Somerset Mortgage Lenders Mortgage Refinance, Reverse Mortage, Home Loan
  Reverse Mortgage Divorce Buyouts Debt Consolidation Home Improvement Purchase Refinance
Search Somerset:
Print this page    E-mail this page

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.  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!

Local reverse mortgage directory for VA :
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Paeonian Springs Pearisburg Piney River Pounding Mill
Paint Bank Pembroke Pittsville Powhatan
Painter Penhook Pleasant Valley Pratts
Palmyra Penn Laird Pocahontas Prince George
Pamplin Pennington Gap Poquoson Prospect
Paris Petersburg Port Haywood Providence Forge
Parksley Phenix Port Republic Pulaski
Parrott Philomont Port Royal Pungoteague
Partlow Pilgrims Knob Portsmouth Purcellville
Patrick Springs Pilot Pound

Return to our reverse mortgage page

Bad Credit? click here.

Call for COMPLETE details NOW!

(800) 675-9783

Virginia News
SUSSEX: Contract signed for new IR bridge

DOVER - The Delaware Department of Transportation has signed a $149.9 million contract with Virginia-based Skanska USA Civil Southeast Inc.


Columbia Gas lowers rate

CHESTER Columbia Gas of Virginia customers will see a 12% reduction in their monthly natural gas bills effective August 28.


Columbia Gas to Lower Rates in Fall

Customers of Columbia Gas of Virginia will get a break on their monthly bills in the fall.


Feeding Deer Illegal After Labor Day

State wildlife officials are reminding Virginians that effective September 1, it will be illegal to feed deer.


Love on: Va. tourism guide wins award

Virginia's tourism guide is being touted as the nation's best. The Virginia Tourism Corporation says the 2008 travel guide received a Travel Industry Association award.


Group says Mark Warner balked at TV Senate debate

Democratic former Governor Mark Warner won't take part in a statewide televised Senate race debate this fall sponsored by the League of Women Vorters.


Kanye performs on convention sidelines

What Kanye West regretted when Barack Obama became the Democratic party's presidential candidate: That his mother, Donda, hadn't lived to experience it.


Stafford one of fastest growing counties in nation

Prince William was number 96, Loudoun, number 5, and Stafford, 77. Six counties in Virginia made the U.S. Census Bureau's annual list of 100 fastest growing communities with populations that exceed 10,000. And ...


VIRGINIA: Budget squeeze delays crab tagging plan

The state's belt-tightening has delayed a Virginia plan to better regulate blue crabs in the Chesapeake Bay.


VDOT lifts lane closures for Labor Day weekend

The Virginia Department of Transportation will open lanes on major roadways that have been temporarily closed for construction or maintenance over the Labor Day holiday weekend.


Manchin: Bridge partisan divides

West Virginia Gov. Joe Manchin is encouraging politicians to follow the state's example to bridge partisan divides.


Romney, Giuliani man 'war room' for GOP

DENVER - While former Virginia Gov. Mark Warner gave the Democratic convention keynote address, Republican Rudy Giuliani was arguing that Barack Obama isn't ready for prime time.


No Red Meat from Warner

What is this? Take Action Comments Subscribe Now Text SizeAAAHere is a footnote, and nothing more than that, from the 2008 Democratic National Convention.


Portsmouth police chief: Council's support helped him to stay

Video: William Corvello explains his decision. L. Todd Spencer The Virginian-Pilot Interim Portsmouth Police Chief William Corvello speaks during a press conference at the Portsmouth Police Headquarters ...


Labor Day Travel Decrease Predicted

AAA projects a slight decrease in the number of Americans, as well as Virginians, traveling during the Labor Day holiday weekend.


Sebelius Speaks at Democratic Convention

For a few brief minutes, Gov. Kathleen Sebelius will hold center stage at the Democratic convention.


Old Dominion faculty leaders ask for more candidates

Faculty leaders are asking Old Dominion University's presidential search committee to find stronger candidates.


Kaine will finish governor term

With his shot at running for vice president behind him, Gov. Timothy M. Kaine said yesterday that he expects to finish his term and thinks the newly minted Democratic ticket with Delaware Sen.


Schedule of Speakers

Sen. Hillary Rodham Clinton of New York will be the headline prime-time speaker, and former Virginia Gov.


current events, culture, commentary, community

Chastened by their years in the minority and threats by the Republicans to make that status permanent, the Democrats are determined that nothing will derail their prospects of regaining the White House, and ...


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.
 
"...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.
© 2006 Somerset Investors Corp. All rights reserved.
home | about us | Mortgage Blog | contact us | privacy policy | state licensing | search | links | link to us | site map
mortgage calculators | refinance | purchase | fha | reverse mortgage | divorce buyout | debt consolidation
Eqaul Housing Lender Member of the Better Business Bureau (BBB) Member of the National Reverse Mortgage Lenders Association (NRMLA)