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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Using Your Home Equity To Leave A Legacy
There are so many misconceptions about reverse mortgages that we're starting to sound like a broken record. But it doesn't matter because when it comes to setting the record straight, we're in this for the long haul. We've seen how our products can change people's lives for the better, and...
Make an Early Retirement Work
Are you forced into early retirement because of the pandemic? You are not alone. Many of us lost our jobs during the coronavirus pandemic. Although the stock market is rebounding, retirement investment accounts may not be what we planned at this point. From January to May, Americans age 55 and older...
Learn the Language of Reverse Mortgages – They Are Useful Tools
Don't think of reverse mortgages as complex. Think of them as unfamiliar. You can easily understand the basic concepts of a reverse mortgage, but many homeowners are unaccustomed to the language and terms used for these loans.   It would help if you familiarized yourself with the concepts and terminology...
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...
Using a reverse mortgage for long-term care
When helping loved ones make financial decisions for their future, it is essential to explore your options. Using home equity to increase cash flow in retirement is a popular option that allows seniors to stay in their homes without making monthly mortgage payments.     Whether a retiree needs to pay...
Should I get a reverse mortgage?
A reverse mortgage can be a powerful retirement planning tool, but they are not for everyone. If you learned about reverse mortgages in the past and decided against them, you should know that there have been some reforms in the past few years that make the upsides stronger. Here's a look...