What is the exact process of a reverse mortgage?

I’ve been thinking about getting a reverse mortgage, but the process seems so confusing. I’m afraid I won’t understand the reverse mortgage process and regret my decision in the future. What is the process of a reverse mortgage, and is there someone who can help file?
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American Advisors Group | Robyn Perry
I know the reverse mortgage process can be complicated! But that is why there are specialists like us to help you out along the way. In the very first step of the process, we will help you figure out if a reverse mortgage is right for your situation and answer any questions that you have, no matter how big or small, and all for free and with absolutely no obligation. Also, we can send you a DVD with more reverse mortgage information, also completely free!

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: 8/3/2010
American Advisors Group | Will Rae
It's true the process can be somewhat complicated. Reverse mortgage professionals with AAG routinely deal with legal complexities. In my experience as a Reverse Mortgage Professional, I've seen all sorts of financial situations and worked through them. Also, I should point out that in addition to our help, the U.S. Department of Housing and Urban Development requires all applicants to go through reverse mortgage counseling with a third party. It's to ensure you are aware of all of your options, understand all the terms, and are completely comfortable with your decision. You might say that it's "the law" to we make sure that you understand everything completely before finalizing your decision!

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: 8/3/2010

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