Details for BACKSPACE - Ad from 2021-06-10


There’s money buried in
your backyard. And you don’t
need a shovel to find it.
Learn how home equity can help you fund a better retirement.
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 still
near all-time lows while home values
remain high, this combination creates
the perfect dynamic for getting the
most out of your 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 8.05
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 outcome.
All things considered, it’s not
surprising that more than a million
homeowners have already used a
government-insured Home Equity
Conversion Mortgage (HECM) loan to

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 like these.
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

Request a FREE Info Kit
& DVD Today!
Call 800-370-9561 now.
turn their home equity into extra cash
for retirement.
It’s a fact: no monthly mortgage
payments are required with a
government-insured HECM loan;
however the borrowers are still
responsible for paying for the
maintenance of their home, property
taxes, homeowner’s insurance and, if
required, their HOA fees.
Today, HECM loans are simply an
effective way for homeowners 62 and
older to get the extra cash they need
to enjoy retirement.
Although today’s HECM loans have
been improved to provide even greater
financial protection for homeowners,
there are still many misconceptions.

cash for everyday expenses while
others are now using it as a safety net
for financial emergencies.
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 financial future.

We’re here and ready to help.
Homeowners who are
interested in learning more can
request a FREE Reverse
Mortgage Information Kit
and DVD by calling toll-free at


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

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,
rvine 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.