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Press Release (26)
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3 in 4 GenX Children Want Their Parents to Retire at Home.*

*Reverse mortgage borrowers must continue to pay taxes, insurance, maintain the home and otherwise comply with loan terms. AAG’s Adult Children Survey Shows Generation X Adult Children are Not Emotionally or Financially Prepared to Care for Their Parents in Later Years. Irvine, Calif. (October 13, 2022) – Inflation and current economic conditions are creating problems […]

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Over 50% of Generation X Can’t Afford to Help their Senior Parents

AAG’s Adult Children Survey Shows Major Concerns Over Inflation Among Families Irvine, Calif. (August 9, 2022) – Inflation and current economic conditions are creating problems for senior Baby Boomers, and new data from American Advisors Group (AAG) shows that those financial issues could become a problem for their Generation X (Gen X) children. To learn […]

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Over 60% of Adult Children are Worried About Inflation’s Impact on their Parents’ Finances

AAG’s National Adult Children Survey Shows Concerns Over Senior Parents’ Finances Irvine, Calif. (July 20, 2022) – Current economic conditions have many seniors struggling to afford their later years, and new data from American Advisors Group (AAG) shows that their hardship is causing stress among their older aged children. To learn exactly how American adult […]

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AAG Partners with EZ-ACCESS

Irvine, Calif. (July 13, 2022) – American Advisors Group (AAG), the nation’s leader in home equity solutions, today announced its partnership with EZ-ACCESS, a division of Homecare Products Inc., a leading provider of quality access and mobility solutions. The partnership allows EZ-ACCESS dealers to connect customers with AAG to help them understand options for accessing […]

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Single Seniors Are Struggling to Retire According to AAG Survey

Single Women Face the Most Financial Challenges in Retirement Irvine, Calif. (April 19, 2022) – Inflation and the current economic climate have put a financial strain on older Americans, and new data from American Advisors Group (AAG) shows that unmarried seniors are the most affected. To learn exactly why single seniors are struggling to afford […]

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81% of Seniors Fear Next Gen Could Face Rocky Retirement

Over a Third of Seniors Also Say Employers Didn’t Do Enough to Help Them Retire Irvine, Calif. (March 15, 2022) – Affording a comfortable retirement is challenging for modern day seniors and statistics shows they feel the problem is going to get worse. New data from American Advisors Group (AAG), the nation’s leader in home […]

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AAG Partners with Senior Helpers as Home Equity Solutions Provider

Irvine, Calif. (March 9, 2022) – American Advisors Group (AAG), the nation’s leader in home equity solutions for seniors, today announced its partnership with Senior Helpers the nation’s premier provider of in-home senior care with over 320 territories nationwide. The partnership allows Senior Helpers franchise partners to connect clients with AAG field agents to help […]

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AAG Partners with Next Day Access as Home Equity Solutions Provider

Irvine, Calif. (March 9, 2022) – American Advisors Group (AAG), the nation’s leader in home equity solutions for seniors, today announced its partnership with Next Day Access, a leading provider of  accessibility and mobility solutions for homeowners and businesses across the U.S. The partnership allows Next Day Access franchises to connect customers with AAG representatives […]

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Inflation is Affecting Two-Thirds of American Seniors

Widowed and Divorced Senior Women are Impacted the Most by Inflation Irvine, Calif. (Feb 15.  2022) – Americans work their entire lives to achieve a comfortable retirement, but inflation and economic trends have made that goal difficult to attain for modern day seniors. New data from American Advisors Group (AAG), the nation’s leader in home […]

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AAG Partners with Bestbath as Home Equity Solutions Provider

Irvine, Calif. (January 27, 2022) – American Advisors Group (AAG), the nation’s leader in home equity solutions, today announced its partnership with Bestbath, the world’s leading manufacturer of bathing products for people of all abilities. Bestbath products are designed to be functional and beautiful, but also be easily modified as needs and abilities change. The […]

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©2023 American Advisors Group/AAG are divisions of Finance of America Reverse LLC which is licensed nationwide* | Equal Housing Opportunity | NMLS ID # 2285 (www.nmlsconsumeraccess.org) | 8023 East 63rd Place, Suite 700 | Tulsa, OK 74133 | AZ Mortgage Banker License #0921300 | Licensed by the Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act | Georgia Residential Mortgage Licensee #23647 | Kansas Licensed Mortgage Company | Massachusetts Lender/Broker License MC2285: Finance of America Reverse LLC | Licensed by the N.J. Department of Banking and Insurance | Licensed Mortgage Banker — NYS Banking Department where Finance of America Reverse is known as FAReverse LLC in lieu of true name Finance of America Reverse LLC | Rhode Island Licensed Lender | Not all products and options are available in all states | Terms subject to change without notice | For licensing information go to: www.nmlsconsumeraccess.org

*Finance of America Reverse LLC does not do business as American Advisors Group/AAG in Nevada and New York.

FAReverse LLC i/l/t/n Finance of America Reverse LLC is Licensed Mortgage Banker in the State of New York, but this site is not authorized by the New York State Department of Financial Services. No mortgage solicitation activity or loan applications for properties located in the State of New York can be facilitated through this site.

For Reverse Loans: When the loan is due and payable, some or all of the equity in the property that is the subject of the reverse mortgage no longer belongs to borrowers, who may need to sell the home or otherwise repay the loan with interest from other proceeds. The lender may charge an origination fee, mortgage insurance premium, closing costs and servicing fees (added to the balance of the loan). The balance of the loan grows over time and the lender charges interest on the balance. Borrowers are responsible for paying property taxes, homeowner’s insurance, maintenance, and related taxes (which may be substantial). We do not establish an escrow account for disbursements of these payments. A set-aside account can be set up to pay taxes and insurance and may be required in some cases. Borrowers must occupy home as their primary residence and pay for ongoing maintenance; otherwise the loan becomes due and payable. The loan also becomes due and payable (and the property may be subject to a tax lien, other encumbrance, or foreclosure) when the last borrower, or eligible non-borrowing surviving spouse, dies, sells the home, permanently moves out, defaults on taxes, insurance payments, or maintenance, or does not otherwise comply with the loan terms. Interest is not tax-deductible until the loan is partially or fully repaid.

STATE OF ILLINOIS COMMUNITY REINVESTMENT NOTICE The Department of Financial and Professional Regulation (Department) evaluates our performance in meeting the financial services needs of this community, including the needs of low-income to moderate-income households. The Department takes this evaluation into account when deciding on certain applications submitted by us for approval by the Department. Your involvement is encouraged. You may obtain a copy of our evaluation. You may also submit signed, written comments about our performance in meeting community financial services needs to the Department. V2023.06.28

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