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Reverse Mortgages
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Last Updated: 06/27/2025

Finance of America Reverse Mortgage

in Reverse Mortgages from Finance of America Mortgage LLC

Last Updated: 06/27/2025

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Highlights

Amount Range

$50,000 - $2,250,000

Margin Rate

N/A

Origination Fee ($)

N/A

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Finance of America Reverse Mortgage Review

Finance of America Reverse Mortgage is offered by Finance of America Mortgage LLC , a direct lender founded in 1994 and based in Horsham, PA. Finance of America Reverse Mortgage are available in 43 states.

Key Takeaways

  • High borrowing limits. Finance of America Reverse Mortgage offers reverse mortgages up to $2,250,000, making it a suitable option for high-value homes.
  • Loan amount range: Borrowers can receive between $50,000 and $2,250,000 depending on their age, home value, and equity.
  • Only primary residences are eligible. Finance of America Reverse Mortgage does not offer reverse mortgages for vacation or investment properties.
  • Fast process. In some cases you can refinance your mortgage loan within 1 business day.

Finance of America Reverse Mortgage Pros & Cons

Finance of America Reverse Mortgage FAQ

How much can you borrow with a reverse mortgage?

Reverse mortgages let older homeowners borrow using their home’s equity as security. Finance of America Reverse Mortgage allows a maximum loan amount of $2,250,000.
You must have at least 50% equity in your home.

What is the estimated funding time for a reverse mortgage via Finance of America Reverse Mortgage?

Finance of America Reverse Mortgage typically approves applications in hour and funds loans within 1 to 30 days.

What fees does Finance of America Reverse Mortgage charge for a reverse mortgage?

Origination fee: Finance of America Reverse Mortgage may charge a fee .

What property types are eligible?

Finance of America Reverse Mortgage offers reverse mortgages on the following types of properties:
  • Primary residence

Is Finance of America Mortgage LLC a legit company?

Finance of America Mortgage LLC was founded in 1994, it is a well-established company that has been in business for 32 years.
Unfortunately, we don't have sufficient community reviews to provide a reliable rating of their user experience and customer service.

SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...

Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Contact

Headquarters

300 Welsh Road Building 5
Horsham, PA 19044
Visit Site

Hours of Operation

Sunday
Closed
Monday
9:00AM - 5:00PM
Tuesday
9:00AM - 5:00PM
Wednesday
9:00AM - 5:00PM
Thursday
9:00AM - 5:00PM
Friday
9:00AM - 5:00PM
Saturday
Closed

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