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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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Customer Spotlight: ANN

How Ann went FAR in retirement

“Investing in this choice has been the best decision.”

Everyone’s path to retirement is different. There’s no such thing as an identical, repeatable retirement plan.

Sometimes, they’re rife with challenges or complicating circumstances that are as unique as the person trekking on that path.

In Ann’s retirement journey, she realized that some changes needed to happen with her house. The condition of the home getting worse with time and in Ann’s words, “everything needed to be done.”

In addition, she also had to help clear out belongings from her parents, two sets of grandparents, and cousins. Every room was full with things that they left behind. Ann felt she had a few options: sell the place or find something else.

“Since I got my Reverse Mortgage, it’s relieved a lot of pressure, and a lot of stress. Once I got it and I could redo the house and pay off some debt. Now, it’s very peaceful. Everything came together. I love that word, peaceful.”

Ann, Real HomeSafe Customer

A friend happened to tell her about Reverse Mortgages and Ann spent two months researching every aspect of the product she could. In the end, she decided it was the right move. “I went through the process, I got my reverse and the first thing to go was the kitchen, tore it all out and put a brand new kitchen in there,” Ann said.

That work felt so right, and it led to more. When a handyman came in, she really liked his work and he repaired bathroom floors and helped put her deck.

She kept going.

Next she redid the bedrooms, updated a bathroom, and changed the little rooms in the back of her house. She even added a brick mailbox out front.

“I’ve made a remodel so well that now it’s up to the value that it should be,” Ann exclaimed.

Ann was even able to use the money from her reverse to travel, host a reunion, and get a car that fit her and the dogs.

“Now, I’m 70 and life is good. I will be at peace into my ‘Golden Years.’ Last year, I was able to go on vacations to visit family and even hosted a large reunion in my home with 60 guests,” she said.

Testimonial image: ANN

“Now, I’m 70 and life is good. I will be at peace into my ‘Golden Years.’ Last year, I was able to go on vacations to visit family and even hosted a large reunion in my home with 60 guests.”

Ann, Real HomeSafe Customer