American Advisors Group (AAG) Reviews

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About American Advisors Group (AAG)

AAG offers several types of reverse mortgages, including FHA-backed home equity conversion mortgages (HECMs) and proprietary jumbo loans. AAG’s jumbo reverse mortgages allow homeowners to access up to $4 million in equity, which is well beyond the HECM limit at the time of publishing. AAG also offers HECM for Purchase loans, a type of reverse mortgage that helps you buy another home.

Pros
  • Free online loan calculator
  • Multiple payout options
  • Access up to $4 million in equity
Cons
  • Fees can add up quickly
  • Not available in New York and Nevada

American Advisors Group (AAG) Reviews

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    Page 8 Reviews 1040 - 1240
    Verified purchase
    Customer ServiceStaffRates

    Reviewed Dec. 23, 2020

    I thought American Advisors Group was a better deal with regard to interest and the package it would take to get to a closing. I worked with Janet and she was always very forthcoming with information and helped me through a lot of things. Also, she was so efficient. She had answers for everything that I wanted to know. And if she didn't, she always got back to me. I would recommend AAG. It has been a business-like experience, which is something that I appreciate.

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    Customer ServicePunctuality & SpeedStaffBillingHonesty & Transparency

    Reviewed Dec. 22, 2020

    My husband and I started this process in July 2019. We were told then that our house did not appraise for the amount needed. We should wait a year. Our consultants name is Josh. We waited exactly one year and called again. This time the appraisal was good so we started the process again. After pulling a credit report it was decided that I would be a non borrowing spouse. My credit had went sour due to some personal family issues with my mom. We also needed to put $40,000 down to make it work. Which we have. Around August 21 the appraisal was finally done. However, they did not come in the house due to Covid 19. They did a drive by and we took pictures. Our home is very well kept up and clean.

    We also own a daycare that I operate in my basement. Only my basement. And the kids play in the backyard in a certain area. Our home is 3 stories if you count the basement. We have 2.5 baths, 4 bedrooms, kitchen, family room, dining room, garage and attic. The appraiser called and wanted to know what percentage of our home is used for daycare. It is the basement. Not over 20%. After numerous e-mails faxes of all sorts of documents. We took our CD out and moved it to the checking account that was requested of us. We did absolutely everything that was requested of us. I mean everything. They even made calls to make sure that I had paid off bills and that I was telling the truth. I did not mind because this is important to my husband and myself. Embarrassing, yes!

    We finally got the Clear to Close on or around November 2. Then in a matter of minutes our application was pulled for some quality control audit. This is where the trouble starts. Mind you we did absolutely everything that was asked of us. So the appraiser made a mistake and said we use 50% of our house for our business. No matter what we did we could not get this corrected. My husband had $300 too much in debt. We did get that handled. Then we finally think it's ok and we get the kicker! I have to put my husband on my daycare license. I have been licensed in the state of Michigan for almost 26 years. I just can't call up and say add my husband to my license. It takes months especially now. Also apparently my accountant that I have had for 30 years does my taxes wrong. All I can say if they were wrong I think I would have been audited by now.

    We have been waiting for 6 months for an answer. Again we did everything asked of us. My husband tried reaching out to Josh several times with no call back. Finally yesterday he used a different phone and he answered. Tim from the care team finally called my husband yesterday. He was rude, crude, and downright disrespectful. He told my husband they are in the business to make money and that figures don't lie. He said that it is done with algorithms.

    This Tim character blamed everything on Josh. My husband and myself do not blame Josh. He did his best I am sure. Tim, however is very condescending and basically said we are lying about how much space we use for the daycare. I wish someone would actually come here and see that we do not use the whole house. I cannot give this company any stars because it has been a very stressful, awful, time consuming effort. What is very disappointed is that we had a clear to close and we were so excited to start this new chapter in our lives.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Gloria, we deeply apologize that you didn’t have a great experience. We have forwarded your review to the AAG Cares Department to be reviewed internally. At this time, we encourage you to please give us a call at 866-948-0003 and ask for our CARES team or you may call our CARES direct line at 866-219-7753 so that we can help find a solution.

    Verified purchase
    Staff

    Reviewed Dec. 22, 2020

    There has been some delay on American Advisors Group's appraisal process but so far, so good.

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    Verified purchase
    Staff

    Reviewed Dec. 21, 2020

    I saw something online about a way to deal with some of my credit issues. I filled out the information and AAG was the first one to contact me. I heard about them before so I thought that it would be a good thing to go with. I worked with Alby and she was wonderful. She answered all the questions, she was extremely professional, courteous, helpful, and patient, because it was taking me a while to get documents back to her. She made sure that I knew exactly what's going on before we move from one step to another. She was excellent.

