ASSOCIATION OF SENIOR SERVICE PROVIDERS (ASSP)
Member Speaker/Sponsor: American Advisors Group—Cheryl Butler
Understanding Reverse Mortgages - Common Myths and Misconceptions and the real value this brings to Seniors who wish to remain in their homes.
American Advisors Group is the largest provider of HECM loans in the U.S. with over 3000 employees nationwide. One of my responsibilities is to work with Financial Planners, Elder Law Attorneys and make them aware that home equity can be a retirement solution. A Reverse Mortgage can help by delaying social security, it can also increase your "Sequence of Returns" and provide a way to help some stay in their home and receive in home healthcare.
AAG’s suite of home equity financial solutions include:
Residential purchase loans designed for Seniors who may not qualify for a traditional mortgage or who do not want a mortgage payment
Federally Insured HECM loans that provide tax free cash that can be used for any purpose
Traditional first mortgages that offer higher loan to value options
Professional residential brokerage services to help Seniors right-size or relocate
I am happy to provide face to face counseling regarding home equity solutions, to family, friends, and financial advisors. Helping to achieve a better quality of life is my goal.
Outside of the office I am the Executive Director "A Special Place", a not for profit. It is committed to enriching and enhancing the lives of special needs individuals and their families through theater and social activities. I have a son with Autism and he has been my inspiration.