Details for GATEHOUSE MEDIA - Ad from 2019-08-13

-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. 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

Request a FREE Info Kit
& DVD Today!
Call 1-866-568-5654 now.

homeowners
are
still
responsible for paying for the
maintenance of their home,
property taxes, homeowner’s
insurance and, if required,
their HOA fees.
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. 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.

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
Homeowners who are interested
you have no more monthly
in learning more can request a
mortgage payments.
FREE 2019 Reverse Mortgage
It’s a fact: “no monthly
Information Kit and DVD
mortgage payments” are
by calling toll-free at
required with a reverse
jumbo mortgage; however,
1-866-568-5654

Our new Reverse Mortgage infomation
guides & DVD are now available
featuring award-winnng actor and paid
AAG spokesman, Tom Selleck

*Source:https://www.mpamag.com/market-update/senior-home-equity-has-grown-to-6-9-trillion-112295.aspx
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.V2019.04.17
NMLS# 9392 (www.nmlsconsumeraccess.org). American Advisors Group (AAG) is headquartered at 3800 W.
Chapman Ave., 3rd & 7th Floors, Orange CA, 92868. (BK_0911141)
These materials are not from HUD or FHA and were not approved by HUD or a government agency.

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