Home Value: $750,000
Sam & Deb are homeowners who were looking to utilize their home equity to better prepare for future expenses. However, with a HECM, achieving their desired sense of financial security would come at a significant cost due to the initial MIP. The solution? Longbridge Platinum.
Check out our case study to see how Platinum helped Sam & Deb draw some cash at closing and leave 75% of their proceeds in a line of credit that will grow over time.