Longbridge Financial can assist in making the most of your Indian Land reverse mortgage to help you have a more comfortable financial future.
We’re committed to helping you discover the best program, based entirely on your unique needs and retirement goals. Explore the possibilities, including how much cash you could receive, by contacting me at (843) 371-3797 or by email at khoffman@longbridge-financial.com.
HECM Reverse Mortgage
A HECM reverse mortgage features a variable or fixed rate of interest. Depending on your financial circumstances and needs, you can choose to receive your money:
- In an upfront lump sum, often up to 60 percent of the available funds.
- Over time, as monthly payments.
- As needed, in a credit line.
- You may also select a combination of these options, for example, taking an initial lump-sum payment, and then having the balance available as a credit line.
HECM For Purchase Reverse Mortgage
Would you like to buy a house to better meet your lifestyle, now and in the future? Longbridge Financial also provides a HECM for Purchase reverse mortgage in Indian Land and local neighborhoods.
Jumbo Reverse Mortgage
If you own a higher-value home or condo, Longbridge offers a non-government insured, proprietary reverse mortgage product. Like a traditional HECM, this product is designed for homeowners age 55+* and over; but Platinum’s program flexibility allows eligible homeowners access to more available cash, lower upfront costs, and a low, fixed interest rate.
