
Get an Estimate Review Your Estimate Below
Curious to see just how much your client could receive?
Use our simple HECM Calculator below to run different client scenarios to share in your next conversations.To receive a more detailed quote with more program options, including our exclusive advisor pricing, you may continue-or to run another scenario, go back to the calculator.
To receive a more detailed quote with more program options, including our exclusive advisor pricing, you may continue-or to run another scenario, go back to the calculator.
Reverse Mortgage Estimate
Choose the option that's right for your client.
Based on the value of their home, your client may be eligible for the
Traditional FHA HECM or the Longbridge Platinum Fixed or Platinum Line of Credit reverse mortgage.
Your Estimate Details
Mortgage Payoff paid by the HECM:
This can free up monthly cash flow.
Mortgage Payoff paid by the Client: *
To complete this loan, the client would be required to pay a portion of the remaining mortgage balance. Please contact one of our account executives to discuss possible options.
Total Available Proceeds: *
( funds available at closing with the remaining available after 12 months). These tax free proceeds can be used for any purpose. Loan costs are not included.
Equity Reserve: **
This is the equity reserve still remaining in the home.
Projected Credit Line Growth
- Projected credit line would grow to by age
- Funds could be drawn for home care or any other purpose
- No additional income taxes on HECM funds used
- No disruption to portfolio performance or lifestyle
To receive a detailed quote with more program options, including exclusive advisor pricing, please click continue.
Your Estimate Details
Mortgage Payoff paid by the HECM:
This can free up monthly cash flow.
Mortgage Payoff paid by the Client: *
To complete this loan, the client would be required to pay a portion of the remaining mortgage balance. Please contact one of our account executives to discuss possible options.
Total Available Proceeds: *
No limits on the initial draw - unlike traditional HECM, clients receive the full loan proceeds at closing. These tax-free proceeds can be used for any purpose. Loan costs are not included.
Equity Reserve: **
This is the equity reserve still remaining in the home.
- Full upfront draw at a low, fixed rate
- Low upfront cost with $0 origination fee options
- Streamlined process for Platinum clients
To receive a detailed quote with more program options, including exclusive advisor pricing, please click continue.
Your Estimate Details
Mortgage Payoff paid by the HECM:
This can free up monthly cash flow.
Mortgage Payoff paid by the Client: *
To complete this loan, the client would be required to pay a portion of the remaining mortgage balance. Please contact one of our account executives to discuss possible options.
Total Available Proceeds: *
Your client is required to take at least 25% of the available proceeds at closing, up to a maximum amount of 75%. The remaining proceeds can be accessed as a reusable line of credit, which can be drawn upon and repaid repeatedly during the first 10 years.
Equity Reserve: **
This is the equity reserve still remaining in the home.
- 10-year reusable line of credit that grows, better than a HELOC
- Low upfront costs
- No monthly mortgage payments required*** (client may choose to make them if they wish)
- No penalties for prepayment
- Tax-free funds can be used for any purpose
To receive a detailed quote with more program options, including exclusive advisor pricing, please click continue.
Already working with a Longbridge Financial representative?
Contact your representative directly.
Reverse Mortgage Estimate
Choose the option that's right for your client.
Based on the value of their home, your client may be eligible for the
Traditional FHA HECM or the Longbridge Platinum Fixed or Platinum Line of Credit reverse mortgage.
Here's a quick snapshot of each product.
Traditional HECM
Lowest interest rate • Adjustable rate
Platinum Fixed
Low upfront costs • Fixed rate • Full-draw loan
Platinum LOC
Low upfront costs • Adjustable rate • Better than a HELOC
Already working with a Longbridge Financial representative?
Contact your representative directly.
Reverse Mortgage Estimate
One of our HECM Consultants will be in touch with you shortly.