Your Hometown Reverse Mortgage Consultant based in Lititz, PA
Your Hometown Reverse Mortgage Consultant based in Lititz,
PA
Licensed in Based in Central Pennsylvania. Licensed in the following states: PA, MD, DE, NJ, OH and VA.
Julie Didyoung
Your Hometown Reverse Mortgage Consultant based in Lititz, PA
Your Hometown Reverse Mortgage Consultant based in Lititz,
PA
Licensed in Based in Central Pennsylvania. Licensed in the following states: PA, MD, DE, NJ, OH and VA.
I'm proud to work with a company focused on one thing: educating seniors about reverse mortgages to help them unlock the power of their homes and live a more comfortable retirement.
Your Starting Point to Reverse Mortgages
Common Misconceptions
MYTH: With a reverse mortgage, the bank takes your home.
That’s false! With a reverse mortgage, the homeowner keeps the title to the home in their name. The lender simply adds a lien onto the title to guarantee that the money will eventually be paid back when the loan becomes due.
MYTH: Your heirs can’t inherit the home with a reverse mortgage.
Nope! You will still be able to pass the home on to your kids. Just like any other mortgage, they can inherit the house. When the loan becomes due, they can decide how to repay the loan balance.
MYTH: Reverse mortgages should only be used as a last resort.
That’s incorrect! A reverse mortgage is a powerful financial tool that can be an important part of your overall financial plan. From paying off an existing mortgage to delaying Social Security benefits, or even establishing an emergency line of credit, it’s a flexible product that gives you options.
MYTH: A reverse mortgage interferes with Social Security and Medicare benefits.
False! Government entitled programs such as Social Security and Medicare are not affected by a reverse mortgage – however, need-based programs such as Medicaid may be. Consult a qualified financial advisor to learn more.
MYTH: Reverse mortgages are expensive.
Here’s the truth – reverse mortgage loan origination costs and interest rates are comparable to those of traditional mortgages. They do not require large out-of-pocket expenses. There are FHA insurance costs that some traditional mortgages don’t require, but the insurance benefits are well worth the relatively small cost.
MYTH: Taxes have to be paid on money received from a reverse mortgage.
Nope! Proceeds from a reverse mortgage are not considered income, and are therefore not taxable. The money from a reverse mortgage comes from your home’s equity, which already belongs to you, so it’s not considered income. Plus, the interest on a reverse mortgage can be tax-deductible when it’s repaid.
Here’s what people like you are saying about us
We're on
Share you experiance
Looks like there aren’t any upcoming events at this time.
Keep checking back for the latest as I update my calendar!
Featured Video
How it Works
For many Americans, their home is their biggest asset, and the one they have invested the most in throughout their lives. And a Home Equity Conversion Mortgage (HECM), or "reverse mortgage," can allow senior homeowners to tap into some of this hard-earned home equity – for another source of cash to help fund retirement, counteract the effects of inflation, and live more comfortably.
Let’s Get Social
FINANCIAL PROFESSIONALS >> EARN 2 ETHICS CE CREDITS! Join us May 15 for a special webinar that fulfills the Certified Financial Planner Board of Standards’ required learning objectives for Ethics continuing education. This session has been designed to educate CFP®️ professionals on CFP Board's new Code of Ethics and Standards of Conduct effective October 1, 2019. Don’t wait – register now! https://attendee.gotowebinar.com/register/7217565298719285084?source=LoanOfficer #Longbridge #webinar #CFP #CFPprofessional #Ethics #FinancialProfessional #CEcredit #financialplanning
Are you a CFP®️ looking to earn your required CE Ethics credits? Register now for our complimentary webinar on May 15, “CFP Board New Code of Ethics & Standards of Conduct,” and fulfill the CFP Board of Standards’ required learning objectives for the approved Ethics CE. Register now to earn 2 ethics CE credits >> https://attendee.gotowebinar.com/register/7217565298719285084?source=LoanOfficer #Longbridge #webinar #CFP #CFPprofessional #Ethics #FinancialProfessional #CEcredit #financialplanning
Peak 65: 7 Things to Do if You Turn 65 This Year
🎉 Turning 65 soon? It's more than just a number – it's a milestone worth celebrating! Sixty-five marks the beginning of a new chapter filled with endless opportunities and experiences. Read our blog for 7 ways to mark this special occasion in your life! #Longbridge #LongbridgeFinancial #blog #65thBirthday
FINANCIAL PROFESSIONALS >> EARN 2 ETHICS CE CREDITS! Join us May 15 for a special webinar that fulfills the Certified Financial Planner Board of Standards’ required learning objectives for Ethics continuing education. This session has been designed to educate CFP®️ professionals on CFP Board's new Code of Ethics and Standards of Conduct effective October 1, 2019. Don’t wait – register now! https://attendee.gotowebinar.com/register/7217565298719285084?source=LoanOfficer #Longbridge #webinar #CFP #CFPprofessional #Ethics #FinancialProfessional #CEcredit #financialplanning
Are you a CFP®️ looking to earn your required CE Ethics credits? Register now for our complimentary webinar on May 15, “CFP Board New Code of Ethics & Standards of Conduct,” and fulfill the CFP Board of Standards’ required learning objectives for the approved Ethics CE. Register now to earn 2 ethics CE credits >> https://attendee.gotowebinar.com/register/7217565298719285084?source=LoanOfficer #Longbridge #webinar #CFP #CFPprofessional #Ethics #FinancialProfessional #CEcredit #financialplanning
Peak 65: 7 Things to Do if You Turn 65 This Year
🎉 Turning 65 soon? It's more than just a number – it's a milestone worth celebrating! Sixty-five marks the beginning of a new chapter filled with endless opportunities and experiences. Read our blog for 7 ways to mark this special occasion in your life! #Longbridge #LongbridgeFinancial #blog #65thBirthday
From all of us at Longbridge, we wish all those celebrating Passover a joyous and happy spring season ahead!
Happy Earth Day! Today and every day is a great day to reduce, reuse and recycle – protecting our planet for future generations to come. #EarthDay
📢 CE CREDIT OPPORTUNITY 📢 Attention financial advisors! Don't miss our upcoming webinar, “Helping Clients Fund the Rising Costs of Aging in Place.” This session will feature exclusive insights from Kelly Rogers, Certified Gerontologist, who will share strategies for utilizing untapped funding sources effectively to help your clients fund the ever-increasing costs of services, supplies, and care. Secure your spot to earn CE credit! https://attendee.gotowebinar.com/register/1797193974914656856?source=LoanOfficer #Longbridge #webinar #FinancialProfessional #CEcredit #aginginplace
About Me
Born and raised in Lancaster County, Pennsylvania, I am proud to still call Lancaster my home. I’ve been in the mortgage industry for 15 years and enjoy helping retirees achieve a better retirement lifestyle than they expected to be able to have. Whether it’s financing a new house in a lifestyle community or bringing them financial peace of mind by making use of their home equity, it’s incredibly rewarding to see the impact a reverse mortgage can have.
On days I’m not helping retirees achieve their best retirement lifestyle, I enjoy traveling and serve as a Mindfulness Meditation Teacher.
Licensed by the New Jersey Department of Banking and Insurance. Branch Addresses: 433 Patriots Way, Lititz, PA 17543; Branch NMLS #: 2484191, 61 South Paramus Road, Suite 500, Paramus, NJ 07652, Branch NMLS #: 957935; Phone #: 551-264-5035