Details for GATEHOUSE MEDIA - Ad from 2019-04-09

Paid Advertisement
- 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 toll-free at 1-855-291-7113.

Request a FREE Info Kit
& FREE DVD Today!
Call 1-855-291-7113 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.(MB_0911141)
These materials are not from HUD or FHA and were not approved by HUD or a government agency

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