Finance of America Reverse Reviews 

625
•
TrustScore 2 out of 5

1.9

While we don't verify specific claims because reviewers' opinions are their own, we may label reviews as "Verified" when we can confirm a business interaction took place. Read more

To protect platform integrity, every review on our platform—verified or not—is screened by our 24/7 automated software. This technology is designed to identify and remove content that breaches our guidelines, including reviews that are not based on a genuine experience. We recognise we may not catch everything, and you can flag anything you think we may have missed. Read more

See what reviewers are saying

Rated 1 out of 5 stars

If you hate your kids get a reverse mortgage with this company. once they are notified that you have passed they will start the foreclosure process. before your love ones can mourn your passing they w... See more

Rated 1 out of 5 stars

The loan officer, Jay Varno, did not tell me I didn't qualify, instead they approved the loan THEN KEPT ALL MY MONEY. FOR LIFE. they pay for my insurance & taxes. My money was all put into a LESA (... 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

Rated 1 out of 5 stars

They advertise that the reverse mortgage has changed and improved for the consumers benefit. That is a total misrepresentation. Yes it has changed but not for the better!! The Loan to value ratios a... See more

Company details

  1. Mortgage Lender
  2. also in
  3. 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

1.9

Poor

TrustScore 2 out of 5

625 reviews

5-star
4-star
3-star
2-star
1-star

No recent history of asking for reviews

This company hasn't invited customers recently, so reviews may not be representative

Hasn’t replied to negative reviews

How this company uses Trustpilot

See how their reviews and ratings are sourced, scored, and moderated.

1.9

All reviews

(625)

10 reviews in the last 12 months

Write a review
Companies on Trustpilot aren't allowed to offer incentives or pay to hide reviews. Reviews are the opinions of individual users and not of Trustpilot. Read more

Rated 5 out of 5 stars

5 stars

Hi,

I would like to take a moment to share my experiences with Alexis Torres for my mother reverse mortgage loan. Alexis and his team did a wonderful job to process our loan. He has great knowledge about the loan processes and understood our problems. He provided alternate solutions for us to meet each requirement. The entire process was smooth, and Alexis communicated with us at every step with emails and phone calls. We had terrible experiences with Washington Mutual but thankful that we switched to Finance of America. We definitely will recommend Finance of America to other family members and friends.



Sincerely,

Kevin

March 10, 2023
Finance of America Reverse logo

Reply from Finance of America Reverse

Hi Kevin, we so glad you had a great experience with Alexis! If you have any questions, please don't hesitate to call us.

Rated 5 out of 5 stars

Answered all questions and the timing…

Answered all questions and the timing of documents.

February 19, 2023
Finance of America Reverse logo

Reply from Finance of America Reverse

We're so glad you had a good experience. Please reach out to us with any questions. We're always here to help!

Rated 5 out of 5 stars

Jason Chambers from Finance of America…

Jason Chambers from Finance of America was recommended to me by my brother. Although skeptical, I contacted him.

What I found was Jason was forthright, very candid, knowledgeable, and honest. It was refreshing to be dealing with someone who is very professional. Although he did an assumptive close, he had answered all of my questions in a truthful concise manner.

Please keep in mind, it is important to do your own due diligence if you sign up for this. That being said, Jason earned my business and got me into a program that suited me best.

July 9, 2022
Unprompted review
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
Finance of America Reverse logo

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
Finance of America Reverse logo

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
Finance of America Reverse logo

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
Finance of America Reverse logo

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
Finance of America Reverse logo

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
Finance of America Reverse logo

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
Finance of America Reverse logo

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
Finance of America Reverse logo

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.

The Trustpilot Experience

Anyone can write a Trustpilot review. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active.

We use dedicated people and clever technology to safeguard our platform. Find out how we combat fake reviews.

Learn about Trustpilot’s review process.

Here are 8 tips for writing great reviews.

Verification can help ensure real people are writing the reviews you read on Trustpilot.

Offering incentives for reviews or asking for them selectively can bias the TrustScore, which goes against our guidelines.

Take a closer look