At Longbridge Financial, our team is dedicated to working with real estate professionals and financial advisors to help retirees live the retirement they dreamed of. A partnership with our team can help you better serve your clientele and increase your business.
Longbridge makes the process as easy as possible by providing tools to help you understand how reverse mortgages work, so you\u2019ll know exactly what to expect.
Learn more about becoming a Longbridge Financial partner below!
Financial Services Advisors
As a financial advisor, you want to give your clients the best strategy for financial success. That is why it's imperative that the intelligent use of home equity is part of any conversation about retirement planning. A reverse mortgage loan, when used strategically as a component of an extensive retirement strategy, can be a useful and beneficial tool for your senior clientele to improve cash flow, lower taxes, build an emergency fund, and much more.
Real Estate Agents
There\u2019s a quickly expanding market of homebuyers ages 62 and older who would like to downsize, upsize, or right-size into a home that works best for them in retirement. You can gain a competitive advantage over other real estate agents in your market by becoming familiar with "reverse mortgage for purchase" loans. These types of mortgages are designed to help homebuyers 62+ buy the home best suited for them in retirement.
Senior Care Professionals
Many professionals working in home care services often witness their clients struggle with the bills that come with senior care. Longbridge Financial has helped countless seniors leverage their home's equity to help pay for home care. By converting a percentage of their home's equity into available cash, hundreds of retirees have avoided having their home health care services prematurely cancelled or unnecessarily reduced. Others have also chosen to make much needed upgrades and improvements to their house so aging in place is more comfortable. Contact me today to learn how a partnership can help the seniors you care for.
Residential Builders
As a home builder, your business can benefit from customers using a HECM to help pay for a new home. The process is straightforward. Approved buyers ages 62 and older will use funds from the reverse mortgage to pay a larger payment toward their new home build. Their lender will put down the remaining balance and finish the financing. Since their down payment came from the reverse mortgage, which does not require monthly payments1, home buyers often choose to use their increased purchasing power to buy a larger house or pay for additional builder improvements. Contact me today to learn how a partnership with Longbridge can help expand your business.
