Steve Saltz - Loan Officer NMLS #1710767

05/20/2024

Are you considering a reverse mortgage for your retirement? You're not alone! With rising healthcare costs and economic uncertainties, many retirees are turning to innovative solutions. Find out if a reverse mortgage is right for you in our blog!

Considering a reverse mortgage for retirement? Learn how it works and explore whether this financial tool is right for you.

04/22/2024

We’ve all heard of downsizing – the process of moving into a smaller home with the goal of taking on a simpler life. But not all have heard of the latest post-retirement trend – rightsizing. Learn more in the article below.

Whether downsizing or aging in place is in your future, housing expenses will undoubtedly have a huge impact on your overall retirement.

04/15/2024

🎉 Turning 65 soon? It's more than just a number – it's a milestone worth celebrating! Sixty-five marks the beginning of a new chapter filled with endless opportunities and experiences. Read our blog for 7 ways to mark this special occasion in your life!

This part of life is a time to look forward and plan for the incredible chapter ahead – enjoying the fruits of your labor!

04/08/2024

A Home Equity Conversion Mortgage (HECM) for Purchase is a reverse mortgage specially designed to help home buyers age 62 and older afford the home that serves their needs. And as a real estate professional, HECM for Purchase allows you to grow your business in the process. Sounds like a win-win? Learn more: online.flippingbook.com/view/323144926

03/25/2024

At Longbridge Financial, we make customer service our highest priority. In fact, we feel so strongly about going above and beyond to ensure your total satisfaction that we’ve put it in writing. Ask me about The Longbridge Commitment! online.flippingbook.com/view/234421176

03/18/2024

While reverse mortgages were once seen as a financial tool of last resort, more and more financial advisors are realizing that it can actually be a useful retirement planning tool for seniors, as part of a comprehensive financial plan, to help make sure that people won’t outlive their money. Learn more in the article below.

Financial advisors are seeing this FHA-insured loan program in a whole new light. Reverse mortgages have changed quite a bit over the years. New rules

03/14/2024

When it comes to a traditional “forward” mortgage, there’s always a term attached: it has to be paid off within a specific time frame, such as 10, 15 or 30 years. But unlike traditional mortgages, there’s no set term for reverse mortgages. So, how long does a reverse mortgage last?

How long does a reverse mortgage last? Well, the short answer is: it depends. Unlike traditional mortgages, there’s no set term length for reverse mortgages.

03/04/2024

Just last year, the US housing market peaked. And now, more and more home buyers are backing out of purchase contracts. So, what’s to blame for seemingly sluggish sales in today’s housing market? Find out in our latest .

More and more home buyers are backing out of purchase contracts. So, what’s to blame for seemingly sluggish sales in today’s housing market?

03/04/2024

Take a minute to think of your ideal retirement home. Is it smaller? In a warmer climate? Minimal maintenance? Closer to loved ones, family and friends? Whatever it may be, a HECM for Purchase may be able to help you get there.

But don’t let this acronym scare you off – we’ve compiled everything you need to know about HECM for Purchase, starting with the “what,” “who,” and “why.” Learn more in the article below.

HECM For Purchase: Your Questions Answered Take a minute to think of your ideal retirement home. Is it smaller? In a warmer climate? Minimal maintenance?

02/26/2024

Qualifying for a mortgage loan during retirement can be challenging. Fortunately, retirement mortgages can be a solution! Learn more about and how to qualify in our !

There are several types of retirement mortgages available for those in or approaching retirement. Let’s explore some different options.

02/12/2024

Nobody likes to spend more money than they have to—especially when it comes to retirement. Fortunately, you don’t have to…

Check out the article below for discounts and smart savings opportunities to cut back on expenses in retirement.

Check out these money-saving tips to help cut down on monthly expenses and start transforming your financial future—one dollar at a time.