Longbridge Financial is a national reverse mortgage lender and servicer, founded in 2012, originating and servicing Home Equity Conversion Mortgages for retired homeowners across the United States.
Longbridge Financial is a national reverse mortgage lender founded in 2012. The company originates and services Home Equity Conversion Mortgages (HECMs), the federally insured reverse mortgage product that allows retired homeowners to convert part of their home equity into cash. It operates across the United States and is the second-largest reverse mortgage lender in the country. Longbridge is an FHA-approved lender and holds an A+ rating from the Better Business Bureau.
Both origination and servicing are handled in-house. Loan officers guide borrowers through the application process and the company remains with customers for the life of the loan rather than passing them to a third-party servicer. The firm describes its loan officers as industry experts who provide guidance tailored to individual circumstances.
Longbridge was founded by an Ivy League professor together with experienced professionals from top financial institutions. Its stated approach to lending emphasises education, transparency and responsible practice, including telling prospective clients when a reverse mortgage may not suit their situation. The company operates within the mortgage lending, financial services and retirement financial services sectors.