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    Verified purchase
    Punctuality & SpeedStaff

    Reviewed Dec. 20, 2020

    Mark's been very helpful in processing everything as quickly as possible. So far, we've had a very good experience with American Advisors Group.

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    Verified purchase
    Customer ServiceSales & MarketingPunctuality & SpeedRefunds & Payouts

    Reviewed Dec. 20, 2020

    I see AAG all the time on TV. Tom Selleck is doing the advertising and I like him. I thought I’d give them a call. Ms. ** was very easy to talk to, to find out all the things I needed to find out. She pointed out the advantages and disadvantages of a reverse mortgage. Since I don't have any children, I'd rather use that money that I have in the equity in my home and do some things I want to do. On the other hand, I have a stepdaughter who was trying to dig her claws into everything that the wife had left to me. I'm the one who bought the house and paid for it, but according to her, her mama gave the house to her, which she didn't do.

    The last time she and her husband were here together, they said, “Oh boy, we can't wait for them to die because we're gonna have us a summer place in North Carolina to go to.” I've changed my will and it would be very hard for them to come in and touch anything at this point. My stepdaughter also passed away last week, so this eliminates all of that. Anyway, from everything that I've read and experiences that other people have had with all the companies, AAG is the best one. It's a great company to work with and I trust Tom Selleck.

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    Verified purchase
    Staff

    Reviewed Dec. 19, 2020

    My experience with AAG was exceptional. Every point of contact I had with all the people within AAG was fantastic. Camille ** was extremely courteous, kind, and helpful. I enjoyed working with her very much. I also was extremely happy working with Judith **. I will definitely recommend AAG to friends and family.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

    Verified purchase
    Customer ServiceStaffBillingHonesty & Transparency

    Reviewed Dec. 19, 2020

    It was time to get a reverse mortgage to get rid of the mortgage payment, because everything goes up but our little Social Security checks. American Advisors Group was very informative with all my questions. Louis, the rep, was sincere, honest and straightforward. I like his warm way of dealing with people. He was a good guy and I was impressed with him. A lot of people aren't ready because of fear but if they are, they should call Louis first.

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    Verified purchase
    Customer ServiceStaff

    Reviewed Dec. 19, 2020

    I needed the money. I had very nice people to assert possibilities and things to get my life where I felt comfortably safe with some things that I wanna do. And AAG was very nice and responsive. However, I don't understand this COVID mess. And it gets out of order with me because you have to divulge too much information over the phone. And I'm not one of those kinds of people. It's very confusing an issue where you have to go back and forth over the phone with people, conversing about your personal status. But so far, so good.

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    Verified purchase
    CoverageStaff

    Reviewed Dec. 18, 2020

    The process with AAG went great. The application to underwriting took about 45 minutes and Mark was excellent with me and helped me out quite a bit.

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    Verified purchase
    StaffTransparency

    Reviewed Dec. 18, 2020

    AAG was very thorough in their explanation about the reverse mortgage and I was allowed to ask questions. The young man I dealt with answered everything I had.

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    Verified purchase
    Maintenance

    Reviewed Dec. 18, 2020

    I bought the house and it seemed like everything went wrong, like the furnace that’s in the basement. Then I had to fix the driveway. Little by little, it took my savings down so I looked into a reverse mortgage. AAG was very nice, especially that one little guy. I'm very happy with the way they've done me.

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    Verified purchase
    Customer ServicePunctuality & Speed

    Reviewed Dec. 17, 2020

    I went online and looked for what we considered the best. I looked at the AAG reviews and they seemed to be a good company. When I sent in the original question to them through email, they called 10 minutes later. Since then, they've been pretty good with the process as far as recommending people to do the counseling. We've gotten as far as notarizing the application because they sent somebody in the house to do it. When I'm out of my mom's house once a week, we do things, so they've been working with my schedule very well. So far, everything's gone very smoothly.

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    Verified purchase
    Customer ServiceTech

    Reviewed Dec. 17, 2020

    Scott was the first one that we talked to and he went through everything that they do. He was so easy to talk to and he didn't hesitate about telling us anything. Any questions we had, he was very available to answer. There were a lot of calls back and forth when he would investigate and make sure that they had the right answers. It seemed to all fit. We had thought that we would talk to two or three different ones. But as we talked to Scott, he was very straightforward and seemed to know what he was talking about, and gave us a lot of information, we decided that there wasn't any reason to talk to other providers.

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    Verified purchase
    Staff

    Reviewed Dec. 16, 2020

    Adrian ** has been very helpful and informative. He is a joy to work with. I will recommend Adrian to everyone I know that is considering a reverse mortgage with AAG. AAG is very concerned that my retirement is wonderful time of life!

