Live the Retirement You Have Always Wanted with the Help of a Reverse Mortgage Loan from Bank of Internet USA

While retirement has long been seen as a reward for years of dedicated work many are finding that this phase of their life comes with considerable financial insecurity. It’s not easy trying to figure out how you’ll be able to afford living the way you want to on a tight budget. Fortunately for homeowners 62 years of age or older there is a solution and this solution comes in the form of a reverse mortgage.

With a reverse mortgage loan a homeowner can receive additional income, providing them with the financial means to enjoy the retirement they desire. What makes reverse mortgages different from other types of loans is the fact the loan amount is based on the equity a homeowner has already built in their home, essentially allowing all the work and sacrifices that have already been made to work for you.

At Bank of Internet USA, America’s oldest and most trusted Internet bank, homeowners who qualify for reverse mortgages can tap into this equity though an easy process. Making a reverse mortgage even more attractive is the fact that homeowners retain ownership of their home, have the option of not making any loan payments for the time they live in their home, and maintain the ability to refinance or sell their home at any time without penalty.

Despite all the benefits, the decision to opt for a reverse mortgage loan can lead to a number of questions and concerns and to ease any fears Bank of Internet USA has a team of highly skilled professional reverse mortgage specialists dedicated to providing answers and alleviating doubts.

Learn more about how you can live the retirement you have always wanted with a reverse mortgage loan from Bank of Internet USA.