Many homeowners 62 years of age or older can attest there are a number of responsibilities that must be met to maintain ownership. Of course these responsibilities are met not only to keep the home but also to provide some level of financial security in the future. That security can come in the form of a reverse mortgage from Bank of Internet USA.
As America’s oldest and most trusted Internet bank, Bank of Internet USA can provide a reverse mortgage loan to qualified homeowners and ensure they have the financial means necessary to enjoy the retirement life they desire.
What makes reverse mortgages so advantageous to a homeowner is the loan is based on the equity that has already been built in the home. A reverse mortgage isn’t based on credit scores of income but on the work the homeowner has already done.
Additionally, with a reverse mortgage homeowners maintain ownership of their home, have the option of not making any loan payments while they live in their home, and can refinance or sell their home at any time. The benefits of a reverse mortgage are many and can dramatically improve the retirement lifestyle you live.
Learn more about how a reverse mortgage can provide you with the financial freedom you want during retirement at: https://www.bankofinternet.com/bofi/Mortgage/Reverse_Mortgages.aspx