Chris Mayer Weighs in on New Proprietary Feature Designed to Preserve Equity for Heirs

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At Longbridge Financial, we aim to deliver products that align with the evolving needs of today’s older homeowners—and our latest enhancement is no exception.

Available with certain fixed-rate Platinum reverse mortgages, Platinum Preserve allows borrowers to access funds now, while setting aside 10% to 40% of their home equity for future needs or to leave as a legacy. With a fixed-rate structure and no upfront mortgage insurance premium, this new product offers a smart solution for those who want to tap into their home’s value without compromising long-term financial goals.

Our very own CEO, Christopher Mayer, recently sat down with HousingWire to discuss the importance of this new product alongside its launch, stating, “Older homeowners have built up nearly $14 trillion in home equity, yet many are hesitant to tap into it because they want to use some of that wealth for their families or future health care needs.”

Head to the full article to hear more about how Platinum Preserve is providing a solution for borrowers seeking a more flexible, future-focused approach to home equity.

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Chris Mayer Weighs in on New Proprietary Feature Designed to Preserve Equity for Heirs

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