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

NC Reverse Mortgage in North Carolina

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.  NC 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 NC :
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
Calabash Cedar Island Climax Corapeake
Calypso Cedar Mountain Clinton Cordova
Camden Cerro Gordo Clyde Cornelius
Cameron Chadbourn Coats Corolla
Camp Lejeune Chapel Hill Cofield Council
Candler Charlotte Coinjock Cove City
Candor Cherokee Colerain Cramerton
Canton Cherry Point Colfax Creedmoor
Caroleen Cherryville Collettsville Creston
Carolina Beach Chimney Rock Columbia Creswell
Carrboro China Grove Columbus Crossnore
Carthage Chinquapin Comfort Crouse
Cary Chocowinity Como Crumpler
Casar Claremont Concord Culberson
Cashiers Clarendon Conetoe Cullowhee
Castalia Clarkton Connellys Springs Cumberland
Castle Hayne Clayton Conover Cumnock
Catawba Clemmons Conway Currie
Cedar Falls Cleveland Cooleemee Currituck
Cedar Grove Cliffside

Return to our reverse mortgage page

Call for COMPLETE details NOW!

(800) 675-9783

North Carolina News
Buhrs Americas Names Sales Manager

Buhrs Americas, the North American subsidiary of the leading international provider of mailing solutions, has named Bruce Goins to the position of Southeast Region Sales Manager for Envelope Inserting Systems.


Drilling's fit with coast at issue

When considering offshore oil exploration, North Carolina leaders should analyze the future appearance of the coastline if the industry strikes oil and locates here, and they should evaluate whether the state ...


Committee suggests new taxes, fees for road needs

North Carolina motorists could pay a fee for the number of miles they travel in a year if the General Assembly were to approve a funding proposal for new revenue to help pay for state road projects.


Wait is over for Brawley School Road motorists

Motorists who have anxiously been awaiting the widening of Brawley School Road will finally get their wish this week.


2 NC Masonic groups join

North Carolina's two Masonic organizations -- one black and one white -- have signed a resolution recognizing each other.


Military has date for first execution since 1961

By JOHN MILBURN A former Army cook convicted of multiple rapes and murders is set to die next month in what would be the U.S. military's first execution in nearly 50 years.The military said Thursday that ...


Northeast prepares for more snow

Several inches of snow was forecast for the Great Lakes region and parts of the Northeast on Friday, while lesser amounts were expected in New England, the mid-Atlantic and the northern Plains.


Va. to study US 29 from NC border to Gainesville

Virginia Department of Transportation officials discussed the study Thursday with Lynchburg business and government officials.


North Carolina's budget shortfall widens to $320M

A new report says the budget shortfall in North Carolina state government has widened.


Fewer going to Grandma's house

Even with a dramatic drop in the price of gas, AAA says fewer Carolinians will be driving for the holidays.


Texting Food Diaries Helps Kids Stick With Diets

Experts hope that letting kids have their fingers do the texting will increase compliance with the food diaries that are such a critical part of successful dieting.


Pre-Thanksgiving Snow Falls in the Triad

The prelude to winter brought snow across much of North Carolina. Snow was reported early Friday from Boone to Lexington, Greensboro, Chapel Hill and the Raleigh-Durham area.


Florida's entry hurts Powerball chances

For the uninitiated, Powerball players buy a $1 ticket and select five numbers listed on white balls drawn from one pot and one Powerball number listed on red balls drawn from a separate pot.


Read the story

A North Carolina sheriff's official has apologized for plunging a funeral into chaos when undercover agents tried to arrest the dead man's son - and used a Taser on him in the process.


High Point bans panhandling

A North Carolina city says it understands if someone asks for spare change on its streets, but warns panhandlers not to get pushy.


NC Troopers To Target Fast Holiday Drivers

Thanksgiving holiday travelers should keep an eye on their speedometers. The North Carolina Highway Patrol will aggressively enforce speeding laws across the state until Nov.


Correction officials, doctors set to argue

The state's highest court will hear legal arguments today that could break the two-year stalemate on executions in North Carolina -- or extend the de facto moratorium.


Meek to step down as NC Democratic Party chairman

The head of the North Carolina Democratic Party has decided two terms is enough.


Debate over doctors and death protocols in NC

As reported in this local article , which is headlined "High court debates execution issue: N.C. justices chide doctors, legislators for not resolving lethal injection deadlock," the messy realities of state ...


Undercover officers use Taser on pallbearer

Authorities in North Carolina are apologizing for disturbing a funeral and tasering one of the pallbearers.


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)