Reach your goals without new monthly payments*

HomeSafe Second is a reverse second mortgage for homeowners who love their current first lien mortgage rate and want to tap home equity without adding a new monthly payment.*

  • Access up to $1 million in home equity
  • No new monthly payment*
  • Preserve the rate and terms of your current first mortgage**
Get a free estimate

*The borrower must meet all loan obligations, including meeting all loan obligations under the first lien mortgage, 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. 



**Terms and conditions on the first lien loans apply. Must meet combined loan value requirements based on a satisfactory appraisal.

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A+

Better Business Bureau® rated and accredited

Bankrate-logo

Best Reverse 
Mortgage Lender1

4.6 Stars by
verified customers2

How it works

  • Access cash

    You receive loan proceeds in a lump sum, which can be used virtually however you choose.
    See how much you could get

  • No new monthly payments*

    Throughout the loan, you are not required to make monthly mortgage payments*, so long as you continue to use the home as your primary residence, keep paying property charges, and meet the terms of your first and second loans.

  • Pay it back at the end

    The loan balance must be repaid when you leave the home or don’t comply with the loan terms. Interest on the loan means the balance grows over time, but the amount you owe will never exceed the home’s value as it relates to the second mortgage.

  • Keep your current mortgage

    Preserve the rate and terms of your current first mortgage.**

HomeSafe Second is currently available in the following states: Arizona, California, Colorado, Connecticut, Florida, Nevada, Oregon, South Carolina, Texas

Real Finance of America customers

Finance of America borrowers have been compensated for their participation. Their statements are their own.

July 25, 2024

Our advisor was wonderful

Our advisor was wonderful. She helped us very professionally but made us comfortable in our decision. Stayed in touch through the entire process and if we had a concern she addressed it immediately

– Rhonda, TrustPilot

July 29, 2024

First class people!

First class people! I had a great experience due to the professional representation that occurred start to finish! I will have no hesitation in recommending these fine folks in the future to my friends and family!

– Gretchen Reininga, TrustPilot

August 6, 2024

Great experience

The staff was very professional & friendly. Everything was explained in a step by step process, on the phone, followed by written docs for my future use. Nice people. Thanks

– Scotty Jack, TrustPilot

September 25, 2024

Customer service was excellent.

Customer service was excellent. The people I worked with on the phone were caring and understanding—especially Andrea Tweedle. I was helped to understand each step of the process.

– Joan Moore, TrustPilot

September 25, 2024

From start to finish I was pleased with…

From start to finish I was pleased with the professional handling of every aspect of the process. Couldn’t be happier. Thanks

– Myrna Epstein, TrustPilot

September 25, 2024

The best experience ever

Everyone i dealt with where very helpful made sure i understood what was going to happen and how . I couldn’t have picked a better company THANK YA ALL SOOOOO MUCH FOR WHAT YOU DO!!!!!!!!!

– Pam Neal, TrustPilot

December 24, 2024

Above my expectation!

This experience was so far above my expectations. Carla Fair made this process so easy and alleviated so much stress in my life. I’m disabled and house bound. At every point Carla was caring, helpful, empathetic, knowledgeable and just plain GREAT! I will refer everyone I know to her.

– Maurice, TrustPilot

January 6, 2025

Loved working with Linda M.

We loved working with Linda M. Carney throughout the whole experience. We didn’t make it easy for her since we had to back out of 2 potential purchases after reviewing the inspection reports of those 2 homes. But Linda was still able to work with us on our final purchase.

– Thomas & Mary, TrustPilot

January 29, 2025

Great people to work with

Every person I spoke with was professional, helpful, knowledgeable, and friendly. I was kept advised of everything through the entire process. I would not hesitate to recommend this company.

– Helen, TrustPilot

Compare your options

HomeSafe Second is helping homeowners access home equity with no new monthly payment.*

HELOC
Monthly payment3NoYes4
Interest rate typeFixedVariable
Funds disbursementLump sumLine of credit
Minimum credit score5600
(plus financial assessment)		580-680
(minimum scores vary)
Prepayment penaltiesNoAt lender discretion
Minimum ageYes
(55 for AZ, CA, CO, CT, FL, NV, OR and SC. 62 for TX.) 		No
CollateralSecured by homeSecured by home
Get a free estimate

This is general information about HELOCS but HELOC terms vary by lender.

*The borrower must meet all loan obligations, including meeting all loan obligations under the first lien mortgage, 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.

Get started on your estimate

Complete the form to see how much you could get with HomeSafe Second.

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1 Finance of America is listed as Best Reverse Mortgage Lender by Bankrate in this article, published January 2024.

2 As of June 2024. Top Reverse Mortgage Lenders must have verified reviews on ConsumerAffairs, an overall satisfaction rating of at least 4 stars, and at least a 2:1 ratio of 5-star to 1-star reviews. Finance of America Reverse LLC pays a monthly fee to participate in the ConsumerAffairs Authorized Partner Program.

3 This is the monthly payment on the second lien; still must pay monthly payment on the first lien.

4 If no balance on the line of credit there may be no monthly mortgage payment required and some HELOCS allow interest-only payments during the draw period.

5 Minimum credit score is 720 for limited financial assessment.