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

    Verified purchase
    Customer ServicePunctuality & SpeedStaffLoan Process

    Reviewed Dec. 16, 2020

    I looked at about eight or nine companies. I liked the customer feedback for American Advisors Group. They asked me a bunch of questions. Janice was my loan rep and she was fairly cordial. I was in depth into my situation and my ideas of my financial future. It was extensive. I was impressed by Janice's overall knowledge and willingness to help get the process started. I call when I have concerns and I can get it either answered then or they'll call me back and try to assist me.

    I feel quite comfortable working with AAG. But the time is just not quite right right now. I'm still waiting on one other detail in my life to get taken care of. Since I work, I have certain times off and I have to be careful about what I do. I don't want someone coming over. I'm just waiting on that then I can make a decision and proceed from there. I had to postpone my appointment and from AAG’s part, if you have a notary assigned to come to someone's home and the appointment gets cancelled, the prospective customer does not know who this is. AAG needs to be able to cancel or reschedule that.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for the constructive feedback. We will look into this to further improve the quality of our service.

    Verified purchase
    Staff

    Reviewed Dec. 16, 2020

    My husband and I decided on getting a reverse mortgage as our retirement plan. Somebody had recommended American Advisors Group. The gentleman, Christian, was very nice and on top of everything. If I have any questions, he's been able to answer them all. He kept me informed about everything that’s been going on. I had somebody who's already in the mortgage department that helped me to make the right decisions on everything.

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    Verified purchase
    Customer ServicePricePunctuality & SpeedMaintenanceStaffBillingLoan ProcessRates

    Reviewed Dec. 16, 2020

    When I first moved down here, I was in the hospital so many times for heart issues and I went through my savings like crazy. Then seeing doctors after doctors, I ended up using credit cards quite a bit. Now, the house needed some repairs. I'd taken out a home equity loan through my bank. But no sooner I had taken that out, I ended back up in the hospital. I knew by doing what I was doing, I was constantly in debt all the time. I didn't know which way to go. When the young guy came to my house, he told me that I got a nice home and I only got minor things that needed to be fixed. He said that I'd better go through a reverse mortgage. People would say they’d take my home and it was not like that. He gave me the phone number and I called.

    It took me a while to get it. At first, I was all for it. But I was listening to many people saying to go with the equity loan because I would not be getting much with a reverse mortgage. I had to apologize to my loan officer Andrea because she was trying everything that she could to explain to me and let me know to hold on. I was concerned about how much I was getting at first. Then I was nervous that I won't be able to pay off the credit card because during this time, I had my carport checked into and there was a problem with it. I didn't know how much money that was going to cost. I started questioning why I should get this equity loan and I talked to somebody.

    But then Andrea called me back and told me that the appraiser went through and this would be more than I would be getting from the equity loan if I took it. Plus, I would have all this interest and all this other stuff going through. First of all, it gets me out of debt. I can stay in my home, and with the repairs, it will be great. Also, I don't want to move anymore. She took the time to reassure me and that was something that I valued right from the very beginning. She was still there for me and that was one thing I liked about it. I felt comfortable with her. This would be the best thing for me and I decided to go through with it.

    American Advisors Group was really great and I couldn't believe how fast everything went. There was no beating around the bush type of thing. When I was working with my equity loan, since I've taken off two loans from them since I've been here, sometimes they'll say one thing, and then the next thing, it was something totally different. I didn't see that when I dealt with Andrea. There was a number that was on one of the papers that she sent to me, and I didn't understand it. When I called her, she told me which paper to look at and explained everything to me. That is somebody that cares.

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    Verified purchase
    Customer ServiceCoveragePunctuality & SpeedStaffLoan Process

    Reviewed Dec. 15, 2020

    The American Advisors Group was very professional. Working with them was kind of slow. But it's the time of year while the events are going. My loan officer, Ray, was great. Sometimes, I was hard of hearing. He was patient and he explained everything really well. The only thing I was confused about was the amount of money the other mortgage company was holding for my insurance and taxes, and I still haven't found out about that yet. Then they haven't informed me very much lately. I called them three or four weeks ago and they have returned my call twice since then. It's just a matter of time. But I get concerned about how soon they're gonna let me know what's going on. Overall, people should call them and see what they can do to help.

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    Verified purchase
    Customer ServicePriceStaffRates

    Reviewed Dec. 15, 2020

    We got a second opinion and quote from AAG. We googled it and it said they were the number one group so we called them. We got a guy, Jose, who was very helpful. He explained everything what it was and how it worked, and how it would be beneficial. He told us everything we wanted to know or had any doubts about. In fact, he told us some stuff that we didn't even know about. We got along with him really well. He was a nice person, he seemed to want to work with us, and he seemed interested in what the situation was. My wife wanted to do it and I didn't want to. But then I'm 84 years old and I ain't gonna live much longer, so it's not going to make much difference to me.

