While many people are feeling the effects of a difficult financial climate perhaps nobody has been impacted more than those nearing retirement or having already retired. As the economy continues to sputter and prices continue to climb what these individuals are finding is that retirement no longer appears to be a viable option. Fortunately for homeowners 62 years of age or older there is a solution to this dilemma and it comes in the form of a reverse mortgage.
Bank of Internet USA, America’s oldest and most trusted Internet bank, understands just how important retirement is and wants to ensure that qualified homeowners seeking financial security for this phase of their life can get it through reverse mortgage loan. With a reverse mortgage from Bank of Internet USA homeowners will be able to supplement their income with a steady stream of money that can make their retirement everything that they have dreamed.
What makes a reverse mortgage loan from Bank of Internet USA so great is just how easy it is to secure as there are no credit checks or income verification, it’s all about the equity that has already been built in the home. Essentially a reverse mortgage loan is a reward for work that has already been done by responsible homeowners.
Not only do qualified homeowners get a steady stream of money as part of their reverse mortgage loan, they also retain ownership of their home, have the option of not making any loan payments for the time they live in their home, have the ability to refinance or sell their home at any time, as there are no penalty fees with a reverse mortgage loan, and many more.
If you are considering a reverse mortgage loan and have questions Bank of Internet USA has a team of professional reverse mortgage specialists readily available to provide you with information and point out additional features and benefits that come with a reverse mortgage.
To learn more about additional benefits of reverse mortgages and how you can get started go to: