Golden Gateway Financial, headquartered in Oakland, Calif., has introduced the first independent Internet-based financial services site focused solely on innovations in retirement financing, particularly reverse mortgages. Golden Gateway Financial says the site offers a safe and comfortable environment for seniors and their adult children to confidently learn about, compare and select reverse mortgages and related services.
On the site, users can compare reverse mortgage options from leading lenders and calculate benefits and costs in three simple steps – requiring less than three minutes to complete.
In addition, the company's reverse mortgage calculator determines the amount of money that can be borrowed and provides amortization details on all closing costs and fees. The calculator allows users to figure out how much equity will remain at the end of the loan based on the loan amount and adjustable assumptions about appreciation.
The services are available at www.goldengateway.com.