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Reverse Mortgage Quiz: Test Your Knowledge
Interest in reverse mortgages continues to increase as their uses and versatility become more widely known. Here are 25 questions to test your knowledge of reverse mortgages — knowledge that you may be able to put to work to help you live and retire better. 1. AAG is the nation’s leading reverse mortgage lender. Who […]
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10 Facts About Reverse Mortgages
What is a reverse mortgage? Is there more than one kind of reverse mortgage? What is the meaning of the term, “federally-insured” HECM? Are reverse mortgages safe? What are some of the ways people are using their reverse mortgages? How much money can I get from a reverse mortgage? What are the different ways I […]
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What is LESA?
Have You Been Properly Introduced to LESA (to Help You Pay Your Property Taxes)? In applying for a reverse mortgage to help you retire better, one of the steps, established by the FHA in 2015, is a financial assessment to determine your ability to maintain your home and regularly pay your property taxes and homeowners […]
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Streamlined Appraisal Process During COVID-19 Period
An essential part of every reverse mortgage loan is the home appraisal, which is used to determine the value of the home on which the loan approval and loan amount are largely based. Due to the social distancing measures now in place to limit the spread of COVID-19 and to protect the health and safety […]
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Financial Tips for Widows
When your spouse dies, your world changes. It goes from “we” to “me” in a heartbeat. If you were used to dividing up the chores, such as cooking, cleaning, cutting the grass or changing the air filter on your refrigerator or HVAC unit, these tasks may now fall on you alone. And the truth is, […]
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What You Need To Know About Medicaid
Medicaid is the largest health insurance program in the United States, covering about one-in-five low-income Americans or about 73 million people. Before you’re tempted to say the program can’t help you because you think you earn too much or own too many assets, you may be surprised, or even shocked, by what you’re about to […]
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The Complete Guide to Buying a Condo
Are you looking around your cavernous single-family spread and thinking, “Do I need this much space?” Once your family has flown the nest, there’s probably little reason to still keep the nest. Downsizing is a tried-and-true feature of retirement. As much as people maintain they want to “age in place,” many opt for less space. […]
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Senior’s Bucket List Dream Comes True with Movie Star Treatment
Frieda “Freddie” Brock considers herself part of the new generation of seniors. A vibrant personality with an appetite for adventure, Freddie has spent her retirement traveling and pursuing her passion for writing. Most recently, Freddie added another fascinating chapter to that life when she was chosen by AAG for a special “bucket list” surprise. Following […]
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AAG Launches New Wholesale Brand
Nation’s Leading Reverse Mortgage Lender Bolsters Partner Program ORANGE, Calif. (April 29, 2019) American Advisors Group (AAG), a leading provider of home equity solutions for retirement, has introduced the AAG & You, Better Together program as part of its increased investment in its wholesale partner relationships. Included in the program are both a partner dedicated […]
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AAG and BBB Expand Fight Against Senior Targeted Financial Fraud
ORANGE, Calif. (March 21, 2019) – As part of their continued fight against elder abuse, American Advisors Group (AAG), the leading provider of home equity solutions for retirement, has expanded its partnership with the Better Business Bureau PacSW (BBB) to produce the Savvy Seniors Program. The senior-focused fraud prevention program will host sessions across Southern […]
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