American Advisors Group is moving into a new 22,000 sq. ft headquarters in Orange, California, to accommodate a growing number of loan officers and operational support to handle an anticipated volume increase in 2011.
The new space has the ability to house over 100 loan officers and is the next step in an aggressive growth plan for 2011 said AAG. Despite the number of reverse mortgages falling 35 percent in 2010, AAG saw volume increase by 55 percent during the same period according to data from Reverse Market Insight.
“I look towards 2011 with a great sense of optimism. We intend AAG to secure its position as one of the top private reverse mortgage originators in the industry,” said Reza Jahangiri, CEO of AAG. “We are growing at a rapid rate due to our high level of customer satisfaction, our systematized sales and operational flow, as well as the dedication of our staff.”
The decision to add former Senator and Actor Fred Thompson as their spokesperson seems to be paying off.
“I am also delighted by the response of our successful marketing campaign featuring Former Senator Fred Thompson,” said Jahangiri. “His appointment as spokesperson for AAG has elevated our company by providing credibility and further awareness for this important financial tool for seniors.”