What are the benefits of taking a lump sum reverse mortgage payment?

What are some advantages of the lump sum option?
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American Advisors Group | Phil Scott
The lump sum payment option is a great idea if you have an existing mortgage balance to pay off, a big item you want to purchase, home improvements you want to make, a big trip to take, or something if this nature. If you take a lump sum, you also have the option of choosing the fixed rate interest option. This means you will always know how much your loan will be growing by, no matter what level the interest rates rise or fall to. To find out more about your options, please make a call to AAG today.

To set the process in motion, order a copy of our free educational DVD, featuring Former Senator Fred Thompson. The DVD is a fantastic source of information, so request one today through the link provided or call the number at the top of your screen.

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.
Replied: 4/5/2011

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