Page 2 - AAG119_HECM for Purchase Booklet for Builders

Quick Facts

1 in 5 home buyers is age 62 or older 1

Homeowners 62 and up have $7.05 trillion tied up in
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home equity.²

With more than 10,000 baby boomers turning 65 every
day , it’s a growing market you can’t afford to ignore.
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By incorporating HECM for Purchase loans (exclusive to
homeowners 62+) into your business, you can open a new,
growing market segment, giving you the ability to attract
more homebuyers and close more deals on the models you
build. How many closings are you missing today?

97 %

97% of American Advisors Group
4
customers are satisfied with our service.
AAG is:

Caring Driven Ethical

1 https://www.nar.realtor/sites/default/files/reports/2017/2017 home-buyer-and-
seller-generational-trends-03-07-2017.pdf
²”Senior Housing Wealth Exceeds $7 Trillion For First Time” – National Reverse
Mortgage Lenders Association. March 2019. https://www.nrmlaonline.
org/2019/03/19/senior-housing-wealth-exceeds-7-trillion-for-first-time

³ ”Baby Boomers Retire”-Pew Research Center. 2010. Web.5 Dec.2015. http://www.
pewresearch.org/daily-number/baby-boomers-retire/
4 Based on American Advisors Group customer surveys between June 1, 2013, and
January 31, 2019.
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