AAG launches jumbo reverse mortgage product

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AAG Introduces proprietary jumbo reverse mortgage loan. 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 $679,650 (updated January 1, 2018) associated with a traditional Home Equity Conversion Mortgage (HECM) loan.

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And in product news American Advisors Group (AAG) announced the expansion of the new AAG Advantage Jumbo Reverse Mortgage Loan to wholesale partners in Colorado for properties valued up to $6 Million..

AAG Expands Jumbo Reverse Mortgage to California Wholesale Partners – American Advisors Group is now offering its proprietary jumbo reverse mortgage product, AAG Advantage. we can help extend reverse mortgages to a greater number of seniors, provide them access to.

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American Advisors Group is a leading provider of Federal Housing Administration (FHA) – backed reverse mortgages. Based in California and founded in 2004, AAG offers a full range of reverse mortgage products including traditional home Equity Conversion Mortgages (HECMs), HECM refinance, and HECM for purchase.

AAG Extends Jumbo Reverse Product to Wholesale Channel – American Advisors Group (AAG) has released its jumbo reverse mortgage loan. a traditional home equity conversion mortgage (hecm) loan. The AAG Advantage was initially launched in select states by.

While AAG’s position as the biggest reverse mortgage provider. namely broadening product offerings by expanding into proprietary jumbo offerings as well as the addition of traditional forward.

AAG Launches New Jumbo Reverse Mortgage Product – 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.

So far, reversevision counts aag, Finance of America Reverse, and Longbridge among its proprietary partners. In introducing the products, the new players cited the recent changes to the.

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which includes variable-rate HECM products and Financial Freedom’s proprietary Cash Account Advantage (a jumbo reverse mortgage). The company plans to launch a fixed-rate proprietary jumbo during the.

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Barry Scoles, National Sales Manager, Reverse Mortgage Focus. you access to our: products; expertise; support; Marketing; Training; Principles.

"We’re trying to separate ourselves from the industry by offering products that few other banks will." EnTrust Funding offers an array of loans, including the standard conventional, jumbo, FHA, VA and.