Longbridge Financial can help you make the most of your reverse mortgage to assist you in having a more comfortable financial future.
Longbridge is committed to helping you find the right program, based solely on your unique needs and financial goals. Explore the possibilities, including how much cash you could receive, by contacting me at (775) 297-8755 or by email at ccarstens@longbridge-financial.com.
Home Equity Conversion Mortgage
A HECM reverse mortgage features a fixed or variable interest rate. Depending on your financial needs and circumstances, you can choose to collect your funds:
- In an upfront lump sum, usually up to 60% of the available amount.
- Over time, as monthly payments.
- As needed, in a credit line.
- Borrowers may also select a combination of these options, for example, receiving an initial lump-sum amount and then having the balance available as a line of credit.
HECM For Purchase Reverse Mortgage
Would you like to buy a home to better fit your lifestyle, either now or in the future? Longbridge also provides a HECM for Purchase reverse mortgage for Las Vegas borrowers.
Longbridge Platinum
If you have a high-value home or condo, Longbridge Financial offers a proprietary, non-government insured reverse mortgage program. Like a traditional reverse mortgage, this product is designed for borrowers age 55+* and over; but Platinum’s program flexibility allows eligible borrowers access to more available cash, lower upfront costs, and a low, fixed rate.
