Longbridge Financial has officially launched a home equity line of credit (HELOC) program that’s designed for homeowners ages 62 and older, offering approval and funding in as little as five business days. 

The move marks an expansion beyond the company’s core reverse mortgage business while staying focused on older borrowers. This demographic collectively holds nearly $14 trillion in home equity.

Branded as HELOC for Seniors, the Longbridge product provides up to $400,000 at a fixed interest rate per draw, with funds available for uses ranging from home renovations and aging-in-place upgrades to long-term care or high-interest details ⇒

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