Longbridge Financial, LLC

HousingWire: Longbridge CEO Discusses Exciting Change to Platinum Product

Important Note: When you click on this video, certain personal information may be sent to the video provider (such as YouTube, Vimeo, etc.). To learn more about our privacy practices, please review our Privacy Notice.

Longbridge Financial CEO Chris Mayer recently sat down with HousingWire’s Reverse Mortgage Daily (RMD) to discuss a major update to our proprietary Platinum reverse mortgage product. This new change lowers the minimum home value requirement for fixed-rate Platinum loans to $450,000, offering more flexibility to borrowers. Most recently, the minimum home value was in line with the Federal Housing Administration’s reverse mortgage lending limit.

Chris explains that this exciting change is designed to provide borrowers with more tailored options. And while he underscores the ongoing advantages of Home Equity Conversion Mortgage (HECM) loans, such as a growing line of credit, he also highlights Platinum’s unique ability to address specific financial needs — particularly for homeowners who need more proceeds to close on their mortgage.

Read the full article to learn more about our latest Platinum enhancement!

Receive a Free Information Kit

Name(Required)
Address(Required)
Please enter a number from 62 to 130.
To qualify, must be 62 or older
Please enter a number greater than or equal to 1.
Proceeds based on appraised home value.
Please enter a number greater than or equal to 0.
(if applicable)
This field is hidden when viewing the form
SMS Consent

Co-op properties, rental homes, and rental apartments do not typically qualify. Contact a Longbridge specialist for more information.

This field is for validation purposes and should be left unchanged.

By submitting your phone number you are providing your signature and express “written” consent to having Longbridge Financial LLC or our mortgage partners contact you about your inquiry at the phone number you have provided. You agree to be contacted via a live or automated prerecorded telephone call, text message, or email even if you have previously registered on a “do not call” government registry or requested Longbridge to not send marketing information to you. You understand that your telephone company may impose charges on you for these contacts, and you are not required to enter into this agreement as a condition of any Longbridge products or services. You understand that you can revoke this consent at any time by calling Longbridge Financial at 855-523-4326.

For information on how we collect and use personal information, please see our Privacy Notice.

Get a free quote now
Longbridge Financial, LLC

61 South Paramus Road, Suite 500, Paramus, NJ 07652

For help navigating this website, please call our toll-free number for prompt assistance.

855-523-4326

info@longbridge-financial.com
Twitter Facebook-f Youtube Linkedin Sitemap

Already have a loan in servicing with Longbridge and need assistance? Please click here.

Note: “Longbridge Financial, LLC,” “Longbridge Financial,” and “Longbridge” are used interchangeably throughout this website and all refer to the same company.

Licensing (NMLS #957935)    NMLS Consumer Access

For information on how we collect and use personal information, please see our Privacy Notice, Terms of Use, and Texting Terms of Use pages.

California consumers: additional privacy practices.
Texas consumers: state licensing information.
This website has not been reviewed, approved or issued by HUD, FHA or any governmental agency.

Longbridge is a Licensed Mortgage Banker in the State of New York, but this site is not authorized by the New York State Department of Financial Services. No mortgage loan applications for properties located in the State of New York will be accepted through this site.

© 2025 Longbridge Financial, LLC.

Hang on — stay and get your free quote the easy way.

Real customers share how a reverse mortgage helped them live worry-free.

Back to Calculator

Too much information? We understand. Just provide your name and number and a loan officer will call with your free quote.

*required
This field is for validation purposes and should be left unchanged.

By submitting your phone number you are providing your signature and express “written” consent to having Longbridge Financial LLC contact you about your inquiry at the phone number you have provided. You agree to be contacted via a live or automated prerecorded telephone call, text message, or email even if you have previously registered on a “do not call” government registry or requested Longbridge to not send marketing information to you. You understand that your telephone company may impose charges on you for these contacts, and you are not required to enter into this agreement as a condition of any Longbridge products or services. You understand that you can revoke this consent at any time by calling Longbridge Financial at 855-523-4326.

For information on how we collect and use personal information, please see our Privacy Notice.