PARAMUS, N.J., May 20, 2025--Longbridge Financial LLC, a leading national reverse mortgage lender and servicer, announced today the launch of Platinum Preserve, a first-of-its-kind feature for the ...

The Platinum suite of reverse mortgage products from Longbridge Financial is designed for homeowners age 55 and older 3 who own a home valued at $450,000 or more.

HELOC vs. reverse mortgage: What seniors should consider now Eligible senior homeowners who are considering borrowing against their home's values can look into a home equity line of credit or a ...

Capital gains from a mortgage foreclosure or conditional sales repossession will be excluded from the capital gain reported on line 12700 for the purpose of determining your net income when ...

Longbridge offers two types of HECM in all 50 states and Washington, D.C.: HECM Reverse Mortgage for homeowners who currently own their home and HECM for Purchase, for those buying a new home ...

Refinancing a mortgage or taking out a home equity line of credit requires passing a mortgage stress test. The main takeaway for buyers is that the top of your budget is determined by these higher ...

RBC’s prime rate remained at 4.95%, as of April 16, 2025. RBC’s prime rate is the basis for its variable-rate lending products, like mortgages, credit cards and lines of credit. When the Bank ...

The Tunnel to Towers Foundation honored the service of an Army veteran and Chesterfield County police officer by presenting him with a newly renovated home in Dinwiddie County on Thursday.