Atlanta 3/13/2013 10:00:00 PM
News / Real Estate

Reverse Mortgages from Bank of Internet Turn Equity into Cash for Qualified Homeowners

Many Americans over sixty are now finding themselves in positions that don’t allow for the kind of financial freedom they anticipated having at their age. While many had prepared for retirement for years, the economic downturn of the late 2000’s created substantial challenges that many were simply unable to weather without relying on retirement resources, investments, and savings. Many of those who managed to maintain their home ownership through this period can now begin rebuilding or adding to retirement opportunities by choosing Reverse Mortgages as a way to capitalize on their hard earned equity.

Bank of Internet offers homeowners 62 and older Reverse Mortgages to convert the home equity they have built into cash to put toward significant purchases or investments, eliminate monthly mortgage payments, or take the next step toward retirement. Reverse Mortgages are easier to receive approval for than traditional home loans, recipients retain ownership of their home and have no obligation to make a payment for as long as they live there. In addition, homeowners can sell or refinance their home at any time without incurring penalties or fees.

Bank of Internet encourages homeowners currently exploring the options surrounding Reverse Mortgages to contact their trusted team of expert mortgage consultants to better understand the qualifications. These courteous professionals are the backbone of Bank of Internet’s industry standard customer service and can answer questions, assist with applications, and provide support after the closing of the loan. Superior products like Reverse Mortgages and outstanding customer service are why Bank of Internet is the oldest, most trusted internet bank.

Call a mortgage consultant today at 1-888-875-4743 and find out if you qualify for a reverse mortgage.