Bank of Internet USA Offers Reverse Mortgages to Ages 62+

People ages 62 and up may qualify for a reverse mortgage. They have worked there whole lives to secure the equity of their assets. Bank of Internet recognizes this and grants reverse mortgages with multiple benefits and based on only a few additional qualifications. 

Reverse mortgages are based on equity, not typical loan requirements. Homeowners who are 62 years of age and older qualify for a reverse mortgage. They can even choose an option that does not require them to pay back the loan during the time they live in their house. 

Reverse mortgage recipients retain ownership of their home. They are even able to refinance or sell the home at any time without penalty. The loan process is easy for qualified applicants, and the money received can be used for any purpose. 

Bank of Internet USA offers some of the lowest interest rates and fees available for mortgages.