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Reverse Mortgage
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Debt Consolidation
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Prospect, 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. Prospect, 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
| Prospect, Virginia News |
Community News: Pittsylvania County Democratic caucus on Monday, April 21st
The Pittsylvania County Democratic Committee will convene an assembled caucus Monday, April 21 at 7:00 p.m. in the general district court room in the Edwin Shields building in Chatham. via WSLS
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Elementary students take a look at life in colonial Virginia
"We're going to take a look at artifacts today" Students in six Danville elementary schools will take a look at life during colonial time this month through visits from the Jamestown-Yorktown Foundation, the state agency that administers Jamestown Settlement ... via Danville Register Bee
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Chatham to celebrate Garden Week with tours
The Chatham Garden Club will celebrate Historic Garden Week in Virginia this Sunday, April 20 from 1:00 p.m. to 6:00 p.m., with tours of three private homes and two Historic Landmark sites. via Danville Register Bee
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Virginia State Police
"For the quilt to be given to the men and women who responded to, secured and investigated the incidents of April 16 is a tremendous privilege for each of them and the Department as a whole." Home > News Releases > 4-16-08 RICHMOND Nine women from four states, including Virginia, created a one-of-a-kind quilt in honor of the 32 lives lost April 16, 2007, on the Virginia Tech campus. via Vsp.state.va.us
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State Police issue endangered missing child alert
The Virginia State police and Virginia Missing Children Clearinghouse have issued an endangered missing child alert on behalf of the Charlottesville Police Department. via WDBJ7
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Foreclosures rise rapidly
"The March numbers show that overall foreclosure activity so far this year continues to run nearly 60 percent above the levels we saw last year" The number of foreclosure filings in Virginia continues to rise sharply, according to March figures released yesterday by RealtyTrac, an online database of foreclosed properties. via WSLS-TV Roanoke
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Va. Union's Robbins to step down
"But I put Dave at the head of the class [because of his three national championships and winning percentage]. "There will be those who are prejudiced in their opinions and refute what I say, but on paper, they can't prove it." Dave Robbins is expected to step down today after 30 years as Virginia Union University's men's basketball coach. via Danville Register Bee
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With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
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"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.
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