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    Verified purchase
    Customer ServiceStaffLoan Process

    Reviewed Dec. 14, 2020

    American Advisors Group told me the pros and cons and the pluses and minuses of the reverse mortgage. It was really helpful in making up my mind. Robert, the loan officer, was nice. He went into detail with a lot of things and called me back to follow up several times. I was very comfortable with the process.

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    Verified purchase
    Customer ServicePunctuality & SpeedStaffLoan Process

    Reviewed Dec. 14, 2020

    The gentleman came here and he was super nice and very informative. We're about a month in the process and we're waiting for the appraisal. I called Karen to find out what's going on 'cause I haven't spoken to her and it's been a week or more. She didn't give me information on when the appraisal is going to be scheduled. She said the appraiser might come in and now she's saying the appraiser is not going to come in because of covid. I don't mind them not coming in. We have almost $100,000 in upgrades and he or she won't know that by driving by. I'm very unhappy with what's going on.

    She was fine up until today. She was real snippy and I didn't like it. If that's the attitude I'm gonna get, AAG can give me another loan officer. I've given her everything that she's asked for as soon as I could. Now she told me about pictures. She said, "I told you to get pictures." She never asked me about pictures for the appraisal. If she had told me about it, we would have done that. We're also supposed to receive a packet but we've never received one. I'm not going to proceed until I get it.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Lynette, we apologize that you didn’t have a great experience. We encourage you to please give us a call at 866-948-0003 and ask for our CARES team or you may call our CARES direct line at 866-219-7753 so that we can help find a solution.

    Verified purchase
    StaffBillingRates

    Reviewed Dec. 13, 2020

    My husband passed away and I'm the only one getting an income. I haven't tried to go back to work yet and my funds are getting lower and lower. It kind of scares me. I'm trying to look after myself and make sure that I can pay everything. I want to pay on the reverse mortgage too. I want to get some things under control and be able to manage better.

    American Advisors Group is pretty good and they helped me in every way they can. Joseph was my rep and he was really good. I just refinanced last February and even though I got my payment down, it's still gonna be hard on me to pay with all my medical stuff and this and that. I hate that 8,000 was tacked on. But the interest is lower. I was paying 4.5 and now it's 3.6 and such. I think my payments would be lower too. I'd like to pay things down more and more.

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    Verified purchase
    Staff

    Reviewed Dec. 13, 2020

    I’m getting closer to retirement and I thought it'd be a good idea to look into reverse mortgages. AAG gave me the information that I needed. I didn't know how it worked and they told me how it works. It took a while to answer the questions that I wanted to answer but they answered everything I needed to know. Also, the rep I dealt with was really helpful and I felt very comfortable working with her.

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    Verified purchase
    Staff

    Reviewed Dec. 13, 2020

    I thought I would get 80% of the value of my home but the rep didn't offer that. They appraised my home at 189,000 and they would give me about 66,000 so I decided not to take it.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Christy, we deeply apologize that you didn’t have a great experience. We encourage you to please give us a call at 866-948-0003 and ask for our CARES team or you may call our CARES direct line at 866-219-7753 so that we can help find a solution.

    Verified purchase
    Customer ServicePunctuality & SpeedStaff

    Reviewed Dec. 12, 2020

    I called AAG and I got Joseph. We've been dealing with him and I've been real happy with him. He's been a good guy. We've been communicating by email and it's been working out. These processes take time and so far, it’s been excellent. Joseph initially said to not expect anything till the first of the year and we're right on schedule. I'm very satisfied with the way things are going.

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    Verified purchase
    Staff

    Reviewed Dec. 12, 2020

    AAG helped me get everything taken care of. They answered everything I asked them.

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    Customer ServicePriceRefunds & PayoutsStaffRates

    Reviewed Dec. 12, 2020

    I'm in a position where I'm asset rich and cash poor. I’ve been in the stock market all my life, and we’ve had rentals besides my regular job. We were doing fine, and then my wife had to have full-time care where we cut it to half time care. That was about another $85,000 of cash going out a year. So I had taken some money out of the stock market to pay for that. But we got two houses that would be worth a lot of money. One of them, we got rented and then the other house, we couldn't visit anyway. I looked at a regular mortgage to get money out of it but I didn’t like that idea. So, I pursued the reverse mortgage. That looked ideal to me because I could stop taking money out of the stock market and use it up so my interest in this would be in the house. Also, if I stopped taking up this money out of the stock market, I could make as much money there because it would allow more space in the end for the original mortgage.

