Details for MEDIA SPACE SOLUTIONS - Ad from 2019-06-12

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- EDUCATIONAL ADVERTISEMENT -

Has your home increased
in value over the years? A
new option may help you
enjoy a better retirement.
Keep reading if you own a home in the
U.S and were born before 1957.
It’s a well-known fact that for
many senior citizens in the U.S.
their home is their single biggest
asset, often accounting for more
than 50% of their total net worth.
For many, this investment has
substantially improved due to years
of appreciation.
Yet, according to new statistics
from the mortgage industry, senior
homeowners in the U.S. are now
sitting on more than 6.9 trillion
dollars of unused home equity.1
With people now living longer than
ever before and home prices back up
again, ignoring this “hidden wealth”
may prove to be short sighted.
American Advisors Group (AAG)
has recently introduced a new Jumbo
Reverse Mortgage loan that allows
homeowners with high-value homes
to borrow as much as $4 million of
their home equity. Unlike a standard
reverse mortgage, AAG’s Jumbo
Reverse Mortgage loan has much
higher loan limits, which gives those
homeowners who qualify access
to even more cash—for many, that
means a better retirement.
However, today, there are still
millions of eligible homeowners
who may simply not be aware
of this “retirement secret.” Some
homeowners think these loans
sound “too good to be true.” while
others don’t know how a reverse
mortgage works or understand the
process of extracting equity from
their home. You get the cash you
need out of your home but you
have no more monthly mortgage
payments.
It’s a fact: “no monthly mortgage
payments” are required with a
reverse jumbo mortgage; however,
homeowners are still responsible for
paying for the maintenance of their
home, property taxes, homeowner’s
insurance and, if required, their
HOA fees.
Today, jumbo reverse mortgage
loans have proven to be an effective
way for homeowners 62 and older to
get the extra cash they need to enjoy

retirement.
While some wait until they need
cash, a jumbo reverse mortgage loan
with AAG is best applied as a vital
planning tool that can help you live
out your golden years in comfort
and security. By planning ahead,
you can also know that a safety net is
there waiting for you if you need it.
AAG is honored to be the No.
1 Reverse Mortgage lender in the
nation. We have been named a
2017 finalist in the 500+ Employee
Category for the Better Business
Bureau’s (BBB) Torch Awards for
Ethics. We take pride in our ability
to make the reverse mortgage
experience informative and efficient
for our customers. In fact, recent
customers have given us a 97%
satisfaction rating! We are also one
of only a few lenders to offer these
jumbo reverse mortgage loans.
The cash from a jumbo reverse loan
can be used for almost any purpose.
Many people use the money to save
on interest charges by paying off
credit cards or other high-interest
loans. Other common uses include
making
home
improvements,
paying off medical bills or helping
other family members. Some people
simply need the extra cash for
everyday expenses while others are
now using it as a “safety net” for
financial emergencies
If you’re a homeowner age 62
or older, you owe it to yourself to
learn more so that you can make an
informed decision.
Homeowners who are interested
in learning more can request
a free 2019 Jumbo Reverse
Mortgage Information Kit and
free Educational DVD by calling
American Advisors Group tollfree at 1-800-841-3723.

Request a FREE Info Kit
& FREE DVD Today!
Call 1-800-841-3723 now.

Our new Reverse Mortgage infomation guides &
DVD are now available featuring award-winnng
actor and paid AAG spokesman, Tom Selleck
1) https://www.mpamag.com/market-update/senior-home-equity-has-grown-to-6-9-trillion-112295.Aspx
AAG is an equal housing lender. AAG works with other lenders and financial institutions. To process your request
for a mortgage, AAG may forward your contact information to such lenders for your consideration of mortgage
programs that they offer. A reverse mortgage increases the principal mortgage loan amount and decreases
home equity (it is a negative amortization loan). Reverse mortgage loan terms include occupying the home
as your primary residence, maintaining the home, paying property taxes and homeowners insurance.
Although these costs may be substantial, AAG does not establish an escrow account for these payments.
However, a set-aside account can be set up for taxes and insurance, and in some cases may be required.
Not all interest on a reverse mortgage is tax-deductible and to the extent that it is, such deduction is not
available until the loan is partially or fully repaid. AAG charges an origination fee, mortgage insurance
premium (where required by HUD), closing costs and servicing fees, rolled into the balance of the loan.
AAG charges interest on the balance, which grows over time. When the last borrower or eligible nonborrowing spouse dies, sells the home, permanently moves out, or fails to comply with the loan terms, the
loan becomes due and payable (and the property may become subject to foreclosure). When this happens,
some or all of the equity in the property no longer belongs to the borrowers, who may need to sell the
home or otherwise repay the loan balance. V2019.02.25_HYBRID
NMLS# 9392 (www.nmlsconsumeraccess.org). American Advisors Group (AAG) is headquartered at 3800 W.
Chapman Ave., 3rd & 7th Floors, Orange CA, 92868. (4824 NW Gateway Ave, Suite 201, Riverside, MO 64168)

These materials are not from HUD or FHA and were not approved by HUD or a government agency

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