pizza turns to potato pizzas during Lent

Linda Morgan / Staff Photographer Bill Ferri says he sells plenty of potato pizza around Lent, but he won't divulge exactly what's in it.


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MICHAEL J. MULLEN / STAFF PHOTOGRAPHER Land is cleared and leveled off Route 247 in Jessup last week as part of a 561-acre expansion at the Valley View Business Park.


Possible candidates to replace Sen. Mellow

State Senate Democratic Leader Robert J. Mellow's retirement is sure to set off a scramble to replace him as senator of a district that includes all of Lackawanna County and three townships and a borough in Monroe County.


Lackawanna County Not Hit as Hard

" Snow fell in Lackawanna County, but not nearly as much as farther south. The major roads were all passable, but for many people it was a day to dig out.


Around the Towns 2/07/2010

Archbald Members of St. Mary's Sacred Heart Altar and Rosary Society will start roasting pork Monday for their annual porketta sale, said Sally Spudis.


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"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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