At Longbridge, we are dedicated to working with financial advisors and real estate professionals to help senior homeowners live the retirement they deserve. A partnership with us can help you better serve your clientele and expand your business.
Longbridge makes the process as easy as possible by providing tools to help you understand how the process works so you’ll know what awaits you.
Discover how to become a Longbridge partner below!
Financial Advisors
As a financial professional, you want to offer your clients the best approach for financial success. This is exactly why it is important that the strategic use of home equity becomes part of any conversation about retirement planning. A HECM loan, when used strategically as part of a comprehensive retirement strategy, can be a useful and effective tool for your clients age 62+ to lower taxes, establish an emergency fund, improve cash flow, and much more.
Real Estate Professionals
There’s a quickly growing market of homebuyers 62 and above who are looking to right-size, downsize, or upsize into a home that makes the most sense for them in retirement. You can gain a competitive advantage over other real estate professionals in your area by becoming versed in "HECM for Purchase" loans. These loans were created to help homebuyers 62 and older afford and purchase the home they really want for retirement.
Senior Care Professionals
Many specialists working in home health care frequently witness clients struggling with the fees associated with these services. Longbridge Financial has helped thousands of seniors use their home equity to help finance home health care. By converting part of their home's equity into available cash, many retirees have avoided having their home health care services prematurely cancelled or needlessly lowered. Some have also selected to make much needed upgrades and improvements to their house to make aging in place more comfortable. Contact me today to learn how a partnership can help the seniors you care for.
Residential Builders
As a residential builder, you can benefit from customers using a reverse mortgage to build a new home. The process is straightforward. Qualifying home buyers ages 62 and above will use proceeds from their reverse mortgage to make a larger payment on their new home build. Their bank will pay the remainder to finish the payment. Since their down payment came from a reverse mortgage, which doesn't require monthly payments1, home buyers often choose to leverage their increased purchasing power to buy a larger home or pay for additional builder improvements. Call or email me today to learn more about how a strategic partnership can help expand your business.
