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

FL Reverse Mortgage in Florida

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.  FL 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!

Local reverse mortgage directory for FL :
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
O Brien Odessa Oneco Ormond Beach
Oak Hill Okahumpka Opa Locka Osprey
Oakland Okeechobee Orange City Osteen
Ocala Old Town Orange Lake Otter Creek
Ochopee Oldsmar Orange Park Oviedo
Ocklawaha Olustee Orange Springs Oxford
Ocoee Ona Orlando Ozona

Return to our reverse mortgage page

Call for COMPLETE details NOW!

(800) 675-9783

Florida News
More than a billion bucks short

The state's financial situation is even worse than economists predicted just two months ago.


Unemployment in Florida highest in 15 years

FL unemployment rises again FL revenue down sharply FL teen commits suicide live on web cam Lee Co.


Florida Open Record Laws Often Violated

Many county officials are creating barriers to Floridians' access to public records, often because they don't know how to handle requests.


Graduation Rate Rising; Dropouts Falling

Florida's high school graduation rate climbed again last year, boosted by continuing strides from minority students and a decline in the percentage of students dropping out, according to new state Department of ...


Man gets 20-year sentence for conning church

A South Florida man who swindled a church out of nearly $1.7 million has been sentenced to 20 years in prison.


Early, Absentee Ballots Gave Obama Win In Florida

More Floridians voted for John McCain than Barack Obama on Election Day, but the Democrat sealed his victory in the state by winning more early and absentee votes.


Panel To Discuss Borrowing From Florida Tobacco Fund

The State Board of Administration will discuss a plan to borrow money from the state's tobacco settlement trust fund to help Florida avoid an unconstitutional budget deficit.


Crist proposes Fla. university tuition increases

Gov. Charlie Crist wants to give each of Florida's 11 state universities the power to raise tuition by up to 15 percent every year.


Florida youth survey shows substance abuse drop

The annual Florida Youth Substance Abuse Survey shows continuing declines in binge drinking, smoking - both tobacco and marijuana - and most other drug use.


State police end probe of suspicious death of woman's third husband

Florida police say they've closed an investigation into the suspicious death of the third husband of a Georgia grandmother who has left a trail of five dead husbands in five states.


Cougar Attacks Teen In South Florida Home

Nov 15, 2008 7:51 pm US/Eastern PALM SPRINGS NORTH A 16-year-old girl was rushed to the hospital Saturday after being mauled by a cougar.


Corrections department wants nearly $287M more

Restoring money cut last year to prison education programs and increasing money to programs that would help prepare inmates to re-enter society are some of the top priorities for The Department of Corrections, ...


Survey: Floridians to reduce holiday shopping

New University of Florida surveys shows state consumers plan to drastically cut their holiday spending, leaving retailers with their worst holiday season in decades.


Police Arrest Internet Gang Members

Authorities in southwest Florida put new state anti-gang legislation to work when deputies with a special unit arrested 14 individuals they described as gang members, including seven suspects who had ...


Palm Beach County Florida Joins Nat'l Protest Against Gay Marriage

Anthony Falzarano, 52, held up a sign Saturday that read "Do not be deceived" and "Homosexuals will not enter the Kingdom of God" to counter the proponents of gay marriage that stood out front of City Hall in ...


Around the Region - Nov. 17

COMMUNITY Supreme Court justice to speak at UF today U.S. Supreme Court Justice John Paul Stevens is speaking today at the University of Florida.


Schwarzenegger Pushes Climate Agenda

Hundreds of U.S. and foreign politicians, environmental officials and activists, are gathering in California for a global climate summit.


Cold realities await Gov. Sarah Palin in Alaska

Gov. Sarah Palin, heralded by some conservatives as the future of the Republican Party, faces some cold political realities in present-day Alaska.


Florida plagued by arrests for sex-crime teachers

At least 150 Florida teachers have been disciplined in the past three years after being accused of sexual misconduct with students, an Orlando Sentinel review has found.


Navy nuclear carrier to dock at Jacksonville

The U.S. Navy plans to make Mayport Naval Station in Jacksonville the new home of a nuclear aircraft carrier.


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.
 
"Every other company said they could not help us. After speaking to about five companies, we really believed that no one could. Then we called Somerset, and your company proved us and those other companies wrong. We can't thank you enough for all your hard work and effort in getting us a low fixed rate. We can now breathe easier..." - L. Braun
© 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)