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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Reverse Mortgage Safety 101: What Is a LESA?
In 2015, regulatory action and legislation were enacted to protect borrowers and make reverse mortgages sounder financial tools. All prospective borrowers are now required to undergo a financial assessment to qualify for these loans. But even if an applicant has financial challenges, there may still be a chance of becoming...
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