Longbridge Financial can help you make the most of your California reverse mortgage, and help you have a more comfortable financial future.
We’re dedicated to helping our clients find the best option, based solely on your unique needs and financial goals. Discover the possibilities, including how much money you can get, by contacting me at (949) 403-7688 or by email at bleber@longbridge-financial.com.
HECM Reverse Mortgage
The HECM reverse mortgage features a variable or fixed interest rate. Depending on your financial needs and circumstances, you can choose to receive your money:
- In a single upfront payment, typically up to 60 percent of the available amount.
- Over time, as monthly payments.
- When you need it, in a growing credit line.
- You may also choose a mix of these options, for example, taking an initial lump-sum amount, and then having the rest available as a credit line.
HECM For Purchase Reverse Mortgage
Would you like to purchase a house to better fit your lifestyle now and in the years to come? Longbridge also provides a HECM for Purchase reverse mortgage in Laguna Niguel and the surrounding areas.
Longbridge Platinum
If you have a higher-value home or condominium, we offer a proprietary, non-government insured reverse mortgage loan. Similar to a traditional reverse mortgage, Longbridge Platinum is designed for borrowers age 55+* and over; but Platinum’s program flexibility provides eligible borrowers access to more available cash, lower closing costs, and a low, fixed interest rate.