Can AAG provide reverse mortgage counseling?
I have heard that reverse mortgage counseling is a requirement of the reverse mortgage process. Can AAG provide this initial counseling for me?
American Advisors Group | Robyn Perry
Yes, reverse mortgage counseling is a requirement of the process. The purpose of this counseling is to make sure that you understand all that the loan entails, and to make sure that you were not coerced into doing it. Because of this, the counseling must be done by a third party, not the lender themselves. AAG is not able to provide the actual counseling, however we are able to give you the information of various counselors that you can call to get it done.
If you need help with getting through the process of a reverse mortgage, feel free to call on of our professionals. They will be able to walk you through, step by step, so that you know exactly what to do and where to go at all times.
Disclaimer: The response above is not intended to be anything other than the educated opinion of the author. It should not be relied upon as financial advice. America Advisors Group recommends speaking directly with an AAG Reverse Mortgage Professional regarding your specific situation and needs. Please call 1 (800) 466-0572 to receive AAG's information pack with a FREE DVD and Brochure featuring Former Senator Fred Thompson.
Replied: 9/8/2010
If you need help with getting through the process of a reverse mortgage, feel free to call on of our professionals. They will be able to walk you through, step by step, so that you know exactly what to do and where to go at all times.
Disclaimer: The response above is not intended to be anything other than the educated opinion of the author. It should not be relied upon as financial advice. America Advisors Group recommends speaking directly with an AAG Reverse Mortgage Professional regarding your specific situation and needs. Please call 1 (800) 466-0572 to receive AAG's information pack with a FREE DVD and Brochure featuring Former Senator Fred Thompson.
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