    I searched the internet and got into a HUD government stuff. They had a list of approved people and AAG happened to be at the top of the list. They seemed to be large so I just went on with them. The person I deal with there grew up about six houses away from me in this neighborhood. So, that gave me more confidence, ‘cause he knew all the neighbors. He also seemed very good at everything he did and said and he came through with everything. He has been excellent in performing and answering questions and so on. Overall, AAG is very good. The information that they provided seemed excellent. We’re nearly closed. All the information is in and I expect it to be closed in another week or two.

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    Verified purchase
    Staff

    Reviewed Dec. 11, 2020

    I have been dealing with Vincent ** who works remote in L.I.. He has been very helpful and patient in getting on board with the reverse mortgage. He helped me with the concept and the details & he had led me step by step through the process. I am at the Notary step and then the house appraisal step and I'm done, thanks to Vince. I have been very happy with him working with me and explaining things. You need to keep him on your side.

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    StaffLoan Process

    Reviewed Dec. 11, 2020

    AAG has been perfect for me, so far. I got a thing in the mail about reverse mortgages from them about eight months ago and I just put it away. I thought about it and I even talked to my banker son about it. He thought it was a good move. Then I started the process going. The people have really been good to me. Miss Joyce, our loan officer, and everybody have been excellent. They made everything really straightforward and made me understand how everything would be going on. They're supposed to come and do the application tomorrow. I like it and I'll tell my friends and family to go for it.

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    Verified purchase
    Customer ServiceStaffRates

    Reviewed Dec. 11, 2020

    The process has been really good. The rep was very personable and took personal interest in our situation. He was a pleasure to work with. There had been a few periods where some time passed and nothing happened but a phone call to touch base would have been good.

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    Customer ServiceCoverageTechStaff

    Reviewed Dec. 11, 2020

    AAG is doing an awesome job. When they say they're gonna call, they call. We got a little bit of trouble with the paperwork and they fixed that. So everything is going really well. A lot of people are totally misunderstanding what a reverse mortgage is. They think somebody is gonna take their house away from them so a lot of people are afraid of it. But these people from AAG cover that very clearly and another person calls on the phone and goes through it all and make sure you understand it. It's very thorough.

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    Verified purchase
    Staff

    Reviewed Dec. 10, 2020

    We were very pleased with Bonnie. She was knowledgeable, readily available, efficient, and very responsive to our questions and issues. It was a pleasure to work with her. Based on consultation with our financial advisor we decided not to re-finance our reverse mortgage with another reverse mortgage. Bonnie was very professional in handling our decision. I'd recommend her to anyone desiring to pursue a reverse mortgage.

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    StaffLoan Process

    Reviewed Dec. 10, 2020

    We needed a new roof very badly on this house and my transmission went out in my car. One thing after another started happening so we looked into getting a reverse mortgage. The loan officer from AAG is great. Everything he said was wonderful and it made sense. The service is awesome and it's a lot easier than I've thought. I should be getting an application by next Friday.

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    Verified purchase
    Staff

    Reviewed Dec. 10, 2020

    My rep was upfront with everything and really informative. Any question I asked him, he answered it and explained it real good so I could understand it. It’s been good with AAG. They told me everything that was involved and how it worked. They kind of drove by the other day and did an appraisal on the house. I won’t get the appraisal back until about the end of next week.

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    Customer ServiceStaff

    Reviewed Dec. 10, 2020

    I was working with a guy here with Mutual of Omaha and he was here local in my town. He didn't give me all the options. After I took the class, I realized what he had done and so I started to research as far as who was the best and it was AAG and so I decided to give them a call and lucky enough to get George. George, who I'm working with, is a great guy. We've friends throughout the whole thing. He was very helpful even after the class, which I really learned a lot. Any question I've had, George has responded and he calls me about every couple of nights, just checking in. I have nothing but a great experience so far with AAG. They're number one in the country with reverse mortgages and they are very reliable.

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    Punctuality & Speed

    Reviewed Dec. 9, 2020

    The initial contact was good. However after I paid $125 for a “counseling session” there was an appointment made to sign papers. The person never showed up and there has been no further contact. Very disappointing.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Pamela, we deeply apologize that you didn’t have a great experience. We encourage you to please give us a call at 866-948-0003 and ask for our CARES team or you may call our CARES direct line at 866-219-7753 so that we can help find a solution.

    Verified purchase
    Staff

    Reviewed Dec. 9, 2020

    Jennifer was extremely helpful. She told me how to get the information necessary to complete my paperwork and even will attempt to make some of it completely unnecessary. I’d be happy to communicate with her for any more information.

