A reverse mortgage is a powerful financial tool that can be an important part of your client’s overall financial plan. From paying off an existing mortgage to completing home repairs, or even establishing an emergency line of credit, it’s a flexible product that gives options. Officially known as a Home Equity Conversion Mortgage (HECM), it’s a loan program specially designed for homeowners 62+ and is insured by the Federal Housing Administration (FHA). * At Longbridge, we’re passionate about home equity solutions for seniors. We can help your clients use their hard-earned home equity to address the financial challenges that impact them. For many Americans, their home is their biggest asset, and the one they have invested the most in throughout their lives. Reverse mortgages work by allowing homeowners to tap into their home’s equity without having to sell or take on a monthly loan payment that they can’t afford. ** When it comes to reverse mortgages and traditional mortgages, there are several similarities and differences. While traditional mortgages require borrowers to make regular payments toward their loan balance every month, reverse mortgages do not require borrowers to make any monthly mortgage payments. ** *This material has not been reviewed, approved or issued by HUD, FHA or any government agency. **Residing in the home as your primary residence, keeping current with property taxes, insurance, and maintenance are required. Alicia Force NMLS#793178 ©2025 Longbridge Financial, LLC NMLS# 957935. 61 South Paramus Road, Suite 500, Paramus, NJ 07652. 1-855-523-4326. For additional Longbridge licensing and disclosures, please visit: https://longbridge-financial.com/licensing