Get an Estimate
Curious to see just how much cash your client could receive?
Use our simple HECM Calculator below to run different client scenarios to share in your next conversations.
Based on the home value, your client may be eligible for either the Traditional FHA HECM or the Longbridge Platinum Reverse Mortgage.
Your Estimate Details
Mortgage Payoff: $
This can free up monthly cash flow.
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.
Mortgage Payoff paid by the HECM: $
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.
Equity Reserve: ** $
This is the equity reserve still remaining in the home.
Projected Credit Line Growth
Estimated based on current and forward interest rates and margin from current HECM pricing. Please obtain a quote for more exact numbers and details.
- 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: $
This can free up monthly cash flow.
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 zero origination fee options
- Streamlined process for Platinum clients
- No monthly servicing fee for HECM Advisor Network members, saving clients thousands of dollars over the life of the loan
To receive a detailed quote with more program options, including exclusive advisor pricing, please click continue.
*Certain restrictions and assumptions apply. **Interest will accrue on the outstanding loan amount and be added to the loan balance. Remaining equity displayed is an estimate at the commencement of the loan. Remaining equity is not guaranteed as the loan balance grows.
Already working with a Longbridge Financial representative?
Contact your representative directly.
* indicates required field.
Longbridge Financial LLC is committed to keeping your email address confidential. We do not sell, rent or
lease subscription lists to third parties and we will not provide your personal information to any third
party, individual, government agency or company at any time unless compelled to do so by law. We will
use your email address solely to provide information that's relevant to your request. We will maintain
the information you provide via email in accordance with applicable federal law.
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 855-246-1765.
Thank you for your request.
One of our HECM Consultants will be in touch with you shortly.
ADVISOR HELP LINE
855-246-1765
"Longbridge has been very easy to work with, making the reverse mortgage easy for me and for my clients. They make sure everyone really understands how the program works and their responsibilities. Plus their pricing saves clients a lot of money!"
Steve B, TX
"I have used Longbridge for reverse mortgages for two of my clients over the last year. I plan to continue to use this group as an additional arrow in my quiver of planning resources. I would strongly encourage any open minded planner to use reverse mortgages for select clients…"
Daryl C, TX
"Longbridge is very easy to work with an responsive to all questions about reverse mortgages."
John M, GA