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Evergreen, 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.  Evergreen, 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!

Return to reverse mortgage in the state of VA

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Evergreen, Virginia News
Evergreen to reopen 2 Special Values funds

The Evergreen Special Values and Evergreen VA Special Values funds will reopen to new investors Oct.


Going to the Bees

"People that have kept bees are getting back into it or either increasing the number of bees they got or trying to build up where they have lost bees, it's a real big demand this year."

They came from North Carolina, West Virginia and Maryland to buy honeybees in Lynchburg. via WSET


Private lands threaten public parks

"Once lost to incompatible development, private inholdings can disrupt or destroy park views, undermine the experience of visitors, and often diminish the air and water quality while simultaneously increasing light and noise pollution"

Millions of privately held acres within the boundaries of national parks threaten some of the country's most scenic and sacred places with hotels, conference centers, even casinos, according to a report ... via Potomac News


Some National Parks land in Va. is up for sale

Land inside seven National Parks in Virginia, including several Civil War battlefields, is up for sale to private bidders. via Hampton Roads Daily Press


Shortage of childcare leads some to take matters into their own hands

"The land was very valuable and the building (didn't cost) very much"

The first Caterpillar Clubhouse family-owned day-care center opened in Rustburg barely over a year ago. via WSLS-TV Roanoke


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"Our family would like to thank Somerset Mortgage Lenders for getting us out of foreclosure. Without your help we do not know what would have become of our family. When we first called, we were in Chapter 13 bankruptcy...Not only will we now be able to keep our home, but we'll be able to put ourselves on track financially, thanks to all the efforts of the wonderful people at Somerset. We will be forever grateful to you all." - Scott & Amy
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