Are there federally insured reverse mortgages?

Does AAG offer any sort of federally insured reverse mortgages?
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American Advisors Group | Robyn Perry
Yes, we do. In fact, the majority of reverse mortgage programs used are federally insured. They are called Home Equity Conversion Mortgage (HECM) Programs, and The Federal Housing Administration oversees and insures these loans.

If you have any other questions about reverse mortgages or how FHA insurance works, please contact one of our Professionals, and they will be able to walk you through the process and answer any of your questions.

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: 9/7/2010

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