Longbridge Financial can assist in making the most of your home equity to help you have a more comfortable retirement.
Longbridge Financial is committed to helping you find the right home equity solution, based on your unique needs and retirement goals. Explore the possibilities, including how much money you may receive, by contacting me at: (949) 877-9291 or by email at jagius@longbridge-financial.com.
HECM Reverse Mortgage
The Home Equity Conversion Mortgage (HECM)—the most common type of reverse mortgage—allows older homeowners to access their home equity with a fixed or variable interest rate. Based on your financial needs, you can receive your cash:
- In a single upfront payment, typically up to 60 percent of the available amount.
- Spread out as monthly payments.
- When you need it, in a growing credit line.1
You can also choose a combination of these options, for example, taking an initial lump-sum amount and then having the rest available as a credit line.2
HECM For Purchase Reverse Mortgage
Do you want to buy a house that will better meet your needs, today and in the future? Longbridge Financial also offers a HECM for Purchase reverse mortgage.
Longbridge Platinum
If you own a higher-value house or condo, 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 borrowers access to potentially more available money, lower upfront costs, and a low, fixed rate.
* Available to borrowers as young as 55 in select states only. Higher minimum age requirements may apply.
