Longbridge Financial can assist in making the most of your reverse mortgage, to assist you in having a more comfortable financial future
Longbridge is committed to helping you discover the best program, based solely on your unique needs and financial goals. Discover the possibilities, including how much cash you can get, by contacting me by phone at 551-264-5422 or by email at carol.miller@longbridge-financial.com.
Home Equity Conversion Mortgage
The HECM reverse mortgage features a fixed or variable interest rate. Depending on your financial needs and circumstances, you can select to collect your money:
- As a single upfront payment, usually up to 60% of the available proceeds.
- Dispersed, as recurring monthly payments.
- When you need it, in a credit line.
- You can also select a mixture of these options, for example, taking an upfront lump-sum payment, and then having the rest available as a line of credit.
HECM For Purchase Reverse Mortgage
Would you like to buy a home to better meet your lifestyle, today and in the years to come? Longbridge Financial also offers a HECM for Purchase reverse mortgage.
Jumbo Reverse Mortgage
Should you own a higher-value house or condo, we offer a proprietary, non-government reverse mortgage loan. Like a traditional Home Equity Conversion Mortgage, this product was created for homeowners age 55+* and over; but Platinum’s program flexibility provides eligible borrowers access to more available cash, reduced upfront costs, and a low, fixed interest rate.
