Page 17 - Your Guide to RM Booklet
P. 17

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
   12   13   14   15   16   17   18   19   20