Atlanta, GA 10/2/2012 5:05:00 PM
News / Finance

Remove the Financial Worries of Retirement with a Reverse Mortgage Loan from Bank of Internet USA

There was a time when retirement was seen as a right, something that had been earned for years of hard work and dedication but we have seen that right slip away as the economy continues to make period of life harder and harder to reach. Retirement isn’t cheap and there are a number of financial obligations that still need to be met and without a considerable amount of money it can appear impossible. Of course appearances can be deceiving and the answer to a perfect retirement may just be a reverse mortgage loan.

For homeowners 62 years of age or older a reverse mortgage loan can be that source of income that makes the difference working longer than you want and living the dream retirement you have always envisioned. At Bank of Internet USA, America’s oldest and most trusted Internet bank, the goal is to provide every qualified homeowner the ability to enjoy the latter.

Bank of Internet USA has made the process of securing a reverse mortgage loan simple as there are no credit checks or income verification required, everything is based on the equity that has already been built in the home. What this means is that the homeowner can use that equity as leverage and receive a steady stream of money to actually enjoy their retirement.

A reverse mortgage loan from Bank of Internet USA comes with a number of benefits aside from just the money and these benefits include retaining ownership of the home, having the option of not making any loan payments for the time you live in your home, the ability to refinance or sell your 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:

https://www.bankofinternet.com/bofi/Mortgage/Reverse_Mortgages.aspx