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Reverse Mortgage
Divorce Buyouts
Debt Consolidation
Home Improvement
Purchase
Refinance
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Rose Hill, 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. Rose Hill, 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
| Rose Hill, Virginia News |
Barns of Rose Hill highlights Clarke artists
The Barns of Rose Hill is looking for artists, photographers, poets, musicians, songwriters and authors to contribute to a full color glossy book and CD showcasing some of Clarke County's artistic creativity.
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Mother, Son Sentenced for Insurance Fraud
A Virginia woman and her son, who lied to the insurance company when he crashed her car pleaded guilty to insurance fraud, were sentenced to ten years supervised probation, and ordered to make full restitution ...
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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 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.
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