Millions of older Americans have, in recent years, secured or refinanced their mortgages into record-low interest rates compared to today’s higher rates. Many of these homeowners are also seeking ways to access the equity from significant home-price appreciation to supplement their cash flow needs, pay off high-interest bills, or make upgrades to their homes. Recognizing this growing, largely unmet need for pre-retirees and retirees seeking flexibility, leading retirement mortgage solutions innovator Finance of America Reverse (“FAR”) today announced the launch of an enhanced version of HomeSafe Second. HomeSafe Second is the only home equity product of its kind that gives older homeowners a(…) Read More »
