- Optimizing Your Retirement
- Easing Retirement Worries
- Diversifying Retirement Investments
- Caring for Loved Ones
- Professional Partners
It’s difficult to watch your loved ones struggle with their health and independence. According to AARP, about 87 percent of adults age 65 and over want to stay in their current home and community as they age.
To do so, they may not only need your care, but also help from outside caregivers. They may need to make modifications to their home to accommodate physical limitations. They may also have medical bills piling up that you’re not aware of.
To ensure your loved ones stay in their homes as long as possible, talk with them about using their home equity to their advantage—with a reverse mortgage.
A reverse mortgage draws on a portion of their home equity. Homeowners and homebuyers make no loan payments† for as long as they stay in the home. They can take the proceeds as a lump sum, a line of credit, or as a monthly income stream. Use it to pay down debt, hire in-home care and other support services, or remodel the bathroom to accommodate their needs.
With a reverse mortgage, your loved ones may be able to stay in their home comfortably for years to come.
Meet with one of FAR’s licensed Reverse Mortgage Specialists to find out what options are available for your loved ones. Our team will answer your questions and help you devise a plan to help your loved ones to maintain independence as they age.
† Payment of taxes, insurance, and property charges required
“Jan and I want to personally thank you for your expertise in assisting us (to) get our reverse mortgage. It has been a very interesting process from the get-go, we have learned a lot. It truly has been a pleasure to work with you, you are a real credit to your profession. Thank you so much.”
Gary & Jan, Denver, CO
“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
“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