Repaying Reverse Mortgages: What You Need to Know
Like any other type of loan, a reverse mortgage must eventually be repaid. The good news? As long as you fulfill your obligations as the homeowner, you do not have to pay the loan until after it becomes deemed “due and payable.” Learn more in our blog.
Saluting Our Veterans
At Longbridge Financial, we are proud to honor our veterans today and every day – starting with those within our Longbridge family. We are grateful for all who have served and sincerely thank you for your service!
8 Cost-Efficient Ways to Improve Your Home
As we age, so do our homes. And what may have been our dream homes of 30 or even 40 years ago, may now be in need of some updating and TLC. While homeownership comes with a seemingly endless “to-do” list, we all want to make home improvements, or at least small updates here and […]
How Much Money Could You Get from a Reverse Mortgage?
Home equity now represents more than two-thirds of total wealth for the average 65-year-old American couple1. Do you know how much money is in your home? Reverse mortgages are growing in popularity as a retirement planning tool for homeowners who have significant equity in their home – and want flexible access to wealth. With a […]
7 Ways to Improve Your Retirement Lifestyle
Preparing for retirement is like preparing for the trip of a lifetime – you never know exactly what adventures lay ahead. Whether you’re coming off a stressful career of long hours and cannot wait to relax, are anxiously awaiting to travel the world, or even just planning your next act in a part-time gig – […]
Melissa Macerato Recognized as one of the “10 Best Inspiring Leaders of 2021” by Industry Era Women Leaders
Longbridge Financial Chief Revenue and Marketing Officer, Co-Founder and Partner, Melissa Macerato, has been named one of the “10 Best Inspiring Leaders of 2021” by Industry Era Women Leaders, a magazine focused on informative perspectives on key issues and business challenges. As the top female leader at Longbridge Financial, Melissa’s commitment to constantly improving […]
Relocating? What Makes a Great Place to Retire
Once you no longer have to live near your job, a world of possibilities opens up. For many, that means a change of scenery and finding a new place to call home. But what exactly, makes a great place to retire? Learn more in our latest blog.
Longbridge Encourages Broker ‘Reviews’ in Campaign for Advertising Support
Leading reverse mortgage lender Longbridge Financial is taking a different approach to reverse mortgage product education. In a posting made on LinkedIn, Longbridge asked followers to share a post containing a link to an infographic, which offers a series of facts and figures designed to address common reverse mortgage questions, as well as concerns about […]
Repaying Reverse Mortgages: What You Need to Know
If you’re considering a Home Equity Conversion Mortgage (HECM) – also known as a reverse mortgage, by now you’ve probably become familiar with one of the top advantages of the loan – optional monthly mortgage payments1. And no, it’s not too good to be true. Tapping into your equity with a reverse mortgage provides you […]
Reverse Mortgages: Who Owns the Home?
The biggest myth around reverse mortgages is this: “With a reverse mortgage, the bank takes your home.” That’s just plain false. Learn more in our latest blog.
Relocating? What Makes a Great Place to Retire
Welcome to retirement! The days you’ve long awaited and counted down for are finally here. And now that you’ve reached retirement, you likely have some big plans – travel more, spend more time with the family and grandkids, venture out and try the new eateries in your neighborhood – the list goes on. But in […]
Reverse Mortgages: Who Owns the Home?
When it comes to reverse mortgages, by now you’ve probably heard the following. “They don’t allow you to pass on the home to your heirs,” “You can be forced out of your home for not making payments,” “Reverse mortgages interfere with your Social Security and Medicare,” and “You shouldn’t get a reverse mortgage unless you’re […]
5 Ways to Grow Your Home Equity
As a general rule of thumb – the more equity you have, the more money you can borrow with a reverse mortgage. Naturally, this raises the question – “How can I increase the equity in my home?” Learn more in our latest blog.
5 Ways to Grow Your Home Equity
Looking for some additional cash flow to help navigate retirement expenses? The key to a more secure retirement might already be in your pocket. While most people think of their personal net worth in terms of savings, stocks, bonds, or retirement accounts – the reality is quite different. Research shows that home equity now represents […]
7 Travel Tips for Seniors
We could all use a vacation – including you. Before you board a plane or pack up the car, consider a little bit of planning that could help you enjoy a stress-free, enjoyable getaway. Get all the tips you need for your next trip in our latest blog.
7 Travel Tips for Seniors
Searching for the elixir of youth? Perhaps it’s in your suitcase. Traveling and exploring new cultures has been linked to a healthy aging process – not to mention longer lifespans and overall, more satisfying retirement years. In fact, studies have found that travel keeps seniors moving and physically active – which typically results in better […]
What to Expect from a Reverse Mortgage Appraisal Process
What exactly does the reverse mortgage appraisal process entail? How long does it take? What is the timeline? And perhaps most importantly – how much does it cost? Check out our latest blog for the answers to these questions and more.
The Appraisal Process: FAQs & What You Need to Know
Just like obtaining any loan, the process to get a reverse mortgage is exactly that – a process. And just like a regular “forward” mortgage, a reverse mortgage also requires you to get an appraisal on your home. But, even in today’s tech-savvy world, it’s important to note that getting an appraisal on your home […]