Update on COVID-19

Finance of America Reverse LLC (“FAR”) understands you may be facing unique hardships during this difficult time. Many borrowers who are currently experiencing financial distress related to COVID-19 may be eligible for some type of assistance. Please contact us for information regarding options that may be available to you. If you are impacted by COVID-19, please call 866-654-0020 and have your loan number ready for the Customer Service representative.

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What Does It Mean to Age in Place?
Today's retirement communities and assisted living facilities have many modern amenities, but nothing beats home sweet home. If you don't want to leave your home when you get older, you may not have to if you plan to age in place. From finances to a housing redesign, it's possible to...
How to Use Home Equity to Empower Your Retirement
When you decide to retire, you’ll need to determine how much money it will take to live comfortably and remain financially sound. Social Security and retirement investments such as a 401(k) or IRA can help, but there may be times when you need more income. One often overlooked source of...
Can I Keep My House with a Reverse Mortgage?
Many consumers incorrectly believe that taking out a reverse mortgage means you’re transferring ownership of your house to a bank or lender, but this is not the case. You retain the title to your home. A reverse mortgage just allows you to tap into the equity you’ve built up in...
How Does a Reverse Mortgage Work?
Reverse mortgages can appear confusing, but they're not as difficult to understand as they may initially seem. These loans have gone through a dramatic transformation over the past decade. They are now powerful financial planning tools that could help you age in place, afford costly home repairs, pay for healthcare...
What Is a Reverse Mortgage?
A reverse mortgage can be a powerful financial tool to unlock home equity and help seniors supplement their retirement income. These loans let qualified homeowners ages 62 and older take cash from their home’s equity while still living in the house. The lender pays the homeowner in a monthly payment,...
Gardening Pains
I love to work in my garden. Now that the weather is turning, it's time to start planning what to plant and where. But first, I've had to clean out the flower beds, removing debris and removing roots and stems from annuals that grew out of control last year. That...