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Penhook, 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.  Penhook, 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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Penhook, Virginia News
Glenn R. Blair

Glenn R. Blair, 78, of Fredericksburg died Saturday, Nov. 15, 2008. Mr. Blair was born March 20, 1930, in Sandy Level, Pittsylvania County, to Walter and Florence Blair.


Meeting focuses on cleaning up rivers, streams in county

Many on statesdirty waters list Staff Photo by Morris Stephenson: Four county beef and dairy farmers attended the meeting including Preston Belcher, left; Nedi3 4 Hudson, third from left; Garrett Hodges, ...


Supervisors approve Park's new development

The Franklin County Board of Supervisors at a Sept. 23 public hearing unanimously voted to approve rezoning and special use permits for a new development proposed by Penhook Pointe, an LLC headed by developer ...


Roll-off dumpsters to help with fall cleanup

Fall arrived this week, and one sign of the change in seasons is the return of large roll-off dumpsters at green box sites throughout Franklin County to help residents with fall cleaning.


Advance tickets still available for SML Wine Festival - roanoke.com

The Smith Mountain Lake Chamber of Commerce will celebrate the 20th anniversary of the SML Wine Festival on Saturday, Sept.


Gas prices vary widely

Retailers say they are not to blame Staff Photo by Morris Stephenson: Motorists had mixed emotions when they first saw Monday s gasoline prices following a topsy-turvy weekend at the pumps.


Danville museum opens two new exhibits

Children's picture-book illustrations and rural Pittsylvania County settings abound in two new exhibits at the Danville Museum of Fine Arts & History.


Southern Depot releases first CD

Roger Handy's name has been synonymous for more than 30 years with bluegrass music in Franklin County and throughout the country.


Debate on lake flow intensifies

The state Department of Environmental Quality will accept written comments on the proposed water release protocol through Aug.


Hitting the dirt

Don Palmer cuts a tree stump down to ground level with his son, Logan, nearby. Palmer, a cattle farmer, is opening up 200 acres of his property to a type of off-road racing that involves technical riding ...


House-burning threat won't be prosecuted

Thursday, July 31, 2008 2:17 PM EDT A Penhook man who allegedly threatened to burn down his mother's home won't be prosecuted at this time.


Accident partially closes Route 40 near Penhook

July 17, 2008 Accident partially closes Route 40 near Penhook Officials in Pittsylvania County say West Gretna Road is partially closed near Penhook.


Expert advice on helping your garden grow - roanoke.com

Don't blink or it will be Labor Day. It's almost mid-July, and that means there are a cornucopia of delights coming out of the garden.


2 from Virginia Beach to play for State Am title

It's an all Virginia Beach duel over 36 holes on Saturday for the Virginia State Golf Association's 95th State Amateur Championship at the Kingsmill Resort and Spa.


SML Charity Home Tour houses unveiled - roanoke.com

Eight homes have been selected for the Smith Mountain Lake Charity Home Tour which will be held Oct.


Bridging the gap - roanoke.com

C ontentment Island is a small subdivision in Penhook where residents enjoy panoramic lake views and secluded access.


SML Wedding Unites Reality TV Stars - roanoke.com

Walking across the ballroom without bumping into someone from a reality television show was close to impossible Saturday night at The Water's Edge Country Club in Penhook.


U.S. Marshal sweep nets 35 arrests in county

The Franklin County Sheriff's Department joined forces with the U.S. Marshals Service to apprehend 35 people on 61 warrants issued in Franklin County.


Water's Edge golf course holds its grand re-opening

May 29, 2008 Water's Edge golf course holds its grand re-opening The Water's Edge golf course held a grand re-opening Thursday in Penhook, following renovations to the par 72 layout over the past 20 months.


VDOT to close Rt. 659 in Franklin Co. for repairs from May 28-June 11

Beginning Wednesday, May 28, Route 659 in the Penhook area of Franklin County will be closed to through traffic near the intersection of Route 626 .


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