News & Updates from Peloton Member Longbridge Financial


News & Updates from Peloton Member Longbridge Financial

New Year, New Platinum Line of Credit Program
Our NEW Platinum Line of Credit Program is an attractive HELOC alternative for older-adult clients who own high-value homes. Help your clients access up to $4,000,000 – in tax-free cash, or as a reusable line of credit. Read on >>

FHA Increases the HECM Lending Limit for 2020
The Federal Housing Administration (FHA) just announced that the national lending limit for the HECM Reverse Mortgage Program will increase from $726,525 to $765,600 as of January 1, 2020. Why is this great news and what does it mean if your client is considering a reverse mortgage? Read on >>

Finance Columnist Describes Reverse Mortgage Change of Heart
Jane Bryant Quinn, a longtime columnist for Newsweek, recently discussed how her once hesitation and opposition to reverse mortgage products has evolved into an appreciation for them, thanks to additional borrower protections and strategic use cases. Read on >>

The RMD Podcast | Chris Mayer, CEO of Longbridge Financial
In the latest episode of The RMD Podcast, Longbridge Financial CEO, Chris Mayer shares his thoughts on some of the unexpected things he’s faced as an industry leader as well as his perspectives on the future of the proprietary reverse mortgage market. Read on >>

January Special Alert! Your Clients Save $500 in Closing Costs*
As a member of the HECM Advisor Network, your clients will save $500 off their closing costs*. Call Longbridge today at 855-246-1765 or send an email for an illustration and they”ll show you how a reverse mortgage can improve your clients retirement plan. *Credits cannot exceed total amount of closing cost.

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