Somerset Investors Corp. Mortgage Refinance, Reverse Mortage, Home Loan
  Reverse Mortgage Divorce Buyouts Debt Consolidation Home Improvement Purchase Refinance
Search Somerset:
Print this page    E-mail this page

Racine, WI Reverse Mortgage in Wisconsin

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.  Racine, WI 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 WI

Bad Credit? click here.

Call for COMPLETE details NOW!

(800) 675-9783

Racine, Wisconsin News
Second cashier charged in Pick 'n Save theft

A second cashier at Pick 'n Save, 2210 Rapids Drive, is charged with taking thousands of dollars in merchandise from the store.


Teen charged with taking nearly $3,000 in items from Kohl's

A teen who used bolt cutters to snip security tags off merchandise walked out of Kohl's department store with nearly $3,000 in merchandise, police said.


Cashiers accused of theft at Pick 'n Save

Racine police say two cashiers at a Pick 'n Save grocery store have admitted to letting family and friends walk out with as much as $35,000 in store items over the past several months without paying.


Fire damages north side home

An attic fire early Saturday night caused approximately $5,000 in damage to a two-story frame house at Hagerer and Superior Streets, fire officials said.


Rover allowed over at new dog day care

If you can't bear the thought of your dog whiling away entire days in solitude, your faithful companion now has another daytime, playtime option.


Racine man wounded in shooting

Nov. 29, 2008 12:06 p.m. A 24-year-old Racine man was shot in the back shortly before 2:30 a.m. today, Racine police Lt.


Miss Racine Pageant moves to January

The timing just wasn't right. The 2009 Miss Racine scholarship pageant that was scheduled for Nov.


Santa Saturdays: Downtown Racine rings in the season

Zip up your parka, slide on those warm, fuzzy mittens and head Downtown. That's where the action will be in the coming holiday season when the Downtown Racine Corp.


Suspected shooter arrested by Racine police

The 18-year-old suspect in an accidental shooting of a 14-year-old girl at an underage drinking party last month has been arrested by Racine police.


Longtime Racine Lumber Company Closes Doors

Brannum Lumber will close next month -- five months short of its 100th anniversary.


Glad You Asked: What does it cost for the city of Racine to operate...

You think your utility bills are scary? Imagine slitting open the envelope and seeing $1 million in the "Amount Due" box.


Future of Racine's keg ordinance uncertain

The city's keg tracking ordinance is set to expire at the end of the year unless the aldermen vote to renew it.


Live trees are allowed, but local fire officials still don't like them

The holiday season is often stressful for local fire officials. With the decking of halls comes a greater risk of fire, usually the last thing on people's minds, fire officials say.


Coming together: Racine Downtown Cooperative Parish's Thanksgiving...

Prayers will be said, short sermons will be given and a choir will sing. While that may sound like a fairly typical church service, this particular service - which will take place on the eve before Thanksgiving ...


Teen mom charged with abuse watched videos about children who died, police say

A 15-year-old mother who stopped going to Mommy and Me groups to keep her infant son's injuries a secret watched online videos dedicated to children who had died, according to a police report.


Unique jacket leads to Racine police arresting alleged armed robber

An alleged armed robber's unique jacket is what led Racine police to recognize and arrest him Wednesday night.


Summer science academy expands in Racine County

Two Racine County schools will be among the sites around the state to host the 2009 4-H Gateway Academy, a science and technology summer camp for middle school students.


Raymond and Union Grove see tax rate increases

Local school districts are feeling the brunt of a drop in state aid and little or no growth in tax base, which will affect this year's property tax bills, school administrators said.


Unified computers to see better back-up proection

The computer room where the Racine Unified School District keeps important financial and student data will soon be a safer, more stable place.


Two more Racine legislators to sit on budget committee

Three Racine County legislators will sit on the state Legislature's powerful budget writing committee during the upcoming legislative session.


Save time with our easy online mortgage application.
With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
 
"Our family would like to thank Somerset Mortgage Lenders for getting us out of foreclosure. Without your help we do not know what would have become of our family. When we first called, we were in Chapter 13 bankruptcy...Not only will we now be able to keep our home, but we'll be able to put ourselves on track financially, thanks to all the efforts of the wonderful people at Somerset. We will be forever grateful to you all." - Scott & Amy
© 2006 Somerset Investors Corp. All rights reserved.
home | about us | Mortgage Blog | contact us | privacy policy | state licensing | search | links | link to us | site map
mortgage calculators | refinance | purchase | fha | reverse mortgage | divorce buyout | debt consolidation
Eqaul Housing Lender Member of the Better Business Bureau (BBB) Member of the National Reverse Mortgage Lenders Association (NRMLA)