Finance of America Reverse (FAR) Review
NMLS #2285 · Licensed nationwide
Finance of America Reverse is the largest reverse mortgage lender in the United States and, in our assessment, the most complete option on the market. Its scale, product depth, and decades of combined experience make it the lender most borrowers should at least get a quote from before deciding.
FAR is best known for pioneering the HomeSafe® suite of proprietary “jumbo” reverse mortgages, which can unlock equity on higher-value homes well beyond the federal HECM ceiling — in some cases up to roughly $4 million. In 2023, FAR acquired American Advisors Group (AAG), the long-time category leader, consolidating an enormous amount of reverse-lending expertise under one brand.
The trade-off with a lender this large is that experience can vary by loan officer rather than feeling uniform. We recommend asking to be paired with a specialist who handles your specific situation — standard HECM, HECM for Purchase, or jumbo — and requesting the Total Annual Loan Cost (TALC) so you can compare apples to apples.
Pros & cons
Pros
- Widest selection of reverse mortgage products
- Industry-leading proprietary jumbo program
- Available in all 50 states
- Deep bench of experienced specialists
- Strong brand longevity and stability
Cons
- Service consistency can vary by loan officer
- Jumbo products not available in every state
- Large size can feel less personal than a boutique lender
How Finance of America Reverse scored
The bottom line
The default starting point for most reverse mortgage shoppers. Unmatched product range and the strongest jumbo offering in the business earn FAR our top overall spot.