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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How to Use Home Equity to Empower Your Retirement
When you decide to retire, you’ll need to determine how much money it will take to live comfortably and remain financially sound. Social Security and retirement investments such as a 401(k) or IRA can help, but there may be times when you need more income. One often overlooked source of...
Finance of America Reverse Empowers Homeowners to Reinvent Their Retirement Roadmaps with Game-Changing New Mortgage
EquityAvail TM lowers monthly mortgage payments for ten years, at which time they are eliminated altogether; creates glidepath to retirement. Innovative hybrid product, combines aspects of traditional and reverse mortgages to deliver a ‘new world of options’ for homeowners at or near retirement For many Americans over the age of...
The History of the Reverse Mortgage: Four Key Dates That Shaped Reverse Mortgages
Throughout the last few weeks, we’ve been exploring the history of retirement in a way to understand how our industry has evolved. In order to make retirement products that work for you, we feel it’s important to look at how we got here. So far, we’ve documented the important points...
Using Your Home to be Resilient
Resilience seems like the word of the year for 2020.   It's everywhere. On television, radio spots, email subject headlines, and on social media.    Be Resilient. We're Resilient. Resilience. Forever, resilient.    But what does resilience really mean? And, how can we foster more of it in our lives? ...
How a reverse mortgage can help in a divorce situation
Sheltering in place with another person for months-on-end can be extremely difficult. As couples self-isolate due to coronavirus, lawyers expect a rise in divorces. The increased divorce rate applies to newly married couples and seniors alike. Marriage splits between Americans age 50 and older have been on the rise in...
Home equity can help keep your retirement on track during a pandemic
Let's face it; times are changing. The economy and financial markets have faced challenges and increased volatility. In the past, financial planners recommended using home equity as a last resort and letting it appreciate over time. However, home equity should be a part of your long-term retirement plan. Here are...
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