BNY Mortgage offers fixed-rate jumbo reverse mortgageMortgagePress.comReverse mortgages
BNY Mortgage Company LLC has introduced Prime Advantage, a
fixed-rate jumbo reverse mortgage.
"With interest rates more than doubling over the past three
years, many homeowners are uncomfortable with an adjustable rate,"
said Robert Sivori, co-president of BNY Mortgage. "Prime Advantage
eliminates this uncertainty by providing an opportunity to lock in
a fixed rate at closing. It also provides the flexibility to
eliminate lender closing costs and gives borrowers the comfort of
knowing exactly how much money they will owe at any point in
Newburgh, N.Y.-based BNY Mortgage Company LLC is an originator
and servicer of reverse mortgage loans and a subsidiary of EverBank
Financial Corporation. For more information, call (800) 651-6941 or