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Virgilina, 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. Virgilina, 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!

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Virgilina, Virginia News
Murder case going to Grand Jury The man accused of murdering a Clarksville native appeared before a judge on Monday.
Official: Lakefest attendance down Thousands of people turned out for the 31st annual Virginia Lake Festival in downtown Clarksville this weekend, although officials said the event did not attract as many people as it has in the past.
Official: Lakefest attendance down Thousands of people turned out for the 31st annual Virginia Lake Festival in downtown Clarksville this weekend, although officials said the event did not attract as many people as it has in the past.
Correspondence via Email A late spring tradition returned Saturday with the 26th annual Virgilina Summerfest celebration in downtown Virgilina.
Halifax County hit by possible twister "I saw some roofs blown off houses." While most of the Dan River Region was hit with steady rainfall, there were reports of strong winds and a possible tornado in Halifax County. via Danville Register Bee
Why Halifax was caught by surprise "This tornado was on the ground literally for just a couple of minutes and if that occurs during the time the radar is scanning the skies we may miss small circulations like that with the radar" Some tornado victims are finally allowed back to their homes, which now sit in rubble. via WSLS
Virgilina begins to pick up the pieces after tornado "I think everything is going along well" Neighbors in Virgilina are helping each other rebuild after a tornado tore through the small Halifax County town on Monday afternoon, damaging homes and uprooting trees. via The Eden Daily News
Storm hits Virgilina in Halifax Co. hard "There were trees on some houses. Porches were blown off" Halifax County Supervisor Lottie Nunn was sitting in her home near Virgilina watching TV Monday when she was startled by a sudden thunderstorm. via WSLS-TV Roanoke

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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.