Why Longbridge Financial?
Customer service that’s second to none.
Longbridge Financial was there for me every step of the way.
— LARRY
Financial decisions are important ones. They made sure I felt right at home through the whole process. They helped me learn all about home equity solutions and how I could use them to meet my financial goals, decide if it was the right fit for my situation, and finally get started with my application.
Our goal is to give you peace of mind about your finances.
Longbridge Financial, LLC is an innovative company committed to responsibly helping homeowners reshape their financial future by educating them on home equity solutions—and helping them unlock the power of their homes.
We can help you use your hard-earned home equity to address the financial challenges that impact so many Americans who are in, or preparing for, retirement. Founded by an Ivy League professor and a team of highly experienced professionals from major financial services companies, our mission is to deliver home equity solutions designed with seniors in mind—with unmatched customer service and transparency.
We're proud to support our US Military Active Duty and Veterans.
That's why we offer a $500 discount in honor of those who have served.1
Here’s what you should look for in a reverse mortgage company.
— LARRY
High Customer Satisfaction Ratings
It’s just one of the things you should consider when choosing a lender. To learn more, watch our video about what to look for. Plus, check out our “Excellent” ratings on Trustpilot, an independent customer review site.
Great Pricing and Programs
In addition to our industry-leading pricing, we offer low rates and other pricing programs for those who qualify.
Industry Expertise
At Longbridge, we’re passionate about home equity solutions for seniors. Our knowledgeable staff has years of experience, and our loan officers are some of the best in the business.
Here’s what people like you are saying about us.
Why work with Longbridge?
We’re a Federal Housing Administration (FHA) approved lender:
Our reverse mortgage loan program is insured by the U.S. Department of Housing and Urban Development.2
We maintain an A+ rating with the Better Business Bureau.
We’re a proud member of the National Reverse Mortgage Lenders Association (NRMLA) and fully subscribe to its Code of Ethics. Not all lenders can say that.
What separates Longbridge from other lenders?
Leadership
Christopher Mayer, PhD, is CEO of Longbridge Financial, LLC and has spent more than 20 years studying housing and mortgages as a professor at Columbia University and the Wharton School. He has testified before Congress, and is frequently consulted by the media for his financial expertise. Chris is committed to bringing the strategic value of home equity solutions to today’s retirees. Read more about leadership at Longbridge.
Integrity
We’re committed to recommending home equity solutions only after we make certain they are right for you and meet your unique needs. We’ll get to know you, your goals, your home, and your finances as we discuss your options. We will provide you with the information you need to decide which home equity solution is right for you. Not all lenders make this commitment.
People
Our loan officers are experienced industry professionals who consistently receive “Excellent” ratings for customer satisfaction from Trustpilot®—an independent, third-party review company. You can rest assured that you’ll get reliable advice and personalized support through each step of the loan process.
Partnerships
Longbridge Financial has developed exclusive partnerships to help drive lasting home ownership and has created programs that no other lender offers.
Technology
Longbridge is always looking for ways to better serve our clients—and today, that means developing advanced, one-of-a-kind tools that put your loan information right at your fingertips.
Home Equity Information for Seniors:
Answering Your Questions
About Longbridge
Which home equity products does Longbridge offer?
Longbridge Financial offers a variety of home equity solutions designed to meet the unique needs and goals of today’s seniors and retirees—from government-insured HECM programs to flexible, proprietary reverse mortgage and a specially designed home equity line of credit product, HELOC for Seniors®.
HECM (Home Equity Conversion Mortgage)
The FHA-insured reverse mortgage is for homeowners aged 62 and older. Access home equity as a lump sum, monthly payments, a line of credit1, or in a combination3—all without monthly mortgage payments (borrowers must meet loan obligations, keeping current with property taxes, homeowners insurance, and home maintenance).
Platinum by Longbridge
Our proprietary reverse mortgage is designed for seniors 55+4. Platinum offers flexible options—tailored to how you want to use your equity. Homeowners can typically access larger loan amounts than with a HECM and enjoy flexible terms and eligibility starting at age 55 in select states.4
- Platinum Fixed: A lump-sum reverse mortgage to maximize cash today—ideal for major purchases or consolidating higher-interest debt.
