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Borrower Stories: Nancy K.

On the second day after returning to work this summer as a paraeducator for special-needs high school students, Nancy K. fractured her knee, sidelining her in her Ontario, Calif., home. For approximately the next four months, the time and energy she normally spent pouring into her students and creating a positive learning environment for them […]

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Borrower Stories: Anne O.

Anne O. broke glass ceilings before the term was even invented. When she casually drops names of some of the most iconic advertising firms in the annals of advertising history — like Doyle Dane Bernbach, McCann Erickson and Young & Rubicam — it’s not to impress, but rather to address that period of life when […]

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Borrower Stories: Janet and John P.

How Two U.S. Army Vets Used a Reverse Mortgage to Get Over the Hump As you read this amazing story, you may think it’s too good to be true. Take a little trip with us before you decide. John, from Wisconsin, and Janet, from Virginia, somehow found their way to Wyoming after each served eight […]

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10 Useful, Thoughtful Gifts for Older Americans

Gifts They’ll Actually Appreciate Delivering the perfect gift is never easy but hitting the mark for older Americans can be especially challenging. If they humbly tell you they have everything or don’t need anything, take a closer look. Everyone wants to be acknowledged and made to feel special, and nothing communicates that message or feeling […]

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10 Ways You Can Improve Your Mental Health at Home

If you’re like many Americans, you may feel that 2020 pushed you to the breaking point. It was back in August 2020 that the Centers for Disease Control and Prevention reported that more than 2 in 5 U.S. residents reported struggling with mental or behavioral health issues associated with the coronavirus disease 2019 (COVID-19) pandemic.1 […]

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Borrower Stories: Hope and John Scott

You think life goes on the way it has forever. Hope and John Scott had made a lovely home and marriage in Lakewood, Calif., anchored by John’s 42 years of employment for a major supermarket chain. Hope kept the house up and worked occasional jobs for extra income. Like so many Southern Californians, upon retirement […]

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Borrower Stories: Tom and Patti Petry

Tom and Patti Petry are the all-American couple. Married 53 years, they worked hard, she at the prestigious Claremont colleges in accounting services for 35 years, he as a tool-and-die maker. The bills always got paid on time, and if there was money left over, they would set it aside for a “date night” and […]

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Borrower Stories: Garvin Smith

Whether using his Hasselblad, Minolta or Canon cameras, Garvin Smith has always known how to find just the right focus for his life. At age 77, that focus for the Orlando, Florida-based celebrity photographer and producer has a reverse mortgage from AAG. He zoomed in on a reverse mortgage for the extra cash flow it […]

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Retain Your Home and Age in Place in Uncertain Times

Homeownership offers many advantages, not the least of which is the opportunity for appreciation, an increase in your home’s equity over time. For example, a median-priced home in the Minneapolis/St. Paul area was about $164,000 in 2011. By July 2020, the median home price in the same Twin Cities metro region was $305,000, an increase […]

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Does the Bank Own the House with a Reverse Mortgage?

It’s easy to understand why so many people mistakenly believe the lender takes ownership of the home in exchange for giving the borrower a reverse mortgage. The loan’s many advantages make it seem almost too good to be true. Some of these advantages are: The lender pays off the borrower’s current mortgage, if one still […]

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