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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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...
Your Life in Retirement
Retirement marks the end of a person's working career, but retirees in recent decades have radically redefined what it means to be retired. Today, retirees are often active in a variety of areas and may even pursue part- or full-time employment after leaving behind a career of many years. Whatever...
Do You Have Enough for Retirement? How to Stretch Your Retirement Savings
The baby-boom generation—adults born between 1946 and 1964—live longer than previous generations but save less. Simultaneously caring for parents and children, on top of paying for basic expenses, makes it difficult for many boomers to save. Mounting financial burdens leave many woefully unprepared for retirement. The Employee Benefit Research Institute...
Why More Financial Advisors Are Recommending Reverse Mortgages
Reverse mortgages have evolved since they were first introduced in 1961. Still, misconceptions persist about who they are for and who could benefit from this important financial tool. Some people incorrectly believe that reverse mortgages only apply to people with no other options, but that is incorrect. While it's true...
Looking to Retire and Crushed by Student Loan Debt
Student loan debt is crushing one segment of the population, but it might not be the one you expect. Those over 60 years old owe $86 billion in student loan debt at last count. That means those looking to retire face another significant challenge. How Retirees Amassed Student Loan Debt...
Falling in Love in Retirement
Retirement doesn’t just mean the end of your career, it can mean so much more. You may feel like it’s the end of one lifetime and the beginning of another.  Or you may feel uneasy about the transition and it seems more like you’re jumping off a cliff. However you...