Major Ratings Firm Issues Second-Highest Ranking to Top Reverse Mortgage Lender

Global credit rating agency DBRS Morningstar has assigned a “good” ranking to Mahwah, NJ-based reverse mortgage lender Longbridge Financial, in a move that will help Longbridge facilitate the creation of new products and features it can offer borrowers in the months and years to come.

The “MOR RVO2” residential reverse mortgage originator ranking issued to Longbridge Financial is the second-highest such rating, indicating that based on the information available, the products offered and the processes governing them in place at Longbridge are of “good” quality.

To quote Morningstar, “the ranking reflects Longbridge’s strong and tenured senior management team, highly experienced underwriting team, financial profitability, and good loan performance.”

This is the first such ranking that DBRS Morningstar has issued for a reverse mortgage lender. They also describe the trend on this ranking as “stable.”

For more information on Longbridge’s ranking awarded by DBRS Morningstar, read the full article in Reverse Mortgage Daily.

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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.