You will remain the title holder to your property throughout the entire reverse mortgage process. AAG will never claim back more than the original loan amount, plus the interest and fees that have accrued over the years. AAG will never own your home. When you pass away, you can still leave your estate to your children and they can choose whether to refinance the home or sell it. The can pay off the existing reverse mortgage balance with other available funds, or obtain a traditional mortgage to pay off the balance and not sell the home. If they choose to sell the property, then the remaining amount of equity will be given to them on a tax free basis. As your property is likely to have increased in value over the years, they can choose to spend this capital how they wish. To receive your copy of our educational DVD, featuring Former Senator Fred Thompson, simply call the number provided or fill in the online form. You'll receive a pack which includes a step-by-step brochure and the DVD. We hope to hear from you soon.

Disclaimer: The response above is not intended to be anything other than the educated opinion of the author. It should not be relied upon as financial advice. America Advisors Group recommends speaking directly with an AAG Reverse Mortgage Professional regarding your specific situation and needs. Please call 1 (800) 466-0572 to receive AAG's information pack with a FREE DVD and Brochure featuring Former Senator Fred Thompson.