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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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Ashville, Pennsylvania News
In brief: Extension expo to feature farm, home info

Penn State Cooperative Extension will host the first Laurel Highlands Farm & Home Expo from 8 a.m. to 3:15 p.m. Friday on the Pitt-Johnstown campus in Richland Township.


NEW a " Fireman at Gallitzin Township blaze

Volunteer firemen were called to a structure fire this morning in the 100 block of Coal Road in Gallitzin Township.


Young mayor follows grandmothera s footsteps

The new mayor of Ashville may be young - he's only 19 - but he says that he's eager to work for borough improvements while realizing that money is tight for the small community of about 280 residents.


W. Pa. mayor, 19, follows in grandma's footsteps

The new mayor of the tiny western Pennsylvania borough of Ashville is 19-year-old Justin Seese.


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"I prayed day and night for a miracle...In less than a week, (Somerset) was able to stop the foreclosure and get a new mortgage for me. It was the best of times...I have Somerset Mortgage Lenders to thank until eternity for the miracle they were able to make come true." - Diane B.
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