Reverse Mortgage Start-Up Launches

MortgageRewind.com, a new online reverse mortgage lending platform based in Silverthorne, Colo., is now online.

 

MortgageRewind offers reverse mortgages, mortgage refinancing, new purchase mortgages, and home equity lending. Mortgages are currently only available to residents of Colorado, but the company plans to expand its operations across the country later this year.

 

"After months of development, collaboration, training, and education, we are proud to announce the launch of MortgageRewind.com," said Jered Klima, President and Founder of MortgageRewind.com. "We realized there's a need for more available lenders that can offer reverse mortgages as a smart financial tool for retirees. The average American couple aged 65 or older has more than two-thirds of their total wealth tied up in home equity, which is a big problem for someone no longer working and receiving minimal or no retirement income. That's exactly why I'm so dedicated to the success of this company and the financial security of retired Americans."

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