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

RI Reverse Mortgage in Rhode Island

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.  RI 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 RI :
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
Riverside Rockville Rumford

Return to our reverse mortgage page

Bad Credit? click here.

Call for COMPLETE details NOW!

(800) 675-9783

Rhode Island News
Urciuoli convicted at retrial; Driscoll cleared

Robert A. Urciuoli, the former president and CEO of Roger Williams Medical Center, was found guilty today 'of corruptly employing former R.I. Sen.


Massachusetts Pests Invade Rhode Island

State environmental officials are asking Rhode Islanders to watch out for small, shiny invaders from Massachusetts.


Rhode Islanders Walk For a Good Cause

Every religion has its differences, but all of them seem to have one thing in common, helping people in need.


Rhode Island Reports First Human Case Of West Nile Virus

Today, the Rhode Island Department of Health confirmed the statea s first human case of West Nile Virus in 2008.


Some Rhode Islanders Are Looking to Alternatives to Heat Homes

Lawmakers may have passed the economic bailout bill, but we're all still getting squeezed, especially with winter right around the corner.


Make-A-Wish R.I. battling to keep charter

'THE RHODE ISLAND CHAPTER has since 1992 been aggregating its salary line-item, on the advice of local accountants ... and the national organization had been receiving the salary reporting in that form, on the ...


Research Alliance plans $1.4M in 2009 grants

The R.I. Science and Technology Advisory Council today announced plans to invest another $1.4 million, through its R.I. Research Alliance and Collaborative Research Award Program, to encourage research ...


Rhode Island Forced to Deal with Cash-Flow Crunch

On Monday, the state was forced to draw $25 million out of a temporary disability insurance fund a ' financed by mandatory payroll contributions by private sector workers across the state a ' to make a promised ...


Why Rhode Island is hurting

If the nation's fiscal crisis confirms that Rhode Island isn't alone in facing serious economic woes, the state doesn't suffer from a lack of other challenges that threaten the quest for its long-sought ...


Deepwater Wind to Build Rhode Island Off-Shore Wind Plant

Rhode Island's off-shore wind project will install wind turbines in the ocean, much like these off the coast of Arklow, Ireland.


Health Insurance Industry Hosts Roundtable Discussion With Rhode...

Working families and small business owners shared their health care stories and their priorities for health care reform at a roundtable discussion in Providence, Rhode Island, hosted by America's Health ...


EPA Awards Rhode Island $196,880 for Clean Diesel Projects -- Part of ...

Today, EPA announced the award of $196,880 to the Rhode Island Department of Environmental Management for clean diesel projects across the state.


Activists pitch green jobs as a win-win for Rhode Island

With global warming looming and the US economy in a mess, environmentalists have a simple answer - ' green jobs - ' for simultaneously promoting environmental protection and economic development.


Police Trained To Deal With Mentally Ill

Police from departments around Rhode Island are learning how to deal more effectively with the mentally ill.


Hot Topic: United Way Steps Up Fund Raising to Help Rhode Islanders in Financial Crisis

The "Hot Topic" today is again the crisis on Wall Street, and how it's affecting all of our bottom lines.


Lawyer for Deepwater Wind once served as Carcieri's chief of staff

The developer selected by Governor Carcieri to build a $1.5-billion wind farm off the coast of Rhode Island is represented by a local lawyer who served as Carcieri's chief of staff for four years.


State Allows Firm to Develop Massive Wind Farm Off Coast of RI

Rhode Island has granted a New Jersey-based renewable energy firm the right to develop a massive wind farm off the state's coast.


Delegates Praise Rhode Island's Influenza Vaccine Model, Oppose DTC Health Screening

Tiny Rhode Island played a big role at the 2008 AAFP Congress of Delegates here, when the testimony of one of that constituent chapter's delegates gave his colleagues an inside look at a state-based system ...


Rhode Island students score poorly on state's first science test

More than 75 percent of Rhode Island students are failing to grasp key scientific concepts that educators say they should be learning.


Students put brakes on RIPTA meeting

A student group protesting possible bus service cuts halted a meeting of the Rhode Island Public Transit Authority board of directors yesterday, chanting and shouting down Chairman John Rupp until he gave up ...


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.
 
"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.
© 2006 Somerset Investors Corp. All rights reserved.
home | 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
Eqaul Housing Lender Member of the Better Business Bureau (BBB) Member of the National Reverse Mortgage Lenders Association (NRMLA)