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    PricePunctuality & SpeedStaff

    Reviewed Dec. 9, 2020

    AAG is very good. The first person that I dealt with last year was just a trainee and he didn't know a lot of stuff. He approved me for a reverse mortgage before he got the appraisal which didn't make sense. I didn't know much about reverse mortgages because I thought it was not very good for me. I found out the person approved me and then later denied me. That was why it didn't go through. This time, the person that I spoke with was Christina. She knows her stuff and she's very efficient. I also deal with women better than I do with men. So I gave it another try. She's a very good person to deal with. I was surprised that she was able to do a lot of stuff for me. I didn't know how much my house was worth at that time. So I was surprised that it went up quite a bit. She went step-by-step of what kind of paperwork I needed or whatever the information I could get. I really appreciate her very much. She's a good employee.

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    Customer ServiceStaff

    Reviewed Dec. 9, 2020

    When I was thinking about doing a reverse mortgage, AAG seemed to have a pretty good rep so I went that way. AAG has been very clear and concise. Michael, the counselor, has been in constant communication with me, making sure I understand what needs to be done and how it works. When he sent the paperwork out, he went over the paperwork with me and explained it. Then when I did the call to where I'd have to have some consultation, when they went over it, it was exactly what Michael and I had talked about. With the paperwork man, he helped me understand it when I went to that call. They’re helpful in doing things. I would recommend AAG especially if every counselor would be like Michael.

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    Staff

    Reviewed Dec. 9, 2020

    So far, it’s good with AAG. My rep listens and explains stuff. He seems really nice and gives you answers.

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    Customer ServiceStaff

    Reviewed Dec. 8, 2020

    A reverse mortgage was something that I was thinking about and I went to see what AAG was offering. I called them to ask how it worked. The rep spoke right and he explained everything to me. He also called me on a Friday but I was in the doctor's office, so I told him that I couldn't talk. But at the beginning of the week, I called and canceled this interview over the phone and he never called me back. The rep sent me a booklet on it and there were a lot of fees. The fees were very high for me so I canceled. My niece, who's an accountant, also said that it was too high. So I went through another company where I could get some help.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for the constructive feedback. We will look into this to further improve the quality of our service.

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    Punctuality & Speed

    Reviewed Dec. 8, 2020

    I wanted to do some home improvements and a reverse mortgage was one way to get some money to do that. It was terrific dealing with AAG. They answered all the questions, got me to the right people that asked me questions and interviewed me, and went through the whole procedure. Everything was really smooth. Everything has been signed and we're just waiting for things to happen.

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    Punctuality & SpeedStaff

    Reviewed Dec. 8, 2020

    I had somebody that I knew and she had a friend who had gone through a reverse mortgage. She was extremely happy and got to do things with the rest of her life that she wouldn't have done if she hadn't gone through it. I went with AAG and we had a very competent representative working with me. She was patient and very pleasant. It was a joy to talk with her. She made sure that I was comfortable with what she was saying and all the paperwork that I was completing. She went the extra mile to do the research and come back with a solid answer. However, AAG could not provide for me what I wanted to finish or do things I wanted to do. There would be a long-term procedure. Unfortunately, I wanted to get it done now. I didn't want to wait the extension.

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    Customer ServiceStaff

    Reviewed Dec. 7, 2020

    I was given a list of numbers to call and AAG's guy responded. He was very pleasant. He explained the process and what to look forward to. He went over everything real good with me. He was very succinct and understanding, making sure this old woman understood exactly what was going on and what to expect. We still got a couple of more steps to go before everything is final but Brandy has been really nice and calling me to let me know what's going on, what to expect, and who's supposed to show up.

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    Customer ServicePunctuality & SpeedStaff

    Reviewed Dec. 7, 2020

    A friend of mine had gone through AAG to get a reverse mortgage and he told me how much it was the best thing he ever did. I had been running real tight on money. My property taxes and everything went up and my Social Security doesn’t go up so I gotta do something to survive. It seems to be working out real good with AAG. The rep I work with answers all my questions whenever I have something to ask him. Or if they had to find an answer through somebody else, they always call me right back. I talked to the guy on the phone there a couple of days ago and he said everything is going along real good. They just gotta wait for the appraiser to come out. I'm hoping it's going to help me as much as it helped my friends.

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    CoverageStaffLoan Process

    Reviewed Dec. 7, 2020

    Over four years ago, I tried doing a reverse mortgage on another house but it didn't work out. So I ended up selling the place and moved here. Then I just decided to get hold of something completely different this time. I bought the place as-is and all my money went into fixing this joint. So everything I got, I own, the truck, the house, the motorcycle and the land. But living on Social Security from month-to-month is not quite enough.

    The AAG loan officer is out in California. The only thing that really concerned me was that I didn't know where this loan was from local or from California. All of my information has got to get to him out there. I gotta give him everything, my entire life, driver's license, Social Security card, insurance that I got on the house and my bank account. But then he said that everything was secured as Fort Knox, all licensed and bonded. Other than that, everything has been fine.

