Retirement Archives - Page 7 of 8 - Finance of America Reverse

A A A

Velocify User ID
Let's get to work on retirement

We are here to answer all your questions.
What are you looking for?*
- I want to start a reverse mortgage application
- I want to understand retirement tools and what’s right for me
First Name*
Last Name*
Zip Code*
Zip Code
State*
State
Are You 62 or Older?*
- Yes
- No
What is the Value of Your Home?*
How would you prefer to be contacted?*
- Give me a call
- Email me more information
Email Address*
Phone Number*
GA Campaign
Device Info
SEM Values
Thank you for your interest! Please call us at 855-421-4745 for more information on how we can help!

FAReverse LLC i/l/t/n Finance of America Reverse LLC is Licensed Mortgage Banker in the State of New York, but this site is not authorized by the New York State Department of Financial Services. No mortgage solicitation activity or loan applications for properties located in the State of New York can be facilitated through this site.
Untitled
- First Choice
- Second Choice
- Third Choice
Email
This field is for validation purposes and should be left unchanged.

By submitting this request for information, I hereby provide my signature, expressly consenting to receive information by email or phone, via automated dialing systems, texting, and/or prerecorded messages,  from or on behalf of Finance of America Reverse LLC and its fulfillment partners and may agree to receive other offers on the telephone number I provided above, including my wireless number, even if I am on a State or Federal Do-Not-Call list. I understand consent is not a condition of purchase and that I may revoke my consent at any time. I can revoke consent by calling FAR customer service at 855-421-4745, or contacting my loan officer.

Click here for our Privacy Policy and Notice at Collection

Bending the Conceptions of Retirement

Today’s seniors are bending the conceptions of retirement, literally. More and more baby boomers realize the benefits of staying active and limber in their golden years. Yoga is quickly becoming the group exercise of choice among retirees. Yoga is a holistic practice combining physical poses with mindfulness, breathing techniques, and...

The Ideal Candidate May Surprise you

You see it all the time – articles about reverse mortgages that begin with “They are not for everyone”, and then the author describes an ideal scenario. Sadly, many perfect candidates won’t consider a reverse mortgage because misinformed authors and consumer advocates have painted the wrong picture of the product....

Right-Size Your Home for Retirement

I want to tell you about my experience with a reverse mortgage loan, and how it reshaped retirement for me. My husband and I are baby boomers nearing retirement age, with a close-knit family of grown children and grandchildren. We lived in the same area of Connecticut for over thirty...

Soak Up the Sun in Retirement

The days are getting longer, and the air is getting warmer. Summer is here, and you deserve to enjoy the season in your golden years. Whether you are in the final days of your career or your budget is stretched too thin, you are not alone with retirement financing and...

Explore the Wild Side of Retirement at the Zoo

How many mornings did you look at the window at work and wish you were at the San Diego Zoo? (Between the reliable sunshine and the zoo seeming to keep every animal on earth, how many days didn’t you wish you were at the zoo?) There’s never been a better...

Enjoy the Fruits of the Season

Spring has sprung and, with it, an annual feast for the senses is upon us again. The days are longer and brighter. More often than not, the sun is shining. The world is back in bloom. It’s around this time of year that we all get the chance to shake...

These materials are not from HUD or FHA and were not approved by HUD or a government agency.

©2022 Finance of America Reverse LLC is licensed nationwide | Equal Housing Opportunity | NMLS ID # 2285 (www.nmlsconsumeraccess.org) | 8023 East 63rd Place, Suite 700 | Tulsa, OK 74133 | AZ Mortgage Banker License #0921300 | Licensed by the Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act | Georgia Residential Mortgage Licensee #23647 | Kansas Licensed Mortgage Company | Massachusetts Lender/Broker License MC2285: Finance of America Reverse LLC | Licensed by the N.J. Department of Banking and Insurance | Licensed Mortgage Banker -- NYS Banking Department where Finance of America Reverse is known as FAReverse LLC in lieu of true name Finance of America Reverse LLC | Rhode Island Licensed Lender | Not all products and options are available in all states | Terms subject to change without notice | For licensing information go to: www.nmlsconsumeraccess.org When the loan is due and payable, some or all of the equity in the property that is the subject of the reverse mortgage no longer belongs to borrowers, who may need to sell the home or otherwise repay the loan with interest from other proceeds. The lender may charge an origination fee, mortgage insurance premium, closing costs and servicing fees (added to the balance of the loan). The balance of the loan grows over time and the lender charges interest on the balance. Borrowers are responsible for paying property taxes, homeowner’s insurance, maintenance, and related taxes (which may be substantial). We do not establish an escrow account for disbursements of these payments. A set-aside account can be set up to pay taxes and insurance and may be required in some cases. Borrowers must occupy home as their primary residence and pay for ongoing maintenance; otherwise the loan becomes due and payable. The loan also becomes due and payable (and the property may be subject to a tax lien, other encumbrance, or foreclosure) when the last borrower, or eligible non-borrowing surviving spouse, dies, sells the home, permanently moves out, defaults on taxes, insurance payments, or maintenance, or does not otherwise comply with the loan terms. Interest is not tax-deductible until the loan is partially or fully repaid.

STATE OF ILLINOIS COMMUNITY REINVESTMENT NOTICE

The Department of Financial and Professional Regulation (Department) evaluates our performance in meeting the financial services needs of this community, including the needs of low-income to moderate-income households. The Department takes this evaluation into account when deciding on certain applications submitted by us for approval by the Department. Your involvement is encouraged. You may obtain a copy of our evaluation. You may also submit signed, written comments about our performance in meeting community financial services needs to the Department.

Questions or complaints? Email us at customerrelations@financeofamerica.com