Mortgage Refinance, Reverse Mortage, Home Loan

Reverse Mortgage Divorce Buyouts Debt Consolidation Home Improvement Purchase Refinance

Search Somerset:

Learning Center

How Home Equity Works Consolidating Debt Home Equity Loan vs. Home Equity Line of Credit How Much Mortgage Can I Afford How to Apply for a Mortgage Reasons to Refinance Now How FHA Loans Work How Reverse Mortgages Work Why Choose an FHA Mortgage Mortgage Glossary View All Mortgage Articles

Mortgage Tools

Mortgage Payment Calculator How Much Can I Afford?Debt Ratio Calculator Refinance Savings Calculator Mortgage Comparison Calculator Second Loan vs PMI Calculator Mortgage Length Calculator Mortgage Principal Calculator View All Mortgage Calculators

Company

About Somerset Contact Us Driving Directions Licensed States Careers

Loan Programs

Apply Online View All Loan Programs

Faber, 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. Faber, 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

Bad Credit? click here.

Call for COMPLETE details NOW!

(800) 675-9783

Faber, Virginia News
Supervisors to seek land for trash site The Nelson County Board of Supervisors decided Oct. 14 to make an offer to buy a parcel of land in the Faber area for a manned solid waste collection site and put their consideration of another parcel of land ...
Cell tower approved; another is delayed The Nelson County Board of Supervisors postponed a decision on one new cell phone tower proposed by nTelos and approved another at its Sept.
County, surveyor still evaluating current waste location in Schuyler A potential site for Nelson County's next solid waste trash site in the Faber and Schuyler area is still undecided.
Supervisors ponder eminent domain while considering waste site Nelson County supervisors are considering condemnation and eminent domain as they wrestle with where to find a spot for a new waste facility.
Nelson County buying land in Faber Faber and Schuyler will soon have a new solid waste collection site. The Nelson County Board of Supervisors has authorized county staff to purchase more than six acres of land located along Irish Road between ...
Wintergreen festival presents music from around the world Experience the music of the old and new worlds without leaving Central Virginia as Wintergreen Performing Arts presents works from Spain, France, Italy and the Americas during this year's Summer Music Festival.
Faber couple tries taste buds with their hot sauces Nelson County residents need not venture farther south for gourmet hot sauce. From the garden of their Faber home, Mike and Toni Hobbs grow peppers for their Mike & Toni's sauces.
Potter's kiln roars in Faber Driving back to Buck Creek Pottery in Faber is like venturing into another world.
Q&A with Nelson County High School's valedictorian and salutatorian The Nelson County Times sat down with Nelson County High School's valedictorian and salutatorian to talk about their high school experiences and future plans.
Nelson deeds for May A sketchy situation: Courtroom artist from Nelson Co. opens show in Lynchburg Well, rising gas prices and Hustler magazine have at least one thing in common - an elementary school teacher in Nelson County.
Fire destroys Nelson Co. home A fire Wednesday morning reduced a Shipman home to "powder," authorities said. Dispatchers received the call at 8:16 a.m., and the Faber Volunteer Fire Department was on the scene at 3886 Wheelers Cove Road in ...
Commission approves three Verizon Wireless towers The Nelson County Planning Commission approved three communication tower permits for Verizon Wireless at their May 28 meeting.
Faber artist spins two-thirds of her life making pottery Editor's Note: This is the first story in a bi-weekly series highlighting artists in Nelson County.
Nanotech Risks: Federal Government Taps NC State Experts "The last time a white paper on risk communication was done was in 1989" Main Category: Public Health Article Date: 15 May 2008 - 0:00 PDT The arm of the federal government responsible for coordinating nanotechnology research and regulations across the country has called on experts ... via Medical News Today

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.

Learn More

"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.