There’s a better way with FOA
If you’re a homeowner age 55+3 with significant equity in your home, our range of reverse mortgage solutions may offer a better path to accomplishing the things that matter most.4
Discover the gift that lasts: Financial confidence
Your home equity could fund the retirement you’ve always imagined—without monthly mortgage payments1. Choose your goal and get a free, no-obligation instant estimate.
1The 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.
2The right to remain in the home is contingent on paying property taxes and homeowner’s insurance, maintaining the home, and complying with the loan terms.
Better Business Bureau®
A+ rated and accredited
4.7 Stars by
verified customers5
Best Reverse
Mortgage Lender6
Best Reverse Mortgage
Companies 20257
They found a better way, and so can you
Thousands of homeowners have trusted our suite of home equity solutions to find peace, stability, and happiness in retirement.
Finance of America Reverse LLC borrowers have been compensated for their participation. Their statements are their own.
Craig
Finance of America customer
Dennie & Hassan
Finance of America customers
Two decades of helping homeowners thrive
Helping homeowners nationwide make home upgrades and enjoy retirement with simple, stress-free guidance every step of the way.
5-star reviews selected from Trustpilot. To see all reviews go to TrustPilot.com.
Frequently asked questions
With a reverse mortgage, you — not the lender — own and control your home. You can’t be removed from the home so long as you uphold the terms of the loan. As with a traditional forward mortgage, the lender simply puts a lien on the property to ensure the loan will be repaid. Learn More
No. A reverse mortgage is a “non-recourse” loan, which means that if you default on the loan, or if the loan cannot otherwise be repaid, the lender can only enforce the debt through the sale of the property and cannot look to your other assets (or your estate’s assets) to meet any outstanding balance. If the loan balance is higher than the home’s value, your heirs will not be responsible for paying the difference when the home is sold to repay the balance. Learn More
To be eligible for a reverse mortgage, you typically need to be a homeowner 62+. However, Finance of America also has an exclusive range of reverse mortgage options available in many states to homeowners 55+. In addition to meeting the age requirement, you’ll need about 50% equity in the home to qualify. You’ll also need to undergo a financial assessment to help determine your ability to meet the terms of the loan. Learn More
A reverse mortgage loan ends when the last borrower passes away or otherwise leaves the home. At this time, the loan principal and all accrued interest must be repaid. You or your heirs will have the option to repay the balance through the sale of the home or by paying off the mortgage balance with other funds. If the loan balance exceeds the home’s value, you or your heirs can also sign over the home’s title to the lender and walk away. Learn More
The largest misconception around reverse mortgages is that they’re dangerous. The truth is that these products are highly regulated by the US government and come with strict consumer protections that make today’s loans safer than ever. Key safeguards include, max claim limits on reverse mortgage products, required financial assessments to ensure borrowers are financially capable of taking on the loan, and required counseling with an independent, HUD-approved counselor to help borrowers make an informed decision.
Apart from mandatory reverse mortgage counseling costs and FHA insurance (on certain loans only), the fees for a reverse mortgage are generally the same as those for a traditional forward mortgage. It’s also important to remember that with a reverse mortgage, most fees are added to the loan balance, which means you pay little out-of-pocket upfront. Learn More
Important legal disclaimers
1The borrower must meet all loan obligations, including living in the property as the principal residence and paying property charges, including property taxes, fees, and 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.
2The right to remain in the home is contingent on paying property taxes and homeowner’s insurance, maintaining the home, and complying with the loan terms.
3For certain HomeSafe products only, excluding Massachusetts, New York, and Washington, where the minimum age is 60, and North Carolina and Texas where the minimum age is 62.
4All reverse borrowers must participate in reverse mortgage counseling to see if a reverse mortgage is the right fit for them. A Reverse mortgages isn’t the best option for every consumer.
5As of May 2025. Rating based on verified reviews from Trustpilot.com.
6Finance of America is listed as Best Reverse Mortgage Lender by Bankrate in Best reverse mortgage lenders in 2025.
7Finance of America is listed as Best Reverse Mortgage Companies by money.com in Finance of America Reverse Mortgages Review. Finance of America is a paid advertiser with money.com.
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