Get an Estimate

Curious to see just how much your client could receive?

Use our simple calculator below to run different client scenarios to share with them.

Review Your Estimate Below

To receive a more detailed quote with more program options, contact your Account Executive today. If you do not have a designated Account Executive, please click ‘continue’ to have one of our experienced AE’s contact you directly.

Reverse Mortgage Calculator

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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 Client1:

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 Proceeds1:

( 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 Reserve2:

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 please contact your Account Executive. If you do not have a designated Account Executive, please click ‘continue’ to have one of our experienced AE’s contact you directly.

Your Estimate Details

Mortgage Payoff paid by the HECM:

This can free up monthly cash flow.

Mortgage Payoff paid by the Client1:

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 Proceeds1:

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 Reserve2:

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 please contact your Account Executive. If you do not have a designated Account Executive, please click ‘continue’ to have one of our experienced AE’s contact you directly.

Your Estimate Details

Mortgage Payoff paid by the HECM:

This can free up monthly cash flow.

Mortgage Payoff paid by the Client1:

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 Proceeds1:

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 Reserve2

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 required3 (client may choose to make them if they wish)
  • No penalties for prepayment
  • Tax-free funds4 can be used for any purpose

To receive a detailed quote with more program options please contact your Account Executive. If you do not have a designated Account Executive, please click ‘continue’ to have one of our experienced AE’s contact you directly.

1Certain restrictions and assumptions apply.
2Interest 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.
3Real estate taxes, homeowners insurance, and property maintenance required.
4Clients should consult a financial advisor and appropriate government agencies for any effect on taxes or government benefits.

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.

Product
HECM
Platinum Fixed
Platinum LOC
How much can be borrowed?
Up to $765,600
Up to $4,000,000
Up to $4,000,000
Total proceeds
TBD
TBD
TBD
Proceeds available at closing*
TBD
TBD
TBD
Line of Credit growth
YES
NO
YES
Closing Costs
Closing costs can vary depending on the loan program your client chooses. Please contact one of our consultants to see which program best fits your clients needs.

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


To receive a detailed quote with more program options please contact your Account Executive. If you do not have a designated Account Executive, please click ‘continue’ to have one of our experienced AE’s contact you directly.

*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.

Reverse Mortgage Estimate

If you’re interested in partnering with Longbridge Financial, simply fill out the form below and we’ll provide you with more information, including application requirements to become an approved partner.

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