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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Should I refinance or get a reverse mortgage?
With rates still low, you may be considering a refinance to lower your mortgage payments or generate needed cash. But did you know that refinancing to a reverse mortgage rather than a traditional mortgage might be a better option? Let's find out more about each option. Home refinancing is a...
Is It Time to Refinance?
If you don’t already know, you can refinance a reverse mortgage to take advantage of lower interest rates, and higher real estate values. You can also refinance to add a spouse to the reverse mortgage. Interest rates are at historic lows, and real estate values have increased over the past...
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