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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You may be surprised at how people are using today’s reverse mortgage
In the past, people used reverse mortgages as a last resort when they became cash-strapped in retirement. However, now that baby boomers are sitting on record levels of home equity, retirees and investors are using the reverse mortgage as a financially savvy tool. With increased consumer protections and lower set-up...
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