Finance of America Reverse Reviews 

623
•
TrustScore 2 uit 5

2,2

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Lees wat reviewers zeggen

Beoordeeld met 1 van de 5 sterren

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... Toon meer

Beoordeeld met 1 van de 5 sterren

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... Toon meer

Beoordeeld met 1 van de 5 sterren

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... Toon meer

Beoordeeld met 5 van de 5 sterren

We had AMAZING experience! Daniel Krueger in California is top notch. No high pressure or evasive behavior that you find with other companies. The whole process was carefully explained and follow thr... Toon meer

Bedrijfsgegevens

  1. Hypotheek
  2. ook in
  3. Financiële instelling

Geschreven door het bedrijf

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


Contactgegevens

2,2

Slecht

TrustScore 2 uit 5

623 reviews

5 sterren
4 sterren
3 sterren
2 sterren
1 ster

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2,2

Alle reviews

(623)

8 reviews in de afgelopen 12 maanden

Een review schrijven
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Beoordeeld met 5 van de 5 sterren

Nicole was efficient and kept me…

Nicole was efficient and kept me informed and up to date of the progress. Very happy with the results

4 oktober 2021
Logo Finance of America Reverse

Antwoord van Finance of America Reverse

Thank you for taking the time to review FAR! We are thrilled to hear that Nicole was able to support your needs throughout your journey and that you were satisfied. Please feel free to reach out if we can help with anything further.

Beoordeeld met 4 van de 5 sterren

good#

no comments#

3 oktober 2021
Logo Finance of America Reverse

Antwoord van Finance of America Reverse

Thank you for taking the time to provide your feedback. Please reach out if there is anything further we can do for you.

Beoordeeld met 5 van de 5 sterren

Andrew was very helpful in helping us…

Andrew was very helpful in helping us understand the "numbers."

No matter our questions, he took time and answered back, explaining in detail and made sure we were satisfied.

2 oktober 2021
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Antwoord van Finance of America Reverse

Appreciate your feedback! We are so happy to hear that Andrew was able to support you and explain the sometimes daunting details. We strive to ensure you have all the information needed to make informed decisions. Please let FAR know if we can help you with anything in the future.

Beoordeeld met 4 van de 5 sterren

It worked but it took forever

It worked but it took forever! We were in escrow with another company but because we were with Finance, at the time, they intervened and offered us a better rate. In the future, we’ll save money but we felt that the process was dragged out so Finance could make a bit more money.

2 oktober 2021
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Antwoord van Finance of America Reverse

Thank you for your feedback as we do use for improving our process. We understand your frustration on the timeline as some times this process takes longer than anticipated especially when working with third parties and needing 2 appraisals. FAR strives to communicate with our customers throughout the journey to ensure they feel supported. Please let us know if there is anything we can do for you.

Beoordeeld met 1 van de 5 sterren

A VERY DISSATISFIED CUSTOMER!!!

I would never consider this company to anyone!!!! I never borrowed much too begin as the finance charges were high, so when we were able to refinance to a lower rate we went through so much of back and forth nothing seemed to be going right. WE were told everything was all set and then something else would come up. By the time it finally went through{AFTER A YEAR!!!!!} so much more of the finance charge had accrued,which was horrible!!! WE decided to sell and what we had to pay in finance charges were ridiculous. That never would have happened if things were handled in a more professional manner!!!! Horrible company!!!!!!

1 oktober 2021
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Antwoord van Finance of America Reverse

Hi Judith,
Thank you for bringing this to our attention. We appreciate you taking the time to leave a review and will use this as a learning experience to train and implement new processes. If you still require additional information, please call us at 866-615-1257 and we'll be able to assist you. Again, we apologize for any inconvenience this has caused as customer service is our highest priority.

Beoordeeld met 5 van de 5 sterren

Matt Anderson

Matt Anderson was the most professional and pleasant person to work with and I couldn’t say enough good things about him. He went beyond and above to me our needs. He was so patient and so very helpful, I will give you guys a five stars.

1 oktober 2021
Logo Finance of America Reverse

Antwoord van Finance of America Reverse

Thank you for your feedback! We are delighted to hear your experience with the FAR team (we love Matt too) was positive. We strive to ensure you feel supported and educated throughout the process. Please let us know if there is anything further we can do to help you achieve your financial goals.

Beoordeeld met 4 van de 5 sterren

Customer Service was very good

Customer Service was very good. No long waits. Quick answers. Unfortunately, FAR apparently cannot increase the line of credit on my mortgage with a new appraisal, but a refinance is required.

30 september 2021
Logo Finance of America Reverse

Antwoord van Finance of America Reverse

We appreciate your feedback Lanette and hope that we can help you with your refinance. Please let us know if there is anything we can do to help you achieve your goals.

Beoordeeld met 3 van de 5 sterren

Reverse of America just fine except for…

Reverse of America just fine except for overly detailed document requirement for CONDOS when refinancing.

