Finance of America ReverseReviews of fareverse.com

Dealt with Teresa Prendergast. Extremely unprofessional and misleading. I have excellent credit, No debt and own my home valued by REMAX at over 1,4 million. After over 9+ weeks, Teresa and Finance of America kept coming up with excuses and delays. They wasted my time and cost me money. I finally told them to take a hike. Other lenders are beating my door down for my business.

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 bothered. Keep running your B/S commercial, just so normal people can call you to be told no.

I am a senior citizen needing to get funds from my line of credit with Finance of America that are legally mine and they have been putting me off FOR WEEKS 😡Absolutely stalling and telling me they will in 14 days then it is another 14 days, then they send you something in the mail wanting you to fill out or you must contact them, all done to prevent me from getting money that is mine. I have done EVERYTHING they ask for FOR WEEKS! Their DRAW REQUEST FORM says you can do it online, but their website is AWFUL and won’t accept my on Email, so they will block you from getting your funds that way too! Anything you send them by Postal Service with a tracking number so YOU KNOW they have it, they will tell you it isn’t processed yet and you will hear that for WEEKS and still not have the money you need 😟

The absolute worst web site. IT should be replaced

Worst Business Experience in all my 65 years! Rampant incompetence and disorganization! TOTAL LACK of CUSTOMER CONCERN. Loan Officer simply a messenger to try to smooth over all the misinformation. No Process or Procedures. Contacted them in Feb- they missed end of April, May close dates and did not fund until 6/3! Constant paper chase too often find Not Needed! Lots of Equity in my home✅ excellent credit (738)✅ verifiable income✅ 65✅ WORST NIGHTMARE BUSINESS TRANSACTION EVER!!!! At one point wanted two people to swear my deceased wife of Four years never was married to anyone else nor had kids!!!! (I couldn’t make this up!) then decided not necessary. Notary had to come out twice on regular papers because he missed a couple pages!!! Why you ask didn’t I go somewhere else? Because once you start this nightmare you are pretty much committed- you will have already sent them a forest or two of useless paper! Your appraisal and some other docs will expire and you will have to pay Again for these! ***AAG is now part of FINANCE OF AMERICA***** RUN!!!!!! AWFUL EXPERIENCE!!!

Finance of America Reverse is a lesson in who NOT to trust with your future. I have had to deal with your "Loss Draft Department" for MONTHS trying to get them to send back the roofing contractors money from my insurance company for MONTHS!!! Ive spoken with managers who lie about returning calls. I have filed a complaint with the Arizona Attorney Generals Office and will warn everyone to AVOID this corrupt company at all costs.

Bait and switch scam. Terrible experience.

ALERT Warning- SCAM!! This company delays loans resulting increases to the quoted interest rate and charges several more fees at closing through various unsavory methods. To avoid admitting the truth and discussions the factual issues above, the company responds by misleading the public and claiming that they cannot discuss loan information in a public forum. However, the truth is that company can respond, but the above facts are undeniable. Sending the company emails and letters via fax, text, or certified mail will provide a paper trail for investigators to utilize for prosecution. Legal action is being pursued against this company. You may be able to be part of a class action complaint. You can file a complaint against this company at the following places: 1. Federal: Consumer Finance Protection Bureau (CFPB) 2. State: You can also file a state complaint. We recommend that you Google your state and/or local loan agency by typing in your state and words “loan complaint.” California consumers can also file at: Department of Financial Protection and Innovation (DFPI). 3. BBB complaint Your local Attorney General and District Attorney or Prosecutor may also file local charges.