There’s no need to struggle with the high interest rates of credit cards any longer!  Whatever your reason for falling into debt, Somerset can help get you back on your feet.  Our debt consolidation specialists can help you:

Lower Your Monthly Payment 
You’ll benefit from the ease of paying just one low monthly payment while quickly eliminating your debt.

Save Money

Somerset Investors Corp. offers some of the lowest mortgage interest rates in the industry.  Combine your high interest credit cards, personal loans, retail cards, home improvement loans, time shares, and boat loans into a single low interest debt consolidation loan.  Even if you have bad credit, Somerset’s debt consolidation specialist can get you on the right track.

Consolidate Mortgages

Take advantage of lower interest rates by consolidating all your mortgages into a single mortgage with a low interest rate.

Smile during Tax-Time

A debt consolidation loan can save you money on taxes!  Unlike credit cards, mortgage interest is usually tax deductible.  Consult a tax professional or one of our debt consolidation specialists to get the facts.

Still deciding if debt consolidation is right for you?  There’s never any fee or obligation to speak to our debt consolidation specialists.  They can work with you to determine just how a debt consolidation loan will benefit you.

Reverse Mortgage

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.  You 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!