Update on COVID-19

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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  • HomeSafe loan limits are higher than the government insured HECM loans, up to four million dollars, while offering similar protections and features to the borrower.
  • HomeSafe borrowers enjoy no mortgage insurance premiums, competitive fixed interest rates and no out-of-pocket funds required beyond the appraisal (except for purchase).

This article is intended for general informational and educational purposes only, and should not be construed as financial or tax advice. For more information about whether a reverse mortgage may be right for you, you should consult an independent financial advisor. For tax advice, please consult a tax professional.