Help Deal With Debt

help_deal_with_debtUntil 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.

Sit down with one of our licensed Reverse Mortgage Specialists to learn about the benefits of a reverse mortgage.

  • “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.” 

  • My Reverse Mortgage Specialist “worked with me and was very professional throughout the whole process…she was very kind and respectful…Even though I have never seen her, I feel like she was someone I have known my whole life.”

  • “Cliff and I are so grateful for you, as you are responsible for helping us to get out of the rut we had been in for some time. You went above and beyond with us to help us secure this opportunity to improve our quality of life in our senior years. It’s clear that you love what you do and truly care about your clients’ peace of mind and happiness. It’s been a pleasure working with you, we are forever grateful!

    P.S. Planning a little vacation to celebrate our new and improved quality of life!”