Longbridge Financial can assist in making the most of your reverse mortgage, to help you in having a more comfortable retirement.
We are committed to helping our clients discover the best program, based entirely on their unique needs and retirement goals. Discover the possibilities, including how much money you can get, by contacting me at (360) 359-7774 or by email at ccarey@longbridge-financial.com.
Home Equity Conversion Mortgage
A HECM reverse mortgage includes a variable or fixed rate of interest. Depending on your financial needs and circumstances, you can choose to receive your money:
- As an upfront lump sum, often up to 60% of the available funds.
- Spread out as monthly payments.
- As needed, in a credit line.
- You may also select a mix of these options, for example, taking an upfront lump-sum amount, and then having the remainder available as a credit line.
HECM For Purchase Reverse Mortgage
Would you like to buy a house that will better fit your lifestyle, now and in the years to come? Longbridge also offers a HECM for Purchase reverse mortgage for homes in Camas and nearby areas.
Longbridge Platinum
If you own a high-value house or condominium, we offer a non-government insured, proprietary reverse mortgage program. Like a traditional HECM, this product was created for homeowners age 55+* and over; but Platinum’s program flexibility offers eligible homeowners access to more available funds, lower closing costs, and a low, fixed rate.
