Page 16 - Your Guide to RM Booklet
P. 16
The Reverse Mortgage Process
Here is a step-by-step look at the reverse mortgage process.
AAG professionals are here to listen to your goals, look at
your current financial situation, and answer any questions
you may have.
Call AAG Counseling and Processing and Closing
Application Approval
The first step is to learn In order to safeguard Your loan application If approved, a closing
more, and the best way your interests, HUD will be processed using agent will contact
to determine if a reverse requires all reverse AAG’s LendForce TM you to sign the final
mortgage suits your specific mortgage loan system. We will then documents and discuss
situation is to chat with applicants to undergo schedule an appraisal any funding questions
an AAG professional. No reverse mortgage to determine the value you might have.
question is too big or too counseling. Your AAG of your property-a
small. Our licensed reverse professional will be requirement for
mortgage professionals happy to help you with every mortgage
will walk you through a the entire process, application. The
free, no-obligation financial submit the required appraisal will be added
snapshot of your situation, items and answer any to your application
determine how much you of your questions along and submitted for
may qualify for, and help you the way. underwriting review.
understand your options.
9 Y Your Guide to a Better Retirement 9 our Guide to a Better Retirement 9