For homeowners age 62 or older, a reverse mortgage offers a way to convert some of the equity in your home into tax-free* cash. The funds can be used any way you wish, including supplementing your income, paying for a large expense, or preparing for future needs.
As you explore your reverse mortgage options with Finance of America Reverse, LLC (FAR), an experienced Reverse Mortgage Specialist will serve as your guide throughout the entire loan process. Here’s a basic overview of what you can expect:
The process is easy, and your FAR Reverse Mortgage Specialist will assist you all the way.
1 Not tax advice. Consult a tax professional.
2 If the borrower does not meet loan obligations such as taxes and insurance, then the loan will need to be repaid.
This material is not from HUD or FHA and has not been approved by HUD or any government agency.
Finance of America Reverse, LLC is Licensed Mortgage Banker in the State of New York, but this website has not been approved by the New York State Department of Financial Services. Until this website is authorized by the New York State Department of Financial Services, no mortgage loan applications for properties located in New York can be accepted through this site.
Please note that any information provided will be deemed confidential & shall not be reproduced or sold to a third party company. By sending any information, you grant an unrestricted, irrevocable license to use the information to accommodate your requests. FHA Mortgagee ID# 21249. Information provided by Finance of America Reverse, LLC. Not endorsed by or affiliated with any governmental agency. CALIFORNIA BUSINESS NAME: Finance of America Reverse, LLC. NEBRASKA BUSINESS NAME: REVERSE IT! LLC. FAR67
Finance of America Reverse LLC NMLS #2285 (www.nmlsconsumeraccess.org); Corporate Office: 8909 South Yale Avenue, Tulsa, OK 74137; Arizona Mortgage Bankers License #0921300, Mortgage Bankers Branch License #0117862 - 625 West Southern Ave., Suite E171, Mesa AZ 85210; Licensed by the California Department of Business Oversight under the California Residential Mortgage Lending Act ; Licensed under the California Department of Business Oversight under the California Finance Lenders Law; Colorado: To check the status of your Colorado loan originator, visit http://www.dora.state.co.us/real-estate/index.htm; Georgia Residential Mortgage Licensee #23647, 8909 South Yale Avenue, Tulsa, OK 74137; Illinois Residential Mortgage License #MB6759657; Kansas Licensed Mortgage Company #MC0002210; Massachusetts Lender/Broker License MC2285: Finance of America Reverse LLC; Licensed by the Mississippi Department of Banking and Consumer Finance; Licensed by the Missouri Division of Finance as a Mortgage Broker, 1201 Walnut, Suite 975, Kansas City, MO 64106; Licensed Mortgage Banker - NYS Department of Financial Services, 888 Veterans Memorial Highway, Suite 300, Hauppauge, NY 11788; Licensed by the New Hampshire Banking Department; Oregon License #ML-4805; Licensed by the New Jersey Department of Banking and Insurance; Licensed by the Pennsylvania Department of Banking; Rhode Island Licensed Lender; Licensed By the Virginia State Corporation Commission #MC-5413; Washington Consumer Loan Company License #50202. Also conduct business in AL, AR, CT, FL, ID, IN, KY, LA, ME, MD, MI, NE, NM, NC, OH, OK, PR, SC, TN, TX, UT, VT, WV, WI, and WY. Not all products and options are available in all states. Terms subject to change without notice. © 2015 Finance of America Reverse LLC. All Rights Reserved. EQUAL HOUSING LENDER.