The financial advisors division of American Advisors Group is dedicated to educating financial professionals across the nation on how to use reverse mortgages as a strategic financial planning tool.
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Educating yourself about reverse mortgages may not be enough. With different rules and qualification criteria to follow, it is important that you have a toolbox full of resources to help you determine which of your clientele could benefit from this loan, and guide prospects through the process. Our comprehensive tools will help you do just that and much more.
December 1, 2016
A reverse mortgage loan can be an excellent financial resource for retirees. As with any type of financial tool, it is important to have a clear understanding of all of the costs associated, including closing costs and lending fees (finance charges) and applicable interest rates, before proceeding forward. In order to help you understand the...Read More
November 28, 2016
A large number of pensions go unclaimed each year simply because people do not realize they are owed one. Below you’ll find a series of maps depicting the state of unclaimed pensions in the United States If you’re not familiar with the term, a pension is a retirement arrangement between an employer and employee in...Read More
November 23, 2016
There are three main ways a reverse mortgage loan can be used to help provide additional retirement security. 1. Delay Social Security benefits and let investments grow Using this approach, a reverse mortgage loan is established at the outset of retirement and drawn upon every year to provide retirement income until exhausted, allowing the...Read More
November 18, 2016
As 10,000 baby boomers are expected to reach retirement age daily—and living longer—many are finding that their savings may not be enough to live comfortably during their golden years. U.S. News & World Report writer Kira Brecht suggests that reverse mortgage loans may provide older Americans an additional source of funds to supplement retirement. Brecht’s...Read More