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Rockville, 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. Rockville, 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!

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Rockville, Rhode Island News
Snelgrove murder conviction upheld The Rutgers graduate who idolized serial killer Ted Bundy will not get a new trial on his murder conviction.
Tradition at center stage Talk of deep-fried Twinkies, salt potatoes and real Southern barbecue was in the air Monday as the Washington County fairgrounds came alive in the countdown to today's opening of the 42nd annual event.
Parent accused of hosting porn party with teens at Boy Scout camp A Warwick man has been charged with showing pornography and providing alcohol and cigarettes to teens at Camp Yawgoog Boy Scout reservation.
Parent accused of hosting porn party with teens at Boy Scout camp A Warwick man has been charged with showing pornography and providing alcohol and cigarettes to teens at Camp Yawgoog Boy Scout reservation.

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"...I was sure that Somerset was the right choice...they couldn't have been more compassionate or understanding...I just couldn't believe that this all happened within a week...Thanks to my loan officer and all the rest of those great people at Somerset, my family will be able to stay in the only home they have known for some time, without fear of being put out." - Tom N.