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North Carolina industry appointments update - 6/11/2007

National Mortgage Professional
Jun 10, 2007

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 time." 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 visit www.bnymortgage.com.
Published
Jun 10, 2007
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