Longbridge Financial can assist in making the most of your reverse mortgage, to help you have a more comfortable financial future. We’re dedicated to helping our clients find the best program, based solely on your needs and financial goals.
Explore the possibilities, including how much money you could get, by contacting me at (949) 403-7758 or by email at dcallahan@longbridge-financial.com.
HECM Reverse Mortgage
A HECM reverse mortgage features a variable or fixed rate of interest. Depending on your financial needs and circumstances, you can choose to receive your money:
- In an upfront lump sum, usually up to 60 percent of the available funds.
- Dispersed, in the form of recurring monthly installments.
- As required, in a line of credit.
- Borrowers may also select a mix of these options, for example, taking an upfront lump-sum amount, and then having the balance available as a line of credit.
- HECM For Purchase Reverse Mortgage
HECM For Purchase Reverse Mortgage
Would you like to buy a home that will better meet your lifestyle, now and in the future? Longbridge also offers a HECM for Purchase reverse mortgage.
Longbridge Platinum
If you have a high-value house or condo, Longbridge Financial offers a proprietary, non-government reverse mortgage product. Similar to a traditional reverse mortgage, this product is designed 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.
