The wholesale division of American Advisors Group is dedicated to educating mortgage brokers and bankers, credit union lenders, community bankers, and other financial services professionals on how to leverage reverse mortgages as a strategic financial planning tool for their senior clients.
Frequently Asked Questions
How long does it take to close a loan?
AAG has industry leading turn times, typically 30 days from submission to close. A typical broker loan funds in 30 days from submission. This is based on AAG Wholesale data between January 2015 and January 2016.
Do you have training available?
Yes! AAG has a comprehensive library of industry leading on line and live trainings covering everything you will need to know to get started and be successful with reverse mortgages.
How are brokers compensated?
Broker compensation is based on services provided by brokers, the funds disbursed at closing, and allowable origination fees.
How is AAG different from other reverse lenders?
AAG’s success is due to several key elements including the most innovative HECM products, unmatched Partner support and resources, and the best training available anywhere. No one delivers more to help you succeed than AAG.
Do I need a special license to do reverse mortgages?
No. If you are already licensed, you are good to go.
How do I generate leads?
AAG has a wealth of marketing support available to partners to help tailor a plan that meets your business objectives.
Do I need additional insurance or a bond?
You only need what your State requires. Check with NMLS or your State licensing authority for details.
How does your pricing compare?
Our pricing and comp is extremely competitive. Often we’re the best – sometimes we’re not, and we don’t sell our program on price alone. We earn and keep our Partners based on the quality of our HECM products, our unmatched Partner support and resources, and our industry-leading training.
“Why Not Use It” Now Airing ORANGE, Calif. (June 19, 2017) – American Advisors Group (AAG), the leading reverse mortgage lender in the nation, today announced the debut of its new television campaign, “Why Not Use It,” starring the company’s national spokesperson, Emmy and Golden Globe award-winning actor, Tom Selleck. AAG collaborated with agency partner...
AAG’s CEO and founder, Reza Jahangiri, is featured in the June 29, 2017 issue of Forbes. In it, Lauren Gensler, Forbes staff writer, covers AAG’s history starting with when Jahangiri became convinced 13 years ago of the big potential for “a congressionally blessed product known as a Home Equity Conversion Mortgage, insured by the Federal...
AAG Hires Mortgage Industry Veterans to Expand Sales and Change Execution Capabilities ORANGE, Calif. (June 7, 2017) – American Advisors Group (AAG), the leading reverse mortgage lender in the nation, today formally announced that Robert Kane and Dennis Loxton have joined the fast-growing National Field Sales team. Kane joined on May 8 as the director...
Investment advisor and best-selling author, Terry Savage, “puts her money where her mouth is” and shares a personal story about why she’s a fan of reverse mortgages. Savage explains how she helped her father get a reverse mortgage 15 years ago. He lived in that same home until his passing at the age of 95....