Thanks to FHA insurance, one of the greatest benefits of a reverse mortgage is your heirs can never owe anything to AAG, even if the value of your home was to fall dramatically. FHA insurance is there to protect you, whatever happens to the value of your home. When you sell or leave your property, the loan will be due and AAG will calculate the original loan amount plus the interest and fees you agree to. The remaining equity in your home will then go to your heirs, and they may use this money however they wish. Your heirs also have six months to decide if they want to keep your house, and we can talk them through their options to pay back your loan thorough a variety of methods. You don't have any obligation if you call us to ask any questions about reverse mortgages, so why not speak with our team and request our free educational DVD and brochure pack. It will guide you through the process and let you know about the changes a reverse mortgage can make to your life.

Disclaimer: The response above is not intended to be anything other than the educated opinion of the author. It should not be relied upon as financial advice. America Advisors Group recommends speaking directly with an AAG Reverse Mortgage Professional regarding your specific situation and needs. Please call 1 (800) 466-0572 to receive AAG's information pack with a FREE DVD and Brochure featuring Former Senator Fred Thompson.