FOA lowers rate, expands HomeSafe Second reverse mortgage into new states by Chris Clow for HousingWire
HousingWireHousingWire Reverse mortgage industry leader Finance of America (FOA) announced updates on Thursday to the interest rate for HomeSafe Second, its proprietary second-lien reverse mortgage product. It will also be available in four new states, bringing the total to 10 with more planned for 2025. The new states are Arizona,…
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