Finance of America offers a range of home equity lending solutions designed to help homeowners, particularly those in or near retirement, access the value in their homes. The company’s flagship proprietary reverse mortgage product, HomeSafe, allows qualified borrowers to access loan amounts of up to $4 million, with minimum age requirements that vary by state—often 55 and older, but in some states the minimum age is 60 or 62. Another option, HomeSafe Second Tap, enables homeowners to tap into their equity while keeping their existing mortgage in place. Finance of America also offers the federally insured Home Equity Conversion Mortgage (HECM), which remains the most widely recognized reverse mortgage product in the United States.
As of recent years, Finance of America has funded more than $17 billion in reverse mortgage loans. Its reputation in the industry is reinforced by multiple awards and recognitions. In January 2024, Bankrate named it the Best Reverse Mortgage Lender, and in 2025, Money Magazine included it in its list of Best Reverse Mortgage Companies. The Better Business Bureau currently gives Finance of America an A+ rating, and customer satisfaction scores remain high, with ratings of 4.5 stars on ConsumerAffairs and 4.7 stars on Trustpilot.
One of Finance of America’s strengths lies in its customer-focused approach. Its website features a variety of tools and educational resources, including calculators, instant estimate tools, and downloadable guides to help borrowers understand their options. Real customer testimonials highlight the company’s professionalism, responsiveness, and ability to close loans efficiently—often within just a few weeks. Finance of America also emphasizes borrower protections such as mandatory counseling, non-recourse policies, and compliance with federal and state regulations.
Finance of America Reverse products are available in many states, but not all. Certain proprietary products are restricted in places such as California, New Mexico, New York, and Oklahoma, and specific rules may vary based on local licensing and regulations. Prospective borrowers are encouraged to verify availability and eligibility in their state before beginning the application process.
Overall, Finance of America stands out as a well-established, reputable provider in the reverse mortgage space. Its combination of innovative loan products, industry recognition, experienced leadership, and commitment to transparency makes it a compelling option for homeowners exploring ways to access their home equity in retirement.
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