Home Value: $1,250,000
Ann & John were looking to leverage reverse mortgage funds to help fund their twin grandsons’ college tuition. With a home value of $1,250,000, they had plenty of equity to make this happen. However, securing a HECM on a high-value home ultimately means leaving a significant portion of equity in the home. And accessing these funds in the future requires additional closing costs. The solution? Longbridge Platinum.
Check out our case study to see how Platinum’s higher loan proceeds allowed Ann & John to help fund their grandsons’ college tuition – for all 4 years.