Finance of America Reverse Reviews 619

TrustScore 2 out of 5

2.2

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Rated 1 out of 5 stars

Our home was paid for. We took a reverse mortgage for some home repairs. In October 2018, we received $9,400.00. This is the total amount of cash we have received.. period except a yearly deduction of... See more

Rated 1 out of 5 stars

Due to the recent passing of my aunt instead of asking for the only amount that she ACTUALLY took they want the whole line of credit! They also don't forward mail so how is someone from another state... See more

Rated 1 out of 5 stars

Well unless your home is worth $200,000 or more, don't bother contacting this company because they could care less about you. Their CEO lives in a multimillion dollar mansion and doesn't want to be bo... See more

Rated 5 out of 5 stars

Our experience was, by and large, quite positive. Our first loan officer was very enthusiastic and a bit too chatty, but she did a good job getting things started. She could have explained a few thi... See more

Company replied

Company details

  1. Mortgage Lender
  2. Financial Institution

Written by the company

NMLS ID #2285 (www.nmlsconsumeraccess.org) • BBB A+ rating & preferred partner of the Financial Planning Association • Industry's only concierge team to work one on one with borrowers' post funding to ensure positive long-term outcomes • FAR retains servicing of loans and has commitment to borrower for life • Proprietary product HomeSafe® - lending limits up to $4m • One of the oldest reverse companies • Offers additional income stream - homesharing through Silvernest


Contact info

2.2

Poor

TrustScore 2 out of 5

619 reviews

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Hasn’t replied to negative reviews

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Rated 5 out of 5 stars

Scott and Crystal and the entire team…

Scott and Crystal and the entire team at FAR were amazing! From start to finish they made the process smooth, simple and easy, without question. I have taken out many home loans, however this was by all means the best lender I have ever worked with. I highly recommend them should you need or want a home loan without the hassle and frustration that usually comes with the home loan process. My expectations were met and exceeded!

January 19, 2023
Rated 5 out of 5 stars

Follow Up

The customer service lady helped me get on line to review my account information. which was very helpful.

January 27, 2023
Rated 5 out of 5 stars

i had a great experience working with…

i had a great experience working with your loan officer Shaun Garhan i was very comfortable he was always very professional listened to my question and explained and covered them i was very pleased with his knowledge and workings of a reverse mortgage thank you Shaun and Finance of America it was a pleasant experience

January 15, 2023
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Reply from Finance of America Reverse

Hi Arthur,
Thank you for the review! We are delighted to hear that you felt supported by Shaun throughout your journey with FAR. We strive to ensure our customers have all information necessary to make the best decisions toward their financial goals. Please reach out if there is anything we can do for you in the future.

Rated 5 out of 5 stars

Prompt informed replies to questions

Prompt informed replies to questions. Trustworthy suggestions and advise through the process. Exceptional customer partnership of agent through the process..

November 18, 2022
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Reply from Finance of America Reverse

Hi Chuck,
We appreciate your feedback and are so happy to hear that your experience was fantastic! Please let us know if there is anything further we can do for you.

Rated 5 out of 5 stars

It's only been 1 month..

It's only been 1 month... time will surely tell.
But, regarding the process, and the courtesy provided by everyone involved (loan officer, appraiser, notary, others) was very prompt and exceptional. Going direct also save me many fees I would have had to pay through a broker. So all efforts are/were appreciated.

November 7, 2022
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Reply from Finance of America Reverse

Hi Mary,
Thank you for taking the time to leave a review! Happy to hear that you felt confident with our FAR team as we strive to make our customers feel well informed and supported through the process. Please let us know if we can help with any future financial needs.

Rated 1 out of 5 stars

Bait and switch scam

Bait and switch scam. Terrible experience.

November 1, 2022
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Reply from Finance of America Reverse

Hi Richard,
Our goal is to provide the best experience, and we’re sorry we failed to meet your expectations. Please reach out to Reviews@far.com so we can help resolve the issues.

Rated 4 out of 5 stars

experience was good enough for me to…

experience was good enough for me to recamend fna too a friend

November 20, 2022
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Reply from Finance of America Reverse

Hi Michael,
Happy to hear that you felt confident with our FAR team as we strive to make our customers feel well informed and supported through the process. Please let us know if we can help with any future financial needs.

Rated 5 out of 5 stars

Our financial manager was professional

Our financial manager was professional, competent, friendly, patient, and returned calls promptly.

October 15, 2022
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Reply from Finance of America Reverse

Hi Tom,
We appreciate your feedback and are so happy to hear that your experience was fantastic!

Rated 4 out of 5 stars

My Loan Refinance

It's been quite a while since I refinanced this loan so I don't remember the agent's name. She did a good job. It just seemed to take longer then I was originally told. I also didn't realize that I would have to start over with a whole new loan, and to pay all the fees again.
I don't remember the date the loan was funded so this date is just a guess

December 30, 2021
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Reply from Finance of America Reverse

Hi Lynn,
Happy to hear that you felt confident with our FAR team as we strive to make our customers feel well informed and supported through the process. Please let us know if we can help with any future financial needs.

Rated 5 out of 5 stars

Dana Leigh demonstrated care, professional methods

Dana Leigh was an exceptional facilitator.

October 27, 2022
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Reply from Finance of America Reverse

Hi Susan,
We are delighted to hear that you felt supported by Dana throughout your journey with FAR. We strive to ensure our customers have all information necessary to make the best decisions toward their financial goals. Please reach out if there is anything we can do for you in the future.

Rated 5 out of 5 stars

Responsive Every Step of the Way

Your company was responsive from the first phone call l made to you when l decided to refinance. While other companies have kept me waiting for weeks throughoutthe process, FAR kept me informed every step of the way.

October 28, 2022
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Reply from Finance of America Reverse

Hi Thomas,
Happy to hear that you felt confident with our FAR team as we strive to make our customers feel well informed and supported through the process. Please let us know if we can help with any future financial needs.

Rated 5 out of 5 stars

good LO

good LO, very good LO

July 27, 2022
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Reply from Finance of America Reverse

Hi Larry,
I'm so delighted to hear that somebody was able to keep you informed throughout the process of achieving your goals.

Rated 5 out of 5 stars

Adam was extremely helpful and…

Adam was extremely helpful and knowledgeable.

August 19, 2022
Finance of America Reverse logo

Reply from Finance of America Reverse

Hi Linda,
We are delighted to hear that you felt supported by Adam throughout your journey with FAR. We strive to ensure our customers have all information necessary to make the best decisions toward their financial goals. Please reach out if there is anything we can do for you in the future.

Rated 5 out of 5 stars

Very thorough and all concerns…

Very thorough and all concerns addressed.

October 27, 2022
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Reply from Finance of America Reverse

Hi Jimmy,
We appreciate your feedback and are so happy to hear that your experience was fantastic!

Rated 5 out of 5 stars

We really enjoy the service

We really enjoy the service. We are on a 29 day cruise through the South Pacific because of the money from the reverse mortgage. We will have work done on the house when we will get home.

October 3, 2022
Finance of America Reverse logo

Reply from Finance of America Reverse

Hi Gary,
Happy to hear that you felt confident with our FAR team as we strive to make our customers feel well informed and supported through the process. Please let us know if we can help with any future financial needs.

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