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Servicing options for Borrowers or Estate Representatives interested in avoiding foreclosure.
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These materials are not from HUD or FHA and were not approved by HUD or a government agency.
©2021 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.
Questions or complaints? Email us at customerrelations@financeofamerica.com
Questions or concerns? Email us at
customerrelations@financeofamerica.com
Harness the power of your home's unlocked equity.
*Not tax advice. Consult a tax professional.
**The borrower must meet all loan obligations, including living in the property as the principal residence and paying property charges, including property taxes, fees, hazard insurance. The borrower must maintain the home. If the homeowner does not meet these loan obligations, then the loan will need to be repaid. Your reverse mortgage proceeds will first be used to pay off any existing mortgage balance(s) and/or federal debt.
Just imagine the flexibility and freedom you'll have with more liquidity. Leverage a home equity loan with unique benefits to make retirement what you want it to be.
- Eliminate Monthly Mortgage Payments**
- Flexible Payout Options
– Lump Sum
– Protected Line of Credit
– Tenure Payments
- Lower Monthly Bills
- Tax-free Cash Flow*
- Competitive Interest Rates
- Zero Origination Fee & Lender Credit Options
- Loan Amounts Up to $4 Million
HomeSafe is a jumbo reverse mortgage loan for higher home values.
Be prepared for both opportunities and risks. Instead of letting your equity sit, unlock your largest asset and put tax-free* cash flow to work.
Discover the benefits of HomeSafe®—new jumbo reverse mortgage options.
*REQUIRED
FAR is committed to helping people find a path to achieve their goals in retirement. How can we help you?
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.
If you prefer to connect with FAR immediately, call us at 1-844-683-8089 to speak to a Retirement Solutions Representative today.