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AAG Opens Operations Center in Austin, Texas

After nationwide search, AAG selects Austin for expansion, brings more finance sector jobs to city’s workforce  ORANGE, Calif. (Oct. 9, 2017)—American Advisors Group (AAG), the nation’s leading reverse mortgage lender, formally announced today the grand opening of its first stand-alone operations center in Austin, culminating a two-year nationwide site selection process. The 24,750 square-foot space at […]

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Dallas Morning News: “Do Reverse Mortgages Help Out?”

A reverse mortgage line of credit may be the solution to boosting your spendable income in retirement by 25 to 50 percent for the rest of your life as long as you comply with the loan terms, according to an article in the Dallas Morning News. Reverse mortgage loans allow you to borrow against the […]

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Forbes.com: “Reverse Mortgages Can Be a Retiree’s Saving Grace”

It is no surprise that Social Security is the largest retirement income asset of the average American senior. As baby boomers enter retirement age, it is expected to supply more than 50% of income for about two-thirds of Americans in retirement. With such dependency on this single source of income, many Americans may be ill-equipped to […]

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7 Ways to Use Reverse Mortgage as a Financial Planning Tool

In the past, the main purpose of a Reverse Mortgage was to help seniors to fulfill cash needs by allowing them to pull the equity in their homes. But today, many seniors are finding that even if they don’t particularly need to fulfill a cash need, they can take advantage of a reverse mortgage as a tool to […]

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Reverse Mortgage Loans: Too Good To Be True or a Scam?

For over half a century, reverse mortgage loans have enabled more than one million senior homeowners to convert a portion of their home equity into cash in order to supplement their retirement incomes.  Reverse mortgages offer numerous advantages to borrowers, allowing them to retain ownership and live in their homes as long as they comply with loan terms. […]

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Real Borrower Story: Arnold Zorn

Seventy-eight year old Arnold Zorn sat in the comfort of his ranch-style home in the beautiful suburbs of Cleveland Ohio and breathed a sigh of relief. In his hands, he held the latest medical bill that detailed the charges of his latest diagnostic tests. Fortunately for him, figuring out how to pay for these new medical […]

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Real Borrower Story: Edna & Marvin Marcum

When seventy-one year old Edna Marcum relaxes outside on her back deck and looks out across the two acres of lush greenery that comprises her property, she appreciates every inch of it. And she has every reason to, especially now that the entire place is paid off. “I grew up learning that if you can’t […]

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Real Borrower Story: Duane & Ruth Riley

If anyone has a reason to be sentimental about their home, it’s 76-year-old Duane and 74-year-old Ruth Riley.  Sitting on the banks of a beautiful and serene pond in Amery Wisconsin, their home was built completely from scratch for them by their carpenter son.  From the baseboards to the rooftop, their home is the epitome […]

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