30 september 2021
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Antwoord van Finance of America Reverse

Hi Laurence,
Thank you for taking the time to leave a review about your experience with FAR. I understand that filling out paperwork and documents during the refi process can be tedious, but I'm happy to hear that you were able to achieve your goals in the end.
Please let us know if there is anything further we can do.

Beoordeeld met 3 van de 5 sterren

Took longer then I expected

Took longer then I expected. Line of credit took longer then I was told.

30 september 2021
Logo Finance of America Reverse

Antwoord van Finance of America Reverse

Hi Fred,

Thank you for taking the time to leave a review about your experience with FAR. I understand how frustrating long waits can be and I apologize for the miscommunication on the amount of time the refi process can take. I'm happy to know that through it all you were able to achieve your goals with us.

Please let us know if there is anything further we can do for you.

Beoordeeld met 5 van de 5 sterren

Easy to understand process

Easy to understand process. Could have used a check in phone call from agent to see how ever thing was.

30 september 2021
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Antwoord van Finance of America Reverse

Thank you for your review. Although we are happy to hear you felt informed on the process, we appreciate your feedback on the support as this helps us improve our processes. Please let us know if there is anything we can do for you in the future.

Beoordeeld met 1 van de 5 sterren

They were of no help.

30 september 2021
Logo Finance of America Reverse

Antwoord van Finance of America Reverse

Hi Rusty,
We regret that your experience with FAR was less than optimal. We appreciate the feedback and would like the opportunity to better understand what happened in this instance. Someone from our borrower care team will be contacting you directly.

Beoordeeld met 5 van de 5 sterren
Logo Finance of America Reverse

Antwoord van Finance of America Reverse

Thank you for your feedback Deborah! We are delighted to hear we were able to make the process as painless as possible. Please reach out if there is anything further we can help with.

Beoordeeld met 2 van de 5 sterren

I was not satisfied with everything…

I was not satisfied with everything that went on while trying to get this company to approve my financing. I know it was during the pandemic and both the agent I was working with and I had some family issues however, I never completely finish the process. I spend unnecessary money to get things done and till this day it’s still not complete so I can’t say I was satisfied when nothing happened

30 september 2021
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Antwoord van Finance of America Reverse

Hi Shirley,
Thank you for bringing this to our attention. We appreciate you taking the time to provide us information from your experience with FAR. We are researching the situation and someone from our borrower care team will be contacting you directly to help remediate the situation.

Beoordeeld met 4 van de 5 sterren

Great financial deal but slow

Great financial deal. Due to COVID it took waaaaaaaaay longer than it should have. But nice customer service

30 september 2021
Logo Finance of America Reverse

Antwoord van Finance of America Reverse

Hi Diana,
Thank you for taking the time to leave a review about your experience with FAR. I apologize for the wait times due to COVID, but appreciate your understanding. I'm happy to hear that you were pleased with our rates and that your rep was able to help you achieve your goals.
Please let us know if there is anything further we can do for you.

Beoordeeld met 5 van de 5 sterren

Great to work with

30 september 2021
Logo Finance of America Reverse

Antwoord van Finance of America Reverse

We are pleased that FAR was able to partner with you in accomplishing your goals. Feel free to reach out if there is anything further we can do for you.

Beoordeeld met 5 van de 5 sterren

Great Refinance

My Reverse Mortgage Refinance with Finance of America was the smoothest and easiest I have ever experienced. I would recommend Finance of America to anyone that needs a Reverse Mortgage.

30 september 2021
Logo Finance of America Reverse

Antwoord van Finance of America Reverse

Wow thank you Reuben! We are thrilled to hear that we were able to make the refinancing process as painless as possible. Please let us know if you need anything further.

Beoordeeld met 4 van de 5 sterren

I have tried twice to contact the Re-Fi…

I have tried twice to contact the Re-Fi department as I want to add my Wife to my Reverse Mortgage., No Response. I'm trying to find out the procedure..
Gary Pennington (512) 888-4460

30 september 2021
Logo Finance of America Reverse

Antwoord van Finance of America Reverse

Hi Gary,
Thank you for bringing this to our attention. We appreciate you taking the time to leave a review and will use this as a learning experience to train and implement new processes. If you still require additional information, please call us at 866-615-1257 and we'll be able to assist you. Again, we apologize for any inconvenience this has caused as customer service is our highest priority.

Beoordeeld met 1 van de 5 sterren

I got pre-qualified with this company…

I got pre-qualified with this company for a purchase and based upon that pre-qualification put in an offer on a property which was accepted. Getting an accepted offer these days is difficult. Then Finance of America Reverse kept dragging me on saying they would do the loan and then on the final days before closing, they were still dragging me along I ended up paying cash for the property because they failed while promising all along. Stay away from them!

30 september 2021
Logo Finance of America Reverse

Antwoord van Finance of America Reverse

Hi Terri,
We regret that your experience with FAR was less than optimal. We appreciate the feedback and would like the opportunity to better understand what happened in this instance. Someone from our borrower care team will be contacting you directly.

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