SAN DIEGO, CA--(Marketwired - Dec 9, 2013) - Bank of Internet USA, a division of BofI Federal Bank, a subsidiary of BofI Holding, Inc. (NASDAQ: BOFI), is pleased to announce the launch of its 30-day Close of Escrow Guarantee program for new home buyers nationwide.
With this program, Bank of Internet USA guarantees that your mortgage loan will close by your close of escrow date, or we will waive our lender fee.*
"We stand behind our commitment to provide a quick, streamlined process to close your loan as quickly as possible," explained Brian Swanson, Executive Vice President and Chief Lending Officer. "We have refined our closing process to be as efficient as possible, and we stand with confidence behind this guarantee."
The 30-day Close of Escrow Guarantee is one of many features and products that make Bank of Internet USA the nation's premier mortgage lender. Visit bofi.com/mortgage for more information.
*Subject to terms and conditions, click here to learn more about the program.
About BofI Holding
BofI Holding, Inc. (NASDAQ: BOFI) is the holding company for BofI Federal Bank, a nationwide bank that provides financing for single and multifamily residential properties, small-to-medium size businesses in target sectors, and selected specialty finance receivables. With approximately $3.3 billion in assets, BofI Federal Bank provides consumer and business banking products through its low-cost distribution channels and affinity partners. BofI Holding, Inc.'s common stock is listed on the NASDAQ Global Select Market under the ticker symbol BOFI and is a component of the Russell 3000 Index and the S&P SmallCap 600® Index. For more information on BofI Federal Bank, please visit bofifederalbank.com.