What Does a Reverse Mortgage Mean for Your Clients’ Heirs
In talking with senior clients, you already have a great understanding of how much they value their families. And when it comes to reverse mortgages and family members, adult children are often faced with several questions of their own. In talking with senior clients, you already have a great understanding of how much they value […]
Reverse Mortgages: Who Exactly Owns the Home?
Over the years, there have been several misconceptions about reverse mortgages – one of the most common being that with a reverse mortgage, the bank takes over ownership of the borrower’s home. At Longbridge Financial, we remain committed to educating our Partners and borrowers about the many uses of reverse mortgages – including separating the […]
Reverse Mortgage Misconceptions : The Myths Debunked
When it comes to reverse mortgages, you’ve likely heard the following – they’re expensive, the bank or lender owns the home, and are an absolute last-resort. At Longbridge, we’re happy to tell you that these are all, in fact, misconceptions.
