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Wallops Island, 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.  Wallops Island, 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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Wallops Island, Virginia News
Pocomoke warms to Christmas parade

Snow Hill High School marched away from the Pocomoke Christmas Parade with Grand Champion Band honors in the annual parade on Monday.


Author to make local stops for 'Virginiad'

A British author who now calls Virginia home will appear at two area libraries Tuesday to read from his new history of the state written in verse.


Steelman alleges rough treatment from deputy

An Accomac man Wednesday told Accomack County supervisors he received rough treatment last month in his early-morning arrest and subsequent release by a deputy while he stood on his own property.


Desperate feint on offshore drilling

Even if you'd like to drill, baby, drill, Wednesday's announcement that the Bush administration intends to sell rights to oil and gas off Virginia's coast is a remarkably spiteful move from a presidency in its ...


REGIONAL: NASA, Spaceport against offshore drilling plans

WALLOPS ISLAND - When some rockets are launched from the NASA Wallops Flight Facility, the used motors are dropped from the spacecraft and fall harmlessly into the Atlantic Ocean.


Bay Act hearing slated for tonight in Parksley

PARKSLEY -- The Accomack County Board of Supervisors could vote tonight after a public hearing on a proposal to extend Chesapeake Bay Act regulations to the seaside.


EDA chair wants to operate in the black

PARKSLEY -- The new chairman of the Accomack County Econo-mic Development Auth-ority introduced himself to the Board of Supervisors at its October meeting and said the authority's goals now are to operate in ...


Technical issues, more tests delay Tactical Satellite-3's liftoff

Initially scheduled to launch from NASA's Wallops Flight Facility at Wallops Island, Va., in October, TacSat-3's liftoff is now scheduled for January 2009 after the project team discovered, and then fixed, ...


Lloyd Chamberlain

"Lloyd began his full-time career with NASA as Electronics Engineer at its flight facility on Wallops Island, VA.


New EDA chairman discusses objectives

The new chairman of the Accomack County Economic Development Authority introduced himself to the Board of Supervisors at its October meeting and said the authority's goals now are to operate in the black and to ...


County considers research park investment

PARKSLEY -- The Accomack County Board of Supervisors last week approved by a 7-1 vote the county administrator's request to give him authority to pursue financing for a $3.7 million taxiway that would link ...


Day in the Life of a Biology Major

For most college students, getting up early is a dreaded and despised task. Heather Gowton is not one of these students, however, as she is often crawling through the marshes of Wallops Island, Va., in search ...


Northrop Grumman to build Wallops Island facility

Northrop Grumman is breaking ground on a new facility at Wallops Island in Accomack County on Virginia's Eastern Shore.


Missile blasts off from VAFB on test flight

A Chimera target launch vehicle successfully blasts off at 11:57 p.m. Tuesday from north Vandenberg Air Force Base.


Rocket launch to support missile-defense mission

A modified Minuteman rocket launch set for tonight or Wednesday morning will support a missile-defense mission to collect data while tracking the target with an orbiting satellite.


Captain's Cove investors run aground

SNOW HILL -- Developers for Captain's Cove, a residential development just south of the Worcester County border, have filed for bankruptcy protection after defaulting on about $18 million in loans.


Tropical Storm HANNA Public Advisory Number 40

A TROPICAL STORM WARNING IS NOW IN EFFECT FROM NORTH OF THE NORTH CAROLINA/VIRGINIA BORDER TO MERRIMACK RIVER MASSACHUSETTS...INCLUDING PAMLICO AND ALBEMARLE SOUNDS...ALL OF CHESAPEAKE BAY...THE TIDAL ...


NASA Langley experiment lost

A rocket carrying the $17M hypersonic-research equipment flew off course and was detonated.


Six from area die in storm of the century

A devastating hurricane struck the Eastern Shore of Virginia on Wednesday, Aug. 23, 1933 -- 75 years ago today -- and at the height of the storm the local correspondent from Harborton sat down to write her ...


Wallops rocket launch fails

WALLOPS ISLAND -- A suborbital rocket carrying two NASA experiments costing $11 million was destroyed after it veered off course soon after liftoff early Friday, sending fragments raining into the Atlantic ...


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