- Platinum Line of Credit3: A hybrid reverse mortgage providing upfront cash plus a growing line of credit for future expenses.
- Platinum Preserve®5: A balanced reverse mortgage that provides funds now, while allowing you to keep more home equity for later or leave a larger inheritance.
HELOC For Seniors®
It’s the first-of-its-kind home equity line of credit designed for older homeowners. Access up to $400,0006 with interest-only payments,7 fixed rates per draw,8 and flexible qualification using home equity—not just income.
How experienced is Longbridge and what is the company’s reputation?
Longbridge has originated and serviced over 57,000 loans—maintaining in-house servicing to ensure our customers continue working with a team they know and trust.
We’re recognized as one of only two companies awarded a DBRS Morningstar “MOR RVO2” ranking for reverse mortgage origination. Customers value the fact that we keep service close to home and remain available six days a week, including limited Saturday hours, making us easier to reach than many lenders.
Today, we rank as a top reverse mortgage lender, both by FHA endorsements and HMBS securitization volume—a testament to our expertise and reliability.
Longbridge Customer Support
How does Longbridge provide service and support for homeowners?
At Longbridge Financial, exceptional service and personal support are at the heart of everything we do. From the start of your reverse mortgage journey through underwriting, closing, and in-house loan servicing, our team stays with you—providing a consistent, reliable relationship for the life of your loan.
We are available from 8:00AM – 9:00PM ET Monday–Friday, with additional limited hours on Saturday to make it easier to reach us.
Our customers consistently award us “Excellent” ratings on Trustpilot®, and we maintain an A+ rating with the Better Business Bureau, reflecting our commitment to go above and beyond. In fact, we take excellent service so seriously that we’ve put our list of commitments in writing.
What digital tools and technology does Longbridge offer borrowers?
Longbridge Financial leverages technology to make managing your reverse mortgage and home equity solutions easier than ever. Our reverse mortgage calculator provides an instant online estimate, with the option for a full, detailed analysis via phone or email. Our online servicing portal lets you quickly access your loan summary, view recent transactions and statements, submit request forms (like Occupancy or Draw Requests), and find answers to common loan questions — all in one convenient place.
For HELOC for Seniors®, we offer a 100% online application process that can be completed in about 10 minutes.9 Once approved, you can receive your funds in as little as five business days. This fast, fully digital experience gives you control, clarity, and convenience when accessing your home equity.
How does Longbridge ensure regulatory compliance and customer protection?
Longbridge is committed to strong regulatory compliance and customer protection. We are a Government National Mortgage Association (GNMA) approved issuer and maintain servicing on the loans we close or purchase, ensuring a consistent relationship with our borrowers. We’re also an FHA-approved lender, with our HECM reverse mortgage program insured by the U.S. Department of Housing and Urban Development. We maintain an A+ rating with the Better Business Bureau (BBB) and are proud members of the National Reverse Mortgage Lenders Association (NRMLA), fully adhering to its Code of Ethics—standards not all lenders can claim.
Home Equity Solution Details
In which states does Longbridge offer reverse mortgages and HELOC for Seniors®?
Longbridge Financial is licensed nationwide as a reverse mortgage originator in all 50 states, with loan servicing available in all 50 states plus the District of Columbia. For HELOC for Seniors®, we continue to expand into new states regularly, making our innovative home equity solutions accessible to more homeowners and retirees on a regular basis.
How do interest rates and fees work for reverse mortgages and HELOC For Seniors®?
Understanding how interest rates and fees affect your reverse mortgage can help you make the most of your home equity. At Longbridge Financial, we offer competitive pricing, low rates, and special programs for those who qualify.
- Fixed-Rate Reverse Mortgages: Lock in a single interest rate for the life of your loan and receive a lump sum at closing—perfect for large, one-time expenses like buying a home or paying off an existing mortgage.
- Adjustable-Rate Reverse Mortgages (ARMs): Benefit from a rate that changes with market conditions. Access funds as a lump sum, a line of credit, monthly payouts, or a combination3—paying interest only on the funds you use.
- HELOC for Seniors®: Lock in a fixed rate per draw8 for predictable payments. Access funds as needed and make interest-only payments for the life of the loan,7 giving you flexible control of your home equity without the risk of sharp payment spikes.
