Details for Backspace - Ad from 2021-04-08


Better read this if you are 62
or older and still making
mortgage payments.
More than 1 million seniors have taken advantage of this “retirement secret.”

It’s a well-known fact that for many
older Americans, the home is their
single biggest asset, often accounting for
more than 45% of their total net worth.
And with interest rates near all-time
lows while home values are still high,
this combination creates the perfect
built-up equity.
But, many aren’t taking advantage of
this unprecedented period. According
to new statistics from the mortgage
industry, senior homeowners in the
U.S. are now sitting on more than 7.7
trillion dollars* of unused home
Not only are people living longer than
ever before, but there is also greater
uncertainty in the ecomony. With home
prices back up again, ignoring this“hidden
wealth” may prove to be short sighted
when looking for the best long-term
All things considered, it’s not surprising
that more than a million homeowners
have already used a government-insured

For example, a lot of people mistakenly
believe the home must be paid off in full
in order to qualify for a HECM loan, which
is not the case. In fact, one key advantage
of a HECM is that the proceeds will first
be used to pay off any existing liens on
the property, which frees up cash flow,
a huge blessing for seniors living on a
fixed income. Unfortunately, many senior
homeowners who might be better off
with a HECM loan don’t even bother to
get more information because of rumors
they’ve heard.
In fact, a recent survey by American
Advisors Group (AAG), the nation’s number
one HECM lender, found that over 98% of
their clients are satisfied with their loans.
While these special loans are not for
everyone, they can be a real lifesaver for
senior homeowners - especially in times
The cash from a HECM loan can be used
for almost any purpose. Other common
uses include making home improvements,
paying off medical bills or helping other
family members. Some people simply
need the extra cash for everyday expenses

Request a FREE Info Kit
& DVD Today!
Call 800-661-5913 now.
loan to turn their home equity into extra
It’s a fact: no monthly mortgage
are still responsible for paying for the
homeowner’s insurance and, if required,
Today, HECM loans are simply an
to get the extra cash they need to enjoy
Although today’s HECM loans have been
improved to provide even greater financial
protection for homeowners, there are still

If you’re a homeowner age 62 or older,
you owe it to yourself to learn more so that
you can make the best decision - for your
It’s timetoreverseyourthinking



oved ones

Our new Reverse Mortgage information guides & DVD are now
available featuring award-winning actor and paid AAG spokesman,
Tom Selleck.

U.S.A.’s #1

Reverse Mortgage Company

As Featured on:
ABC, CBS, CNN & Fox News

*Housing Wealth for Homeowners - 62+ Reaches $7.7 Trillion in Q1 2020: NRMLA/RiskSpan Reverse Mortgage Market Index (RMMI) Q1 2000 - Q1 2020
Reverse mortgage loan terms include occupying the home as your primary residence, maintaining the home, paying property taxes and
homeowners insurance. Although these costs may be substantial, AAG does not establish an escrow account for these payments. However,
a set-aside account can be set up for taxes and insurance, and in some cases may be required. Not all interest on a reverse mortgage is taxdeductible and to the extent that it is, such deduction is not available until the loan is partially or fully repaid.
AAG charges an origination fee, mortgage insurance premium (where required by HUD), closing costs and servicing fees, rolled into the balance
of the loan. AAG charges interest on the balance, which grows over time. When the last borrower or eligible non-borrowing spouse dies, sells
the home, permanently moves out, or fails to comply with the loan terms, the loan becomes due and payable (and the property may become
subject to foreclosure). When this happens, some or all of the equity in the property no longer belongs to the borrowers, who may need to sell
the home or otherwise repay the loan balance. V2020.12.22
NMLS# 9392 ( American Advisors Group (AAG) is headquartered at 18200 Von Karman Ave, Suite
300, Irvine CA 92612. Licensed in 49 states. Please go to for full state license information.

These materials are not from HUD or FHA and were not approved by HUD or a government agency.


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