Yes, we do require you to keep paying your homeowners insurance once you have a reverse mortgage. This is so your, and our, investment is financially protected. Also, all reverse mortgage lenders require you to keep current with your property taxes. Unfortunately there is no way to get out of paying your federal taxes! The other stipulation we set is you must keep your home well maintained throughout the years. Please do make a call to us, we'd be delighted to explain the reverse mortgage process further, so you have all the facts to make an informed decision.

If you're looking for more information on reverse mortgages, why not request a copy of our informative DVD. It will answer a lot of your questions and give you greater insight into how reverse mortgages work. Click on the links provided and we'll post you a copy for free.

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.