Aging in Place

aging_in_placeA home isn’t just a primary asset for many seniors. It’s a place they love and want to stay. More than 60% of retirees live in the same home they lived in when they retired, for a few reasons:

  • They love their home.
  • They love their community.
  • They have friends and family who live close by.
  • They want to keep their independence.

Studies show that retirees want to retain their independence as long as possible. A survey conducted by Merrill Lynch found that most retirees want to age in place.

  • 85% prefer to receive extended care in their own home.
  • Only 10% prefer an assisted living facility.
  • Only 4% prefer to live in a family member’s home.

With FAR as your partner, you’re not alone.

Retirees who own their own home can maximize that asset with a reverse mortgage. Homeowners and homebuyers age 62 and older can use tax-free* reverse mortgage proceeds to better enjoy the years spent in their home.

Receive these funds as a line of credit, as a steady income stream, or as a lump sum—the choice is yours.

If you plan to downsize your home or move closer to family, a HECM reverse mortgage can help finance that new home without an extra mortgage payment.†

* Not tax advice. Consult a tax professional.

† Payment of taxes, insurance, and property charges required

With FAR as your partner, you’re not alone. Contact a licensed Reverse Mortgage Specialist today to find out how to make the most of the home you love.

  • “On behalf of my mother and myself, I would like to thank you for your professional and kind support, and I am confident that we made the right decision obtaining a reverse mortgage from you and your company. Your patience and your knowledge of the product and processes made obtaining a reverse mortgage as comfortable for us as possible. You will be highly recommended.”

  • 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.”

  • “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.”