Details for AGENTI MEDIA SERVICES - Ad from 2019-12-03

PAIDADVERTISEMENT

Has your home increased in
value over the years? A new
option may help you enjoy a
better retirement.
Keep reading if you own a home in the U.S. and were born before 1957.

It’s a known fact that for
many senior citizens in the
U.S. their home is their
single biggest asset, often
accounting for more than
50% of their total net worth.
For many, this investment has
substantially improved due to
years of appreciation.
Yet, according to new
statistics from the mortgage
industry, senior homeowners
in the U.S. are now sitting on
more than 6. 9 trillion dollars*
of unused home equity. With
people now living longer than
ever before and home prices
back up again, ignoring this
“hidden wealth” may prove to
be short sighted.
American Advisors Group
(AAG)hasrecentlyintroduceda
new Jumbo Reverse Mortgage
loan that allows homeowners
with high-value homes to
borrow as much as $4 million
of their home equity. Unlike
a standard reverse mortgage,
AAG’s
Jumbo
Reverse
Mortgage loan has much
higher loan limits, which
gives those homeowners who
qualify access to even more
cash-for many, that means a
better retirement.
There are still millions of
eligible homeowners who
may simply not be aware of
this “retirement secret. Some
homeowners think these
loans sound “too good to be
true.” while others don’t know
how a reverse mortgage works
or understand the process of
extracting equity from their
home. You get the cash you
need out of your home but
yyou have no more monthlyy

mortgage payments.
It’s a fact: “no monthly
mortgage payments are
required with a reverse
jumbo mortgage; however,
homeowners
are
still
responsible for paying for the
maintenance of their home,
property taxes, homeowner’s
insurance and, if required,
their HOA fees.
While some wait until they
need cash, a jumbo reverse
mortgage loan with AAG is
best applied as a vital planning
tool that can help you live out
your golden years in comfort.
By planning ahead, you can
also know that a safety net is
there waiting for you if you
need it.
AAG is honored to be the No.
1 Reverse Mortgage lender
in the nation. We have been
named a 2019 finalist in the
500+ Employee Category for
the Better Business Bureau’s
(BBB) Torch Awards for Ethics.
We take pride in our ability to
make the reverse mortgage
experience informative and
efficient for our customers. In
fact, recent customers have
given us a 97% satisfaction
rating! We are also one of only
a few lenders to offer these
jumbo reverse mortgage
loans.
If you’re a homeowner age 62
or older, you owe it to yourself
to learn more so that you can
make an informed decision.
Homeowners who are
interested in learning more
can request a FREE 2019 Jumbo
Reverse Mortgage Information
Kit and DVD by calling toll-free
at 1-800-660-4963
Our new Reverse Mortgage
information guides & DVD are now
available featuring award-winning
actor and paid AAG spokesman,
Tom Selleck

*Source:https://www.mpamag.com/market-update/senior-home-equity-has-grown-to-6-9-trillion-112295.aspx
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 tax-deductible 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 nonborrowing 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. V2019.08.30
NMLS# 9392 (www.nmlsconsumeraccess.org). American Advisors Group (AAG) is headquartered at 3800 W. Chapman Ave., 3rd & 7th Floors,
Orange CA, 92868. Consumer Loan # CL-9392

Categories

You may be interested in

Welcome to the discussion.

!!!CHANGES TO ONLINE COMMENTS — PLEASE READ BEFORE POSTING!!!
Effective immediately, all comments will display the user's FIRST AND LAST NAME rather than a screen name. Anyone with an existing account that did not provide a first and last name when registering will be required to update their profile before submitting a comment. AGAIN - YOUR ACCOUNT MUST INCLUDE A FIRST AND LAST NAME!

Keep it Clean. NO obscene, vulgar, lewd, racist or sexually-oriented language.
PLEASE TURN OFF YOUR CAPS LOCK.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person. Comments that include verbal attacks of another commenter will not be posted.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.