Longbridge Financial can help you make the most of your reverse mortgage, to help you have a more comfortable retirement. We’re dedicated to helping our clients discover the right option, based solely on your needs and financial goals.
Explore the possibilities, including how much money you could receive, by contacting me at (971) 415-2290 or by email at dellison@longbridge-financial.com.
HECM Reverse Mortgage
The HECM reverse mortgage includes a variable or fixed rate of interest. Depending on your financial needs and circumstances, you can choose to collect your funds:
- As a single upfront payment, often up to 60 percent of the available funds.
- Spread out, in the form of monthly payments.
- When you need it, in a credit line.
- You may also choose a mix of these options, for example, taking an initial lump-sum amount, and then having the remainder available as a credit line.
HECM For Purchase Reverse Mortgage
Would you like to purchase a home to better meet your lifestyle, today and in the future? Longbridge also provides a HECM for Purchase reverse mortgage.
Platinum Mortgage
If you have a higher-value home or condominium, we offer a non-government, proprietary reverse mortgage loan. Like a traditional reverse mortgage, this product is designed for borrowers age 55+* and over; but Platinum’s program flexibility provides eligible homeowners access to more available funds, lower upfront costs, and a low, fixed rate.
