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AAG launches jumbo reverse mortgage product

American Advisors Group (AAG) has announced the launch its new jumbo reverse mortgage loan program, called the AAG Advantage. With AAG Advantage, qualified borrowers may now obtain a reverse mortgage on properties valued at up to $6 million, versus the FHA loan limit of $625,500 associated with a traditional Home Equity Conversion Mortgage (HECM) loan.

Now AAG, which operates the largest reverse mortgage. AAG Launches New Jumbo Reverse Mortgage Product – American Advisors Group (AAG) today announced the launch of a jumbo reverse mortgage product that will allow borrowers the opportunity to borrow up to $3 million in loan proceeds. dubbed aag advantage.

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July 25, 2018 /PRNewswire/ — American Advisors Group (AAG) today announced the launch. and reverse mortgage loans, as well as to refer customers who prefer to sell their homes to AAG Residential.

The product can be used for a home purchase or a cash-out refinance. AAG launches VA loan offering. including government-insured Home Equity Conversion Mortgages, proprietary jumbo reverse.

American Advisors Group (AAG) today announced the launch of a jumbo reverse mortgage product that will allow borrowers the opportunity to borrow up to $3 million in loan proceeds. Dubbed AAG Advantage, the new loan will enable qualified borrowers to obtain a reverse mortgage on properties valued at up to $6 million-far greater than the [.]

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AAG Launches New Jumbo Reverse Mortgage Product – American Advisors Group (AAG) today announced the launch of a jumbo reverse mortgage product that will allow borrowers the opportunity to borrow up to $3 million in loan proceeds. dubbed aag advantage, the new loan will enable qualified borrowers to obtain a reverse mortgage on properties valued at.

AAG recently began to offer another product, a jumbo reverse mortgage, called AAG Advantage, for borrowers with high-value homes who wish to borrow more than the limit allowed on FHA reverse mortgages. Eligible homeowners may borrow up to $6 million with the AAG jumbo reverse mortgage.

American Advisors Group (AAG. by experienced reverse mortgage professionals, without committing to anyone or anything. We hope people use this site to gain a better understanding of the benefits of.

American Advisors group (aag) today announced the launch of a jumbo reverse mortgage product that. obtain a reverse mortgage on properties valued at up to $6 million-far greater than the Federal. Safeguards introduced last year for the government program that limit. proprietary loans by the end of October.

CoreLogic: 791,000 underwater homes return to positive equity March 12, 2014 CoreLogic: 4 million homes Return to Positive Equity in 2013. Rising home prices led to improvements in home equity, with 4 million residential properties regaining equity at the end of 2013, but the share of borrowers underwater on their mortgages remained unchanged from the third quarter, analytics firm CoreLogic reported March 6 in its 4Q 2013 Equity Report.