Longbridge makes selling reverse mortgages as easy as possible by providing tools to help you understand how the process works so you’ll know what to expect.
At Longbridge Financial, our team is committed to collaborating with financial advisors and real estate professionals to help senior homeowners live the retirement they deserve. A partnership with our team can help you better serve your clientele and increase your business.
Discover more about becoming a Longbridge partner today!
Financial Services Advisors
As a financial services professional, you want to give your clients the best strategy for financial success. That is why it's imperative that the strategic use of home equity be part of any conversation about retirement planning. A HECM reverse mortgage, when used strategically as a component of a broad retirement strategy, can be a useful and important tool for your senior clientele to reduce taxes, build an emergency fund, increase cash flow, and much more.
Real Estate Professionals
There’s a rapidly growing market of homebuyers ages 62+ who would like to right-size, downsize, or upsize into a house that makes the most sense for them in retirement. You can gain a strong advantage over other real estate agents in your market by being familiar with "reverse mortgage for purchase" loans. These loans are designed to help homebuyers 62+ purchase and afford the house best suited for them in retirement.
Senior Care Professionals
Many professionals working in home care services often witness their clients struggle with the fees associated with senior care. Longbridge Financial has helped countless retired seniors leverage their home equity to help pay for home care. By changing a portion of their home's equity into available funds, many seniors have prevented having their home health care services cancelled or unnecessarily reduced. Many have also chosen to make necessary improvements and upgrades to their house to make aging in place more sustainable. Contact me today to discuss how a strategic partnership can help your clients.
Residential Builders
As a residential builder, your business can benefit from customers leveraging a reverse mortgage when building a new home. The process is easy. Approved home buyers ages 62 and above will use money from the reverse mortgage to pay a larger portion toward their new home build. Their lender will put down the remainder to finish the financing. Since their down payment came from a reverse mortgage, which doesn't require monthly mortgage payments1, buyers often decide to use their increased buying power to purchase a bigger home or buy additional builder improvements. Contact me today to learn more about how a partnership can help you grow your business.
