Finance of America is a wonderful company. Our loan process was so streamlined and organized. We had dedicated loan officers who walked us through the process every step of the way. Details of our loa... See more
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Our goal? Helping you accomplish yours. Finance of America’s mission is to help people feel the joy and accomplishment that comes from living retirement to its fullest. As an industry-leading reverse mortgage lender, we bring a proven track record of never taking our customer’s trust for granted. With our recent acquisition of American Advisors Group (AAG), we brought the industry’s top retail and wholesale platforms under one roof, firmly establishing Finance of America as the undisputed industry leader. This consistent commitment to leadership and trustworthy excellence has earned us an “A+” rating from the Better Business Bureau® and the honor of being one of the top-rated reverse lenders on ConsumerAffairs.com**. *Finance of America is listed as Best Reverse Mortgage Lender by Bankrate in this article, published January 2024. **As of May 2024. Top Reverse Mortgage Lenders must have verified reviews on ConsumerAffairs, an overall satisfaction rating of at least 4 stars, and at least a 2:1 ratio of 5-star to 1-star reviews. Finance of America Reverse LLC pays a monthly fee to participate in the ConsumerAffairs Authorized Partner Program.
Contact info
8023 East 63rd Place, Suite 700, 74133, Tulsa, United States
- 1-866-948-0003
- reviews@financeofamerica.com
- www.financeofamerica.com
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Replied to 3% of negative reviews
Typically replies within 1 week
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Satisfied customer
Experience was excellent because of my interactions with Teresa "Terri" Prendergast, Loan originator officer. She was very knowledgeable regarding the questions/concerns I had about the loan process. There was never any impatience or talking down to, as is too often experienced by us old folk (I'm 88). I felt like a valued customer as we negotiated aspects of the loan. I also spoke with the underwriter who made it easy to clarify questions about my application. Terri was professional yet friendly, and I felt at ease in our conversations. She always returned my calls quickly, which kept me up to date about the process, what documents were needed,etc. This made my navigation through the complex process stress-free, as I had read negative things about reverse mortgages. The streamlined closing transaction was much appreciated; received my payout without a hitch. In summary, the experience positively exceeded my expectations because of the time and effort put forth by Terri. I would highly recommend FOA reverse mortgage to my elderly friends. Thanks to Terri.
Finance of America Review
I felt that the service I received from the loan officers and a loan processor was excellent. They were extremely knowledgeable and helpful to me in accomplishing the steps in the Reverse Mortgage process.
I was very please and happy with…
I was very please and happy with Finance of America. I will recommend this company to my family and friends.
The staff was helpful knowledgeable and…
The staff was helpful knowledgeable and was there for me when I need them. Carla and her worked to put the mortgage together around me working night and sleeping during hours
Jeena made the experience absolutely…
Jeena made the experience absolutely useful and
respond to phonecalls fast
IIlse was also excellent
Great Experience!
Everyone was friendly, professional and very helpful guiding us through the process. We definitely would recommend Finance of America for lending needs!
he staff kept us in the loop the entire time of the way. They were so helpful in securing information needed to assist us. The application was easy for a layperson to complete.
The staff kept us in the loop the entire time of the way. They were so helpful in securing information needed to assist us. The application was easy for a layperson to complete.
it started out a little
it started out a little, rocky little slow, but once I was assigned a new worker, they went above and beyond to help me get things done in a timely manner
Reverse Mortgage experience with FOA
We were new to Reverse Mortgages, so our representative, Joel Garcia explained in detail every step throughout the process. Joel was available every time we called or emailed, he followed up before and after our consultation, so nothing was ever a surprise. Our loan was processed in record time, with no stress, no doubt on our decision and 100% satisfaction with Joel, and Finance of America.
The experience was very challenging and…
The experience was very challenging and I don't think it needed to be.
Very good experience
Very thorough explanation of the different reverse mortgage options, very pleasant interactions with FOA personnel and they kept on top of the process while we awaited my qualifying birthday.
Ciro Bochiaro was an excellent…
Ciro Bochiaro was an excellent representative of the company. He explained the process, addressed my questions and concerns and was very professional and knowledgeable about the process of a reverse mortgage.
I would recommend this company and Mr. Bochiaro and his team in the future.
Michelle was absolutely wonderful kept…
Michelle was absolutely wonderful kept me informed, worked to get what wanted,
Communications and follow-up
Communications and follow-up. Not having a mortgage or large loan in 50 years I felt very comfortable with the process.
The process was confusing at times
The process was confusing at times, having one contact (Amy) available was extremely helpful. She was very patient , knowledgeable and very responsive and easily accessible
FOA got us a great Reverse Loan
FOA got us a great Reverse Loan. 5 Stars. But their processing time was overly long and tedious. Their Underwriters are overworked. Overall 4 stars.
Explained well by Ryan Warner.
Buggy website
This review is not about my rep who was great. But rather the web site which is consistently buggy and inconsistent. The chances of me getting a "there is a problem" message are much higher than getting to my information. This has been through the application process and now that the loan closed 10 days ago.
The loan officer was wonderful and he…
The loan officer was wonderful and he treated us very well with respect and with understanding. The process was a little bit drawn out, but it all worked out great.
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