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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Can a Reverse Mortgage Result in Foreclosure?
In rare instances, a reverse mortgage can end in foreclosure. However, the situations that lead to a reverse mortgage foreclosure are typically much different than traditional mortgage foreclosures. When homeowners think of foreclosure, they think of the most common reason traditional or forward loans end in foreclosure—failure to make the...
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