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.
The Top 50 Community-Minded Companies in Orange County
IRVINE, CA (September 18, 2017) —– The Orange County Business Journal announces the 50 most community-minded companies in Orange County. The Civic 50 Orange County, presented by the Orange County Business Journal (OCBJ) in partnership with OneOC, provides a local standard for superior corporate citizenship and showcases how companies can use their...
Whether you’re just getting started with a reverse mortgage loan, or are just conducting your research, there may be a lot of terms that may come up that can be a bit overwhelming. In this infographic, we’ve included only those industry key glossary terms that can be helpful to anyone interested in a reverse mortgage loan. This infographic should get...
How celebs like Tom Selleck helped a reverse mortgage lender to No. 1
By Jeff Collins
He’s not a celebrity. You’re probably never heard his name; you’ve probably never heard of his company. Read the full article here.
(Photo by Ana Venegas, Orange County Register/SCNG)
Reza Jahangiri, CEO of American Advisors Group, poses with a cutout of AAG spokesperson Tom...
ORANGE, Calif. (Aug. 8, 2017)—American Advisors Group (AAG), the nation’s leading reverse mortgage lender, today announced that it has received a “non-objection” letter from the Consumer Financial Protection Bureau (CFPB) related to a Consent Order (CO) entered into on December 7, 2016. The CO required AAG to submit for review and determination of non-objection a comprehensive compliance plan designed to...