It won't take very long for you and your wife to find out how much money you may be eligible for on the reverse mortgage loan program. You are likely to get a good estimate on the day you call AAG. It will help if you can find out an accurate estimate of the value of your home, and if you have a mortgage balance, please find out how much money you still have left to pay. Your reverse mortgage professional will then calculate an amount you can borrow based on the age of the youngest borrower, the value of your home and current interest rates. If you have a mortgage balance, this must first be paid off, but then all remaining proceeds are yours to spend as you wish. The reverse mortgage process is a relatively quick one. On average, it takes about 40 days from initial phone call to the money arriving in your bank account.

If you would like to receive our helpful DVD, which we'll send to you for free, click on the link or call us on the number provided. The DVD features Former Senator Fred Thompson, and we will send it to you along with a brochure about the great benefits of a reverse mortgage.

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.