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    StaffRates

    Reviewed Dec. 7, 2020

    We checked into AAG and it was rated at the top so we went with them. Lauren has been the one we've talked to the whole time. She went step by step and explained everything. She was very helpful and personable. They did a great job and met our needs but one thing we didn't know is that you cannot access the full value of your home, only a portion of it.

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    Customer ServiceRefunds & Payouts

    Reviewed Dec. 6, 2020

    I needed that extra cushion to have some money for things so I decided that a reverse mortgage was a good way to go because my mortgage was paid up. Christopher of AAG is very good but I need him to call me to tell me where everything’s at.

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    Staff

    Reviewed Dec. 6, 2020

    The rep I worked with was great and he handled everything quite well. I felt very comfortable working with him.

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    Contract & TermsPriceRefunds & PayoutsLoan ProcessRates

    Reviewed Dec. 6, 2020

    Eric, the person I worked with from AAG, was a nice guy. I had to pay 125 for that counseling. I thought it was a waste of money. But after hearing the counselor’s story about how these reverse mortgages worked, it was the best $125 I ever spent. I’ve been silly to do a reverse mortgage. It would have cost me thousands of dollars than it would have cost me to get the reverse mortgage. It isn't as good as it sounds on TV or radio. There are so many hidden cost.The money you’d get for your house is definitely gonna pay back when your home sells but there's interest incurring on that money while you're enjoying spending the money. So, when it comes down to it, all the interest and all that money, you may not even have a house left by the time that you die. The counselor told me it’s 100 times better to just go get a low home mortgage loan. I learned what a reverse mortgage was and I wouldn't recommend it to anybody.

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    Customer ServicePunctuality & SpeedStaffLoan Process

    Reviewed Dec. 6, 2020

    Our business has been shut down because of Covid. We didn't want to lose our home so we decided to go with a reverse mortgage. We're both in our 70s, so this is the home that is comfortable for us and we want to stay in. We're still in the process. But we're going to do it because it'll give us the comfort of knowing that no matter what happens with our company, we still have our home. AAG has been very good. They get back to you pretty much when they tell you. They were late a couple of times on getting back to me but the rest of it has been fine. They sent us to credit counseling, which we did, and that all went fine. We haven't closed yet. But with COVID, everything is taking longer and I understand that.

    The loan officer is very good and very knowledgeable. He explains everything well. They don’t push this on you. They want to make sure that you understand everything before you sign. We’ve been going through different steps. Now, we’re at the step where they’re doing the appraisal. That’s gonna determine whether we do it or not because if the house doesn’t appraise enough, then I don’t want to lose all the equity that I have in the house. Right now, we owe a little over 100,000 and the value of our home should be around 350. So unless they give us something close to that, we won’t do it.

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    Customer ServicePunctuality & SpeedStaffLoan Process

    Reviewed Dec. 5, 2020

    I just started with American Advisors Group and went ahead with the flow. I had to go through that level course there where they ask you all the questions, talk to you about everything, and make sure you understand what the reverse mortgage is. After I did that, I pretty much understood everything. Everything seemed to work out okay. All my questions were answered by them. The loan officer seems to be a nice guy, and he was helpful. The loan’s not approved yet and it’s not what you would call a speedy process, but everything seems to be going fine.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

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    StaffLoan Process

    Reviewed Dec. 5, 2020

    I’m 78 and I would like to have a little extra money. I thought a reverse mortgage would be an easy way to do it. The AAG rep I talked to explained everything. It was very thorough and I appreciated what he gave me for information. He didn't lead me on or try to give me any information just to make me take the loan. Unfortunately, I can't do it because my husband is much younger than me. They were not going to allow him to stay here after I die. Or if they did, I would get very little money. But it was a good experience and I'm glad I found out all about it.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

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    Customer ServiceStaff

    Reviewed Dec. 5, 2020

    Mr. William talked to me several times and he was very understanding about my situation. He encouraged me and helped me understand some of the expectations of me and I could help my family and myself with the money. There's nothing they've not done that I have asked for. The notary is coming tomorrow and he's going to look at my house. I had to put off a couple of visits and they've rescheduled for me and were not impatient. When I had twisted my ankle and I didn’t take any kind of phone numbers or anything, they did not chastise me for anything. I’m really pleased that I reached out for this kind of help. I’ve never done anything like this before and I was so afraid of rejection. But it's been good so far.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

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    Customer ServiceStaff

    Reviewed Dec. 5, 2020

    I was thinking about a reverse mortgage so I called AAG to get information. Their rep was very nice and helpful and explained what I needed to know. I was very comfortable dealing with them. The guidance I received was perfect and anything I asked them, they answered me to my satisfaction.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