How quickly can I close my loan with Longbridge?
At Longbridge, we aim to process and close reverse mortgages within 45 days of receiving your application and counseling certificate, and we work diligently to complete them even sooner whenever possible. Our extended availability—including Saturday support—helps keep your loan moving, even outside traditional business hours.
For HELOC for Seniors®, the application process is fast and fully online—you can complete the application in about 10 minutes, and once approved, receive your funds in as little as five business days.8
Longbridge Financial (NMLS #957935) is a nationally recognized financial services company based in Paramus, NY, dedicated to helping older homeowners and retirees unlock the power of their home equity through flexible, responsible solutions tailored to support long-term financial well-being. Founded in 2012, Longbridge Financial combines deep industry expertise with a commitment to education, innovation, and transparency. Known for its exceptional customer service, competitive pricing, and professional integrity, Longbridge Financial is helping redefine what financial security can look like for today’s retirees.
FAQs
Call us toll free at 855-523-4326.
Longbridge’s Military Discount Program is subject to change or cancellation at any time and without notice. This program offering is valid for an appraisal credit of up to $500.00 off allowable closing costs. This program offering can only be redeemed with Longbridge Financial LLC, and is available to U.S. military veterans, their spouses, and the spouses of deceased veterans. Documentation of military service is required; acceptable documents include DD214 Discharge papers, VA / military identity card, VA benefits summary/award letter for income, and the VA benefits letter. Loans must close and be funded with Longbridge Financial LLC as the lender in order to receive credit. The credit will be applied to the overall cost indicated on the HUD-1 Settlement Statement at the time of the closing. This offer is not available for Home Equity Conversion Mortgage for purchase transactions. This is not an offer to make you a loan, does not qualify you for a loan, and is not an official loan disclosure. Loan disclosures, including a Good Faith Estimate of closing costs, are provided upon receipt of a completed application. All loans are subject to approval. Program, rates, and additional terms and conditions apply and are subject to change without notice. Offer is not transferrable. This offer is not redeemable for cash or cash equivalents. Void where prohibited, taxed or restricted by law. Restrictions apply.
This material has not been reviewed, approved, or issued by HUD, FHA, or any government agency. The company is not affiliated with or acting on behalf of or at the direction of HUD/FHA or any other government agency.
Borrowers who elect a fixed rate loan will receive a single disbursement lump sum payment. Other payment options are available only for adjustable-rate mortgages.
Available to borrowers as young as 55 in select states only. Higher minimum age requirements may apply.
Platinum Preserve® is an option available in certain states which, if chosen, allows borrowers to preserve a percentage of the equity of the property, under certain circumstances, at the conclusion of the loan. Subject to terms and conditions of the Platinum Preserve® program. Please contact Longbridge Financial LLC for more details.
Your maximum loan amount may be lower than $400,000, and will ultimately depend on your home value, lien position, credit profile, verified income amount, and equity available at the time of application. Loan amounts range from a maximum of $400,000 to a minimum of $50,000, unless a lower loan amount is required under applicable law. We determine home value and resulting equity through independent data sources and automated valuation models.
You must meet your loan obligations, and stay current with property taxes, insurance, and maintenance.
HELOC For Seniors® is an open-end product where a minimum of 80% and up to a maximum of 100% of the full loan amount (less the origination fee and costs) must be drawn at closing. The initial amount funded at origination will be based on a fixed rate; however, this product contains an additional draw feature. As the borrower repays the balance on the line, the borrower may make additional draws during the 10-year draw period. If the borrower elects to make an additional draw, the interest rate for that draw will be set as of the date of the draw and will be based on an Index, which is the Prime Rate published in the Wall Street Journal for the calendar month preceding the date of the additional draw, plus a fixed margin. Accordingly, the fixed rate for any additional draw may be higher than the fixed rate for the initial draw.
Approval may be granted in ten minutes but is ultimately subject to verification of income, employment, and property value, as well as verification that your property is in at least average condition with a property condition report. Five business day funding timeline assumes closing the loan with our remote online notary. Funding timelines may be longer for loans secured by properties located in counties that do not permit recording of e-signatures or that otherwise require an in-person closing or require a waiting period prior to closing.