Finance of America Reviews 

7,381
•
TrustScore 4.5 out of 5

4.7

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Review summary

Created with AI, based on recent reviews

Evaluating 691 reviews, reviewers overwhelmingly had a great experience with this company. Customers appreciate the dedicated loan officers who guide them seamlessly through the application steps and explain every single requirement thoroughly from the very first phone call. People frequently highlight the exceptional customer service, noting that staff members are polite, highly knowledgeable, and always available to answer questions promptly over the phone. However, some customers also noted frustrating challenges regarding poor communication and significant delays during the underwriting stages. A few reviewers experienced real difficulties when status updates were severely lacking or when interacting with unhelpful office personnel.

What people talk about most

Staff

Customers consistently note positive experiences with staff, frequently highlighting the professional,... See more

Customer service

People report positive experiences with customer service, highlighting that agents are consistently... See more

Service

Users describe positive interactions with service, highlighting professional and knowledgeable agents who... See more

User experience

Clients share positive opinions on user experience, highlighting how helpful staff members made complex... See more

Response time

Consumers find response time to be positive, as reviewers frequently highlight immediate contact and prompt... See more

Reviews shaping this summary

Rated 5 out of 5 stars

Finance of America is a wonderful company. Our loan process was so streamlined and organized. We had dedicated loan officers who walked us through the process every step of the way. Details of our loa... See more

Rated 5 out of 5 stars

FoA from the very first phone call made the process of a RM, absolutely seamless. Everything was explained thoroughly and the actual initial 'approval' was literally handled in minutes from the first... See more

Rated 5 out of 5 stars

Jason patiently answered all of my questions (& there were many throughout a month long process). Plus, I appreciated his "check-in" phone calls to give me updates as the process moved along.

Rated 5 out of 5 stars

Wonderful immediate contact as needed. Even from a long distance and not locally. Close guidance all the way thru the process with both Reggie and Theresa.


Company details

  1. Mortgage Lender
  2. also in
  3. Alternative Financial Service
  4. Non-Bank Financial Service
  5. Retirement Home

Written by the company

Our goal? Helping you accomplish yours. Finance of America’s mission is to help people feel the joy and accomplishment that comes from living retirement to its fullest. As an industry-leading reverse mortgage lender, we bring a proven track record of never taking our customer’s trust for granted. With our recent acquisition of American Advisors Group (AAG), we brought the industry’s top retail and wholesale platforms under one roof, firmly establishing Finance of America as the undisputed industry leader. This consistent commitment to leadership and trustworthy excellence has earned us an “A+” rating from the Better Business Bureau® and the honor of being one of the top-rated reverse lenders on ConsumerAffairs.com**. *Finance of America is listed as Best Reverse Mortgage Lender by Bankrate in this article, published January 2024. **As of May 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.


Contact info

4.7

Excellent

TrustScore 4.5 out of 5

7K reviews

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Asks customers to review

This company invites their customers to review, whether positive or negative

Replied to 3% of negative reviews

Typically replies within 1 week

How this company uses Trustpilot

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4.7

All reviews

(7,381)

671 reviews in the last 12 months

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Rated 4 out of 5 stars

A Reverse Mortgage helped me in many ways

Mark Bicknell of Finance of America was very knowledgeable and patient answering all my questions and concerns. Doing a Reverse Mortgage was new to me so I had no idea what to expect. I was glad to have Mark work with me and promptly reply to my emails as he had a calm demeanor and helped with unexpected delays and problems.
They have a system in place to do this so it flows in an orderly fashion. Having my mortgage paid off is a good feeling.

September 28, 2026
Rated 5 out of 5 stars

Excellent Experience!

My rep, Cory Anderson, guided me through the process start to finish. He's an excellent communicator. Cory made the entire experience easy! Finance of America has all the pieces in place ready for an easy step-by-step reverse mortgage procedure. Impressive! Thank you, Cory and Finance of America!

October 4, 2026
Rated 2 out of 5 stars

What went wrong?

What went wrong? Everything! The entire process felt very one-sided and heavy handed. I was constantly being told to change various aspects of my household insurance policy. At one point I discovered that the lender identified themselves as a mortgage holder on my property to my insurance company even though nothing had been finalized. I was even told that I would have to “change my mailing address” to match what their records reflected. None of this turned out to be true. The guy that showed up to conduct an appraisal was totally unprofessional. Lastly, after my right to rescind expired, and the lender started to charge interest, I was told that I’d not be able to receive my money because they had lost documentation that I paid to submit. In the end, I received my money. The process was not pleasant. There was no accountability by the lender. Resolving the many issues was always my responsibility. Time will tell if this turns out to be a net positive. Not sure I’d do it again.

October 6, 2026
Rated 5 out of 5 stars

Jason was always ready to answer…

Jason was always ready to answer questions from us, he always returned our calls, was very patient with us, and above all, was always willing to help in any way he could, Jason has made sure our remaining years will be worry free. We can never thank him enough!

October 6, 2026
Rated 5 out of 5 stars

Confidence in the Process

I enjoyed working with Jeffrey Peters very much and felt confident working with him. Since I have not had any other experience with Reverse Mortgages, it is a little hard to judge as to what constitutes a great company and there are so few of them. I say that my experience with Jeff gave the high rating.

September 30, 2026
Rated 5 out of 5 stars

Aline, Heather, and Ilse

Aline, Heather, and Ilse answered all my questions and anticipated many of them, and helped me navigate the system when I encountered problems. They were always professional and courteous.

September 24, 2026

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