Longbridge Financial, LLC is a top-rated reverse mortgage lender committed to responsibly helping seniors use their hard-earned home equity to secure a better retirement. We offer affordable loan products with industry-leading “Gold” pricing and the highest level of personal service, including a unique customer satisfaction guarantee. As both a lender and a servicer, we stay with each client through the entire process – we don't sell your loan to a company you haven’t heard of. Founded in 2012 and led by an Ivy League professor, we are dedicated to improving the reverse mortgage business through transparency, unparalleled service, and expertise, with the promise to do the right thing for our customers.
Very enjoyable experience.
Everything went smooth-Deena and her associate were very helpful,polite,and answered questions without del**.The real test will transpire when or if I have problems, and how Longbridge handles them.
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Expensive for what you get in return
Upfront fees (financial closing costs) are high compared to equity unlocked. It calculates to 8% of home value. I can only tap (available principle limit) 41% on a $82,000 value, minus the 8%. So I end up with only 33% of home valuation over time.
Competition is now offering no closing fees, which I would consider seriously to your products.
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A complex process made painless
Deena and her associates made the whole experience easy and the results have been life changing for our aging mother who can now stay in her home worry free.
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