Help educate your patients about the home equity solutions available to them

According to HUD, aging in place has been shown to have health and emotional benefits over institutional care. AAG’s home equity solutions can be the difference between receiving long-term care in an institution and being able receive the benefits of aging in place with in-home care. Home equity solutions can help older adults cover the cost of long-term care in the comfort of their home. Learn more the different options available to your patients.



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Apply a Healthy Solution to the Senior Care Challenge

Paying for health care at any age can be challenging, but for seniors the burden can be especially difficult. If you, as a caregiver, are worried about how they will maintain the quality care they require, a Home Equity Conversion Mortgage (HECM) may offer you and those in your care a unique solution.

A HECM, also known as a reverse mortgage, allows adult homeowners, age 62 and older, to tap their home equity in the form of a loan that does not have to be repaid until the borrower leaves the home. Homeowners, however, must continue to maintain their home, pay property taxes and homeowner’s insurance, and otherwise comply with the loan terms.

The result is, homeowners can continue living in their own home while knowing they have the financial resources lined up to help pay for their ongoing health care needs.

Homeowners can access their home equity several ways – lump sum, monthly payments, payments for life or as a line of credit that can grow over time. For added flexibility, they can also combine payment options.

Senior Care Professionals


The Facts:

  • Many incorrectly believe that medical insurance will cover in-home, long-term care¹
  • 70% of those 65+ will need some type of long-term care service at some point²
  • About 90% of seniors say they want to remain in their homes for as long as possible³
  • 25% fewer doctor visits occur when home care is in place⁴

HECM Loan Basics:

  • Borrowers must be 62 or better
  • Borrowers home must be their primary residence
  • Borrowers pay no monthly mortgage payments so long as they continue to pay property taxes, homeowner’s insurance, and home maintenance costs
¹https://longtermcare.acl.gov/costs-how-to-pay/what-is-covered-by-health-disability-insurance/
²https://longtermcare.acl.gov/the-basics/how-much-care-will-you-need.html
³https://www.homeinstead.com/documents/better%20care%20for%20seniors.pdf
⁴http://www.hcaoa.org/assets/1/27/Value_of_Home_Care___SECURED.pdf

Home equity solutions can help older adults cover the cost of long-term care in the comfort of their home. Learn more about the different options available to your patients.

HECM Loan Basics for Senior Care

Learn more about how Home Equity Conversion Mortgage (HECM) loans can be used to supplement in-home and long-term care costs. Explore the different options available to your care recipients. Share this brochure with those who may be able to use this powerful financial tool to stay in the comfort of their own home.

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Borrowers’ Children Weigh in on Reverse Mortgage Successes

While reverse mortgage loan originators frequently receive feedback from their clients and the family members of borrowers, it’s not often that borrowers’ family members weigh in publicly about their experiences. During the National Reverse Mortgage Lenders Association’s annual conference last month in San Francisco, several children of reverse mortgage borrowers shared their input with attendees—a […]

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Seniors More Comfortable Planning Funeral than Care

Although the demand for long-term care for America’s seniors continues to skyrocket, the number of seniors actually planning for it is not keeping pace. And while many older adults are beginning to make end-of-life plans, they are neglecting the years of life that are part of such arrangements. According to a new surveyi by Home Instead, […]

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Top 10 Reasons Seniors Choose Jumbo Reverse Mortgage Loans

Trends show that wealthy seniors are now taking advantage of their home equity as means for further investments. American Advisors Group (AAG), a leading provider of home equity solutions for retirement, today revealed the top 10 reasons seniors are choosing their Advantage™ jumbo reverse mortgage loan. The Advantage loan gives affluent seniors access to their home […]

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American Advisors Group, NMLS #9392, headquartered at 3800 W. Chapman Ave., 3rd & 7th Floors, Orange, CA 92868.

News & Updates

Borrowers’ Children Weigh in on Reverse Mortgage Successes

While reverse mortgage loan originators frequently receive feedback from their clients and the family members of borrowers, it’s not often that borrowers’ family members weigh in publicly about their experiences. During the National Reverse Mortgage Lenders Association’s annual conference last month in San Francisco, several children of reverse mortgage borrowers shared their input with attendees—a […]

Read More

Seniors More Comfortable Planning Funeral than Care

Although the demand for long-term care for America’s seniors continues to skyrocket, the number of seniors actually planning for it is not keeping pace. And while many older adults are beginning to make end-of-life plans, they are neglecting the years of life that are part of such arrangements. According to a new surveyi by Home Instead, […]

Read More

Advice for adult children of aging parents who need help at home

Helping a parent stay active and healthy at home can be achieved with careful planning. The rewards of personally caring for, or managing the care of, a loved one who needs help are innumerable. It’s an opportunity to give back and to offer a return on the loving investment they once made in us. The […]

Read More