- Optimizing Your Retirement
- Easing Retirement Worries
- Diversifying Retirement Investments
- Caring for Loved Ones
- Professional Partners
Until your loved ones need help, you may not know how much debt they carry or retirement savings they have. They could be one of the many Americans—nearly half—with no retirement savings at all.
As a caregiver, you may have to manage your loved ones’ financial affairs as well as medical affairs. When it comes to finances, caregivers face one common concern: How do I help my loved ones manage debt to live as quality a life as possible?
A reverse mortgage may provide a solution. By drawing on what is often a homeowner’s only asset—their home—a reverse mortgage can provide the funds needed to pay off debt.
Your loved ones can move on with their lives free of financial worry. They can take the proceeds as either a line of credit, to pay bills as they come, or as a lump sum, to pay off existing balances.
FAR helps the caregivers and the cared for.
“I would like to compliment you for the guidance you gave me during the Reverse Mortgage procedure. Your knowledge of the Reverse Mortgage procedure was evident in your clear, concise explanations. Any questions I asked, if you did not have the answer you researched it and got back to me in a timely manner. The rapport we built during this process made me feel very comfortable and it dispelled a lot of false rumors about a reverse mortgage….I would not hesitate to recommend your company and you as a Reverse Mortgage Specialist.”
Saundra, Hyde Park, MA
“I did my reverse mortgage in 2013 and it was one of the best decisions I’ve taken since I retired. Now I have additional income every month and the peace of mind that I won’t outlive my retirement income. (My FAR loan officer) was incredibly helpful and made the entire process extremely clear and simple.”
Nancy, Los Angeles, CA
“During the course of undertaking the reverse mortgage process, my wife and I found Finance of America Reverse to be most trustworthy, honest and able to deliver the final package. We could not have asked for a more representative person to provide us all the information in the process than (our loan officer). (She) is a very knowledgeable, patient, and courteous person. Above all, she conducted herself very professionally, a true professional. If she did not know the answer at the time, she would research and get back with you immediately. Communication and cooperation were never lacking through the whole process, this was very important to both my wife and I. During the closing process, we dealt with several different persons from the Finance of America Reverse (team) and we can honestly say that none failed us. Service was their number one objective. My wife and I would not hesitate to recommend (our loan officer) and (Finance of America Reverse). In our case, they were truly a GREAT TEAM.”
George and Gracie, Lyford, TX