HOME EQUITY SOLUTIONS

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AAG changes the conversation around the use of home equity

Jun 03, 2019By

Within AAG’s wholesale division, the feedback the company continued to hear from its brokers (some 800+ of them) is that borrowers and family members are still being influenced by old assumptions about HECM products, which have changed significantly since they were introduced by the Reagan administration in 1989. New regulations have improved standards and added safeguards, to further protect older Americans, making home equity mortgages now another option as a strategic financial planning tool for many seniors.

3d rendering of a row of luxury townhouses along a street

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