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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CBS News: Reverse mortgages may be ready for a revival
CBS MoneyWatch reports that, “reverse mortgages can provide a way for many Americans to fund a comfortable retirement and may grow in popularity as millions of baby boomers enter their golden years.” According to a June 2 article by CBS News writer Aimee Picchi, Bankrate chief financial analyst Greg McBride...
Roundup: What Researchers and the Media Are Saying About Reverse Mortgages
Recent changes to the reverse mortgage product and borrowing guidelines have prompted academic researchers, financial advisors and members of the media to look at reverse mortgages in a new light. And increasingly, those in the know are recommending reverse mortgages as a tool that can extend the life of your...