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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Dispelling the Myths Surrounding Reverse Mortgages
Consumers are often confused about the concept of reverse mortgages and how they can benefit their financial well-being. Many misconceptions persist. Reverse mortgages are, in fact, an important financial tool that many retirees may find helpful as they map out their future. To help clear the air around reverse mortgages,...
HomeSafe® Reverse Mortgage Fixed Rate Option – Lowest Cost w/ Maximum Proceeds
As Finance of America Reverse LLC (FAR) continues to innovate in the proprietary reverse mortgage market, it becomes increasingly important to meet the needs of our customers with various rate and pricing solutions.  As a result, FAR introduced a premier suite of financial tools, called HomeSafe®, that empower our customers...
Guide to Intelligently Leveraging Your Largest Asset in Retirement
When financially planning for your retirement, the main objective is to keep from running out of money in the later years. There is a significant portion of the retirement community that relies on portfolio securities as their primary source of income. These are often pre-tax accounts such as 401(k) plans...
Is a Reverse Mortgage Right for Me?
You may be asking yourself, “is as reverse mortgage right for me?” Without knowing all of the details, this can be a disconcerting question. Home equity is the largest source of savings for most people entering retirement, however few people understand how reverse mortgages work. This article sheds light on...
Can a Reverse Mortgage Result in Foreclosure?
In rare instances, a reverse mortgage can end in foreclosure. However, the situations that lead to a reverse mortgage foreclosure are typically much different than traditional mortgage foreclosures. When homeowners think of foreclosure, they think of the most common reason traditional or forward loans end in foreclosure—failure to make the...
The Reverse Mortgage: is it Really That Complicated?
Is the Reverse Mortgage as simple as some claim? Or is it a highly complex financial tool? Well, both. The reverse mortgage is simple to understand but can become complex when using it strategically for retirement financing. A reverse mortgage is exactly what it sounds like: a mortgage in reverse. When...