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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 VA

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Abingdon, Virginia News
New Abingdon studio seeks to create an aura for the arts

The music was soothing, the floors glistening and the bright walls were alive with bold colors and visions inside the new 606 State Street Art Gallery Monday afternoon, and Sam Samuel sounded just as upbeat and vibrant.


The Bristol Blotter - March 13

She said he was on Euclid Avenue, "supposed to be extremely intoxicated and can be violent when he had been drinking." Police noted "she is hoping that we will pick him up for public intoxication."  Someone called from West Street to say three men were on the train tracks "messing with equipment and [the caller] believes they may have taken ...


Bristol Blotter 03-09-10

Bristol Virginia Police Department March 5 * A car on Clinton Avenue was "egged and scratched." * Someone called in an Old Airport Road driver who "seems to be intoxicated" with two kids in his black Ford pickup at 12:20 p.m. When police arrived, they discovered he was "not intoxicated but suspended" and waited for someone to come pick them all up.


Pair to play at Emory deli

David and Ann Ledgerwood agree that one of their greatest pleasures is retreating to the front porch swing in the summer with their mandolin and guitar.


Armstrong brings ApCo fight to WCC

The same stories keep repeating themselves, Delegate Ward Armstrong said Saturday.


Police call womana s death a homicide, but remain tight-lipped

Angela Statzer wrote her foster father a note last year for Father's Day. "Dear Dad," it began in a childish script.


a Bake Sales for the Budgeta calls on lawmakers to do their part

After a series of bake sales Thursday, including one held at the Kroger on Cummings Street, Virginia's state budget shortfall is $921 smaller.


Local church group plans theater day trip to Va.

Grace Episcopal Church, 871 Merrimon Ave., is planning a trip to the Barter Theatre in Abingdon, Va., on March 17 to see the comedy "Chaps" where "Monty Python meets singin' cowboys." The public is invited to join church members for the outing.


Young med student responded to bus crash

Kathiria Pagan, 18, has only been a medical assisting student at Everest University South Orlando campus for three months.


WALL Class scheduled

Steven Taylor, a Saltville native, is passionate about taking care of the place he calls home and the unique resources of the Appalachian Mountains.


Dog barking ordinance bites the dust

Although most in the audience seemed to oppose a county ordinance aimed at curbing excessive dog barking, a handful of attendees supported the measure proposed in January.


House leader takes on Boucher

Virginia House Majority Leader Morgan Griffith's campaign for Congress became official Friday when the Salem Republican filed as a candidate for the GOP nomination in the 9th Congressional District.


Abingdon seminar beckons would-be bee keepers

With $125,000 available in grants for Southwest Virginia beekeepers, more than 50 people spent Saturday at the Southwest Virginia Higher Education Center to learn to raise bees.


Mendota man charged with five counts of rape

A Mendota man, already locked up on felony domestic assault charges, now is accused of raping a teenager numerous times over two years.


Va. coal town looks to bounce back from bust times

DANTE, Va. - It's been many years since any new housing was built in this old coal camp, where empty buildings and dilapidated homes define how a one-time boomtown has fallen by the wayside.


Abingdon fire destroys home

All Joe and Terri Owens wanted back were the family photos. A stove fire had just gutted their home of 27 years on Ridgeview Drive.


Deputy retires at 80 following 58 years in law enforcement

William Slemp ties little notes to the various weapons he keeps hidden in potted plants and bookshelves all over his Abingdon home.


The chef speaks: Learn to store vanilla beans, cook crab legs, make spoon bread

Q: How long can vanilla beans be stored? a ' Beth G., Bristol, Va. A: When kept tightly wrapped in plastic wrap or a ziplock bag in the refrigerator, beans should last up to six months.


Cohasset man killed in Florida bus crash

A Cohasset man is identified as one of the two people killed in a Florida bus crash over the weekend.


Tour bus crash claims life of Abingdon woman

Friends called her "the cookie lady." Joan Horsch's home-baked ginger snaps are legendary to the volunteers who repair the signs and clear the paths along the Virginia Creeper Trail.


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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.
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