News & Events
The reverse mortgage marketplace is growing and evolving daily. Stay up to date on the latest industry news and events.
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News
How to Potentially Protect Your Client’s Portfolio with a Reverse Mortgage
“Using reverse mortgages as portfolio buffers and emergency reserve funds will help protect against the premature eroding of portfolio assets because of poor timing.”1 There are many ways a reverse mortgage can be used as a practical way to benefit your clients’ portfolios. If used strategically, they can even see...
News
Home Purchase with a Reverse Mortgage
HECM for purchase began with the passage of the Housing and Economic Recovery Act of 2008. Before this legislation, if a homeowner in retirement wanted to relocate, qualifying for the new home often proved difficult. They would have to be eligible to purchase a home through traditional means, establish their...
News
HomeSafe® Standard – Lowest Cost and Maximum Proceeds for your Clients
As Finance of America Reverse LLC (FAR) continues to innovate in the proprietary reverse mortgage market, it becomes increasingly essential to meet the needs of your clients with various rates and pricing solutions. As a result, FAR introduced a premier suite of financial tools, called HomeSafe®, that empower customers with...
News
Can a Reverse Mortgage Result in Foreclosure?
When your clients ask if a reverse mortgage could result in foreclosure, the answer is yes. However, when clients think of foreclosure, they think of the most common reason traditional (forward) loans end in foreclosure - failure to make the required monthly mortgage payment. Of course, that wouldn't make sense with...
News
Using a Reverse Mortgage for Sustaining Cash Flow
When financially planning for 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 or...
News
Help Your Clients Visualize Their Future Financial Freedom with FAR’s Reverse Illustrator
When envisioning a financially secure retirement, people typically don’t consider a reverse mortgage in their planning process. Even though a reverse mortgage can add options and flexibility to their retirement funding strategy, people are still skeptical about its real benefits. For this reason, FAR developed a robust reverse mortgage calculator...
News
Breakthrough Campaign from Finance of America Reverse Defines a New Category of Customers
San Diego, CA – December 19, 2019 – Finance of America Reverse LLC (FAR), one of the largest reverse mortgage lenders in the US and a leading provider of retirement solutions, unveiled their first major consumer campaign today. The Introducing HomeSafe® campaign is a multi-channel effort to introduce the product, its use-case, and...
