HomeBridge prides itself on adjusting loan needs to the individual. Instead of relying solely on an algorithm to produce the best deal, each application is also reviewed by a loan specialist to ensure the client's needs are met. HomeBridge offers a small selection of educational resources for consumers and only offers one type of reverse mortgage loan.
Liberty offers The Liberty Iron Clad Guarantee which incorporates its Pricing Promise and the Closing Commitment. The Pricing Promise is a promise to its clients that if they receive a higher equity loan quote from a different lender the client will receive a $100 Visa gift card. Customers are not required to sign a loan with Liberty in order to obtain the gift card. Its Closing Commitment guarantees that the loan process will only take 30–45 days from start to finish. If it happens to take longer, Liberty will give the client a $500 credit towards their closing costs.
While both are qualified reverse mortgage lenders, there are a few key items that differentiate the two. Both offer educational resources and desire to help the individual, although, Liberty provides a high volume of detail and related articles easily accessible online. With Liberty’s Pricing Promise and Closing Commitment, consumers can have a little more assurance that the company will provide a fair price and they are made a priority.
Overall, even though Liberty Home Equity Solutions has not been in the financial industry as long as HomeBridge Financial Services, the number of resources and perks provided by Liberty makes it the better choice.