Learning Center

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About Finance of America Reverse

The Retirement Strategies Division at Finance of America Reverse (FAR) is an official provider of reverse mortgage education to the Financial Planning Association (FPA), educating and supporting financial professionals with all the tools needed to strategically leverage housing wealth as part of a holistic retirement plan. 

Did You Know?

$11.2 Trillio

Housing wealth currently held by American seniors.¹


43%                                

Percentage of homeowners would be interested in a home equity loan if they had more information.²


$4 Million    

Maximum reverse mortgage loan amounts from FAR.³

Single Courses

Course Series

Resources

Expand your reverse knowledge and get the tools you need to take the next step with clients.

Elevate Retirement Outcomes With Reverse Mortgages 

Reverse Mortgage Calculator 
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Is a Reverse Mortgage Right for your Client? 
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Adding Housing Wealth to a Retirement Plan

Description

Retirement planning has traditionally excluded housing wealth, however, for many of our clients this can represent 50% or more of their net worth. And with higher inflation rates and volatile investment markets, more advisors are now taking a fresh look at reverse mortgages. With income-tax free proceeds, and no required monthly payment*, the reverse mortgage can be an effective option to incorporate housing wealth into an income bucket or other retirement planning strategy. In this presentation, Steve Resch, a practicing financial advisor, will do a brief overview of how the program works, and then share case studies of using it to manage household cash flow by eliminating an existing mortgage payment, supplementing an asset distribution strategy, or providing gap-funding to delay social security or other pension distributions. We will also look at how a reverse mortgage can be a safety net for long-term care risks, to pay the taxes on Roth Conversions, and provide capital for gifting or other legacy objectives. This class is eligible for 1 CFP CE credit.

Register

April 20, 2023 

June 15, 2023

September 21, 2023

October 12, 2023 

November 16, 2023

News

Stay current and informed on the industry.

Read more news at FAR Retirement Strategies

Majority of Retirees and Pre-Retirees
Lack Sufficient Savings to Retire by Age 65

Read More/ BusinessWire

Three Reasons Why Financial Advisors Recommend a Reverse Mortgage

Watch Video / InvestmentNews

Reducing Retirement Risk with Home Equity

Read More / AdvisorPerspectives

Is a Reverse Mortgage Right for Your Client?

Listen to Podcast/ Financial Sense

Unlock More Opportunities for Clients

Contact FAR’s Retirement Strategies Division to learn how accessing home equity can be a smart and strategic piece of a holistic financial plan.

Phone 888 580-6895 Email RSD@FAR.comWebsite RSD.FAR.com

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Steve Resch

VP, Retirement Strategies and Wealth Manager

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Kellan Brown

VP Strategic Partnerships

Partnerships & Affiliations


FAR is proud to work with the Stanford Center on Longevity, the Academy of Home Equity in Financial Planning, and MorningStar Workstation to further key research, provide professional reverse mortgage education, and honor our commitment to help more borrowers improve outcomes using home equity.


CE credit(s) for all FAR courses may be earned for a processing fee.

¹ Source: National Reverse Mortgage Lenders Association

² Source: 2022 Home Equity Survery, Finance of America Reverse

³ Loans up to $4 million available for HomeSafe® and EquityAvail® products. These are proprietary products of Finance of America Reverse LLC. Not all
products are available in every state. Please contact us for a complete list of availability.

These materials are not from HUD of FHA and were not approved by HUD or a government agency. For business and professional use only. This document is
not an advertisement to be distributed to prospective customers or the general public

©2023 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 Business Oversight 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

For Reverse Loans: 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.