Longbridge Financial can assist in making the most of your reverse mortgage to help you have a more comfortable retirement.
We’re dedicated to helping our clients discover the right financial option, based solely on their needs and goals. Explore the possibilities, including how much money you could get, by contacting me at
Home Equity Conversion Mortgage
Your HECM reverse mortgage includes a fixed or variable rate of interest. Depending on your financial circumstances and needs, you can select to receive your funds:
- When you need it, in a credit line.
- As a single upfront payment, often up to 60% of the available funds.
- Over time, as monthly payments.
- You may also choose a mix of these options, for example, receiving an upfront lump-sum payment and then having the rest available as a credit line.
HECM For Purchase Reverse Mortgage
Would you like to purchase a house to better meet your lifestyle, today and in the years to come? Longbridge Financial also offers a HECM for Purchase reverse mortgage.
If you own a higher-value home or condo, Longbridge Financial offers a proprietary, non-government insured reverse mortgage program. Similar to a traditional Home Equity Conversion Mortgage, Longbridge Platinum is designed for borrowers age 55+* and over; but Platinum’s program flexibility allows eligible borrowers access to more available cash, lower upfront costs, and a low, fixed rate.