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Charlottesville, VA Reverse Mortgage in Virginia

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.  Charlottesville, VA 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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Charlottesville, Virginia News
Man Rescued from Roof

Firefighters rescued a man from a roof in Charlottesville Tuesday afternoon. Authorities responded to a dining hall on Hereford Drive after getting a 911 call that someone had fallen on the roof and suffered ...


Six US citizens killed in Mumbai attacks: State Dept

The State Department said on Monday that six US citizens had been killed and two wounded in the attacks on Mumbai.


Va.'s fall fire season ends with 304 acres burned

CHARLOTTESVILLE, Va. - Virginia 's fall fire season has ended, with far fewer scorched acres than the spring edition.


U.Va. hopes to participate in near-death experience

CHARLOTTESVILLE, Va. - File cabinets in Bruce Greyson's Charlottesville office contain 30 years of interviews with people who say they've undergone near-death experiences.


BBQ Man Pays Visit to Good Morning Charlottesville

Emeril Lagasse, watch out. John Atkins is smoking out his competition. This award-winning barbecue expert has been whipping up delicious recipes for years.


When Forbes Says Charlottesville is Among The Best Educated Cities

They really mean the Central Virginia region . Either way, we're in mighty heady company.


Top Stories: Indian forces fight last gunmen in hotel

This undated family photograph of Alan Scherr, his daughter Naomi, 13,and wife Kia, left, taken before Alan and Naomi were tragically killed by terrorists at the Oberoi hotel in Mumbai, India.


Foundation says 2 Va residents killed in Mumbai

A foundation in Virginia is confirming the deaths of a man and his teenage daughter in the terrorist attacks in India.


Charlottesville and Albemarle Need More Info on 50 Year Water Supply

The 50 year water supply plan for Charlottesville and Albemarle County was supposed to be cost-effective and efficient, but there have been numerous concerns about the proposal.


Higher Loan Limits for the Charlottesville MSA

Guest post from Matt Hodges with Compass Home Loans : Every year in mid-late November, conforming loan limits are set for the next year.


Goode files recount petition

Attorneys for U.S. Rep. Virgil H. Goode Jr., R-Rocky Mount, filed a petition to recount the 316,862 votes cast in the Nov.


Local Veteran Threatened With Arrest for Distrubuting 'Buddy Poppies'

November 24, 2008 A local veteran is speaking out after police threatened to arrest him for distributing a Buddy Poppiesa or memorial flowers at the National Mall in Washington D.C. Now the ...


UVA study shows inaccuracies in school census

Virginia's school divisions don't always get an accurate count of their school-age residents, resulting in misallocations of tax money for public education, a University of Virginia study shows.


Former lacrosse co-captain at Virginia found dead

Will Barrow, a co-captain of Virginia's 2008 lacrosse team, was found dead Saturday in his off-campus apartment.


Miss United States to Appear in Charlottesville Runway Show

Charlottesville welcomes the annual Virginia Fashion Week for the first time ever Monday, November 17.


Charlottesville airport not a likely candidate for sediment removed...

Second of three stories The Executive Director of the Charlottesville-Albemarle Airport Authority spent over 30 minutes at the November 13, 2008 meeting of the South Fork Reservoir Stewardship Task Force ...


Charlottesville officials seek to pin down solid budget plan

It remains fairly evident to Charlottesville officials that the city's major sources of revenue are not likely to increase much in coming years, but the nation's economic woes make for a hazy fiscal forecast.


Wa Boro police investigating stabbing death

A former Waynesboro man died early this morning after suffering a knife wound to the chest Wednesday night, Waynesboro police reported.


Charlottesville Resident Dies in Car Accident in Albemarle County

November 15, 2008 One person is dead after a three car accident in Albemarle County.


Former Administrative Assistant Pleads Guilty to Embezzling from SARA

The man accused of taking money from the Sexual Assault Resource Agency in Charlottesville has pleaded guilty to embezzlement.


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