Will I be able to get a reverse mortgage saver loan from AAG?
I am very excited to hear about the new HECM Saver loan option being offered by the FHA. This will fit my needs perfectly. Will AAG offer this loan?
American Advisors Group | Phil Scott
Yes, American Advisors Group does offer HECM saver loans to our customers. A HECM saver reverse mortgage is a new initiative to the reverse mortgage market, it launched in October 2010. This new reverse mortgage product nearly eliminates one of the biggest upfront fees that you were previously required to pay. As this is a new product to the market, I suggest you call one of our friendly advisors, who will talk you through the benefits of this saver reverse mortgage and also the other types of loans we offer. You don't have any obligation to us if you call to discuss your options, so why not speak with our team and request our free educational DVD and brochure pack. It will guide you through the process and let you know about the changes a reverse mortgage can make to your life. We're standing by and ready to help you make the right choice.
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: 10/21/2010
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.
Ask a FREE Reverse Mortgage Question
Ask Your QuestionMore Questions
- Is there a set maturity date on the reverse mortgage?
- How will my reverse mortgage affect my eligibilty for other types of loans?
- Can I start paying off my reverse mortgage now?
- Do my property taxes differ with a reverse mortgage?
- Does the bank own my home after I sign up for a reverse mortgage?
- How do I apply for a reverse mortgage?
- How do I designate who will receive my reverse mortgage debt?
- Can I get a reverse mortgage if I have a part time job?
- Which reverse mortgage will cost me less?
- What are the pros and cons to a reverse mortgage?
- How do I know if I qualify for a jumbo reverse mortgage?
- What are the out of pocket expenses of a reverse mortgage?
- Would it be practical for me to get a reverse mortgage if I need financing for a short amount of time?
- Am I going to have to pay back my reverse mortgage if I choose to sell my home?
- What happens if my loan balance on my reverse mortgage is greater than my house value?
- How many lenders should I talk to before getting a reverse mortgage?
- What bills will I still be required to pay if I sign up for a reverse mortgage?
- What is the timeline and requirements I have to follow if I want to cancel a reverse mortgage?
- How long will I have to sign the paperwork once I get approved for a reverse mortgage?


Certified RM Professional



