The wholesale division of American Advisors Group is dedicated to educating mortgage brokers and bankers, credit union lenders, community bankers, and other financial services professionals on how to leverage reverse mortgages as a strategic financial planning tool for their senior clients.
Frequently Asked Questions
How long does it take to close a loan?
AAG has industry leading turn times, typically 30 days from submission to close. A typical broker loan funds in 30 days from submission. This is based on AAG Wholesale data between January 2015 and January 2016.
Do you have training available?
Yes! AAG has a comprehensive library of industry leading on line and live trainings covering everything you will need to know to get started and be successful with reverse mortgages.
How are brokers compensated?
Broker compensation is based on services provided by brokers, the funds disbursed at closing, and allowable origination fees.
How is AAG different from other reverse lenders?
AAG’s success is due to several key elements including the most innovative HECM products, unmatched Partner support and resources, and the best training available anywhere. No one delivers more to help you succeed than AAG.
Do I need a special license to do reverse mortgages?
No. If you are already licensed, you are good to go.
How do I generate leads?
AAG has a wealth of marketing support available to partners to help tailor a plan that meets your business objectives.
Do I need additional insurance or a bond?
You only need what your State requires. Check with NMLS or your State licensing authority for details.
How does your pricing compare?
Our pricing and comp is extremely competitive. Often we’re the best – sometimes we’re not, and we don’t sell our program on price alone. We earn and keep our Partners based on the quality of our HECM products, our unmatched Partner support and resources, and our industry-leading training.
“Home Equity Chair” Airing Now Orange, Calif. (September 8, 2016) – American Advisors Group (AAG), the leading reverse mortgage lender in the nation, this week launched its latest television commercial starring Emmy and Golden Globe award-winning actor Tom Selleck. The spot is the second of three new ads featuring Selleck as the company’s national spokesperson....
Some of the best advice on home protection may come from Ray Johnson. A former burglar, he is now a reformed home security expert. For over 20 years, he has devoted his life to teaching people how to protect their homes. Here are some tips to safeguard your home: Trees and shrubs may look good,...
Reverse mortgage loans are continuing to gain steam among financial experts, consumers and columnists. Susan Tompor of the Detroit Free Press explains the shift may be attributed to consumer protections added in recent years. Baby boomers may also be giving reverse mortgage loans a second look as the generation lives longer, has less than ideal...
Not only can care be provided less expensively in your home but it is also a key for achieving optimal outcomes for many patients. A reverse mortgage loan can be used to help pay for senior care for you or your spouse. This gives you the opportunity to live safely and comfortably in your home...