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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Working a Reverse Mortgage Into Your Retirement Strategy
Write a Better Retirement Story A reverse mortgage can provide options and solutions. Are you one of the tens of millions of boomers and seniors who don’t feel financially prepared for retirement?  Relax. Breathe. If you own your home, you may have more options than you think. A new wave...
Why You Should Open a Reverse Mortgage Before it is Needed
Historically, reverse mortgages had a negative stigma and were perceived as a last resort for financially distressed people. Another common misconception is that the bank will own your home with a reverse mortgage. Both of these notions are false. Not only do homeowners retain the title on their homes when...
Fighting to Preserve Heritage & Tradition
Historians aren’t the only ones who preserve and protect history. Preserving traditions is a vital responsibility that falls on individuals who are fighting to keep their culture alive. Kim Sean is one of these exceptional individuals who is fighting to preserve his heritage. Kim Sean is a 73-year-old grandmaster that...
Homesharing Comes Full Circle
Thirty years ago, four single ladies shared their home on a TV show called The Golden Girls. Today, the baby boomer generation is making the idea of sharing your house with other senior roommates a reality. This is especially true for seniors who find themselves living alone and dealing with...
Think Retirement is Out of Reach? Think Again
Put worry from financial uncertainty aside. If you haven’t made a strong financial plan for your retirement, one that completely covers your needs and one that you understand, retirement becomes something to fear instead of something to look forward to. Ease worry and anxiety about financial uncertainties or gaps in...
5 Ways A Reverse Mortgage Can Help Your Retirement
The reverse mortgage can be a powerful tool to improve your retirement income plan. It enables senior homeowners age 62 and older to access a portion of their home’s equity and turn it into tax-free cash. If you are committed to staying in your home, a reverse mortgage may be...