- Optimizing Your Retirement
- Easing Retirement Worries
- Diversifying Retirement Investments
- Caring for Loved Ones
- Professional Partners
Many retirees want to move to a warmer climate, move closer to family, or downsize their home. But relocating or buying another home can strain limited, fixed incomes.
Rather than put nearly all of your sales proceeds into another house, which leaves you with very little money to live on, consider a reverse mortgage to purchase your new home —with no monthly mortgage payments.†
The FHA Home Equity Conversion Mortgage (HECM) for purchase option allows you to buy a new home in retirement without the burden of a monthly mortgage payment*. Use it for your retirement dream home, for that cottage in Florida, to relocate closer to family, or to buy a home that better suits your needs.
As a leading reverse mortgage lender, FAR continually strives to expand its product offerings and develop new services for customers and partners.
FAR’s licensed Reverse Mortgage Specialists can explain the loan options available to you and walk you through the entire process.
To explore your reverse mortgage possibilities, talk with a licensed Reverse Mortgage Specialist today.
† Payment of taxes, insurance, and property charges required
“Everything worked as promised and we are delighted.”
Bill and Melody, Nashville, IN
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.”
Janice, Florence, AL
“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