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    StaffLoan Process

    Reviewed Dec. 4, 2020

    I was looking at the possibilities of doing some remodeling for my home. I looked at AAG and the gentleman I worked with was very nice and informative. I had a very good presentation from them. But it turned out that it was best for me to just take out a loan for what I needed. It was a good experience with AAG, it just wasn’t my best option.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

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    Customer ServicePunctuality & SpeedStaffLoan Process

    Reviewed Dec. 4, 2020

    I would like to better my situation with my mortgage. My loan officer from American Advisors Group was fine. An appraiser came on December 1st. I'm in Cleveland, Ohio, and there was a huge snowstorm. So, I have no clue how he could do any kind of an appraisal with a foot and a half of snow on the ground, and I'm waiting to hear or see the appraisal. I don't know why I haven't heard from anyone, but I'm not very dissatisfied as yet.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected. If you have any questions or concerns during this process, we encourage you to please give us a call at 866-948-0003 and ask for our CARES team or you may call our CARES direct line at 866-219-7753 so that we can help find a solution.

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    Staff

    Reviewed Dec. 4, 2020

    I've been working with Daniel. We had a very good hour-long conversation with him and he's very good. He has done his job and that is a lot. Also, he’s been very good at his job and he's very personable and thorough. The process is still ongoing and we've been in constant contact.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

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    Refunds & PayoutsStaff

    Reviewed Dec. 4, 2020

    AAG did everything that I needed them to do. I wanted to see if they could help me pay my property taxes and get my gas line fixed. Their rep did good. I’ll tell my friends and family to try AAG.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

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    Customer ServiceStaff

    Reviewed Dec. 3, 2020

    The reverse mortgage is part of my recovering from Hurricane Michael plan. We've been working on this for two months now. So far, I haven't seen any money out with it or any action as far as reversing my mortgage. But AAG has come out and I've talked to somebody over the phone for a counseling session. They did some evaluation of the house and last time I talked to the advisor at AAG, they told me that they have to have a drive-by type inspection of the house now. I haven't heard anything since then and that’s been a couple of weeks. Also, they are hard to get to. Every time I call them, all I can do is leave a message to call me.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    We encourage you to please give us a call at 866-948-0003 and ask for our CARES team or you may call our CARES direct line at 866-219-7753 so that we can help find a solution.

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    Punctuality & SpeedStaff

    Reviewed Dec. 3, 2020

    American Advisors Group worked pretty quickly. They’ve answered any questions I needed and they got a notary out here where I couldn’t get into one. But there is room for improvement.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected. We encourage you to please give us a call at 866-948-0003 and ask for our CARES team or you may call our CARES direct line at 866-219-7753 so that we can help find a solution.

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    Customer ServicePricePunctuality & SpeedStaff

    Reviewed Dec. 3, 2020

    I got quotes from AAG and another reverse mortgage company. AAG won out on what they offered and their bid was more financially advantageous for me. Also, they were more prompt in getting back to me on things. Things have been proceeding nicely. The rep we work with, Janice, made sure we understood what reverse mortgage was. Somehow, there was one area where they collected that we were going to choose our own closing company. We didn't want that and she got back to the guy very quickly as soon as I emailed her and said I think that this is wrong. She's been very responsive.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

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    Customer ServicePunctuality & SpeedStaffBillingLoan Process

    Reviewed Dec. 3, 2020

    My payments keep going up every year and if they kept going up, I wouldn't be able to make them because I'm on a very small income. I would have no way of raising my income. I've done everything that American Advisors Group asked me to do. I got lots of papers to read and questions to answer, and I got to sign papers to send back. I haven't heard anything to what they've decided to do. So, I'm still waiting. It's kind of hard doing things so long distance, but it was something I have to try to do. It would be good if I'm able to get the reversible loan. I would certainly let people know about AAG.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

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    Staff

    Reviewed Dec. 2, 2020

    I’m getting old and my savings are dropping. I need repairs on my house and some trees need to be cut down. American Advisors Group was great. The guy I worked with kept in touch with me. His knowledge and his friendliness were impressive. AAG works with you and keeps you informed of what's happening.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

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    Customer ServiceStaff

    Reviewed Dec. 2, 2020

    I was in contact with another company but they were kinda iffy. I didn't like how they were going about it. The guy acted like he didn't want me to ask any questions. AAG was the next on the list and my rep went over everything right down the line real well. I could ask him questions and he answered them. He seemed very personable. He called my cell phone and if I didn't answer, he always left a message for what he needed or what I needed to do. So far, it's been really good. However, the process is not finished yet. The last step that's been taken was an appraiser came. He said all they had to do was take a picture. He did say that that was going to be last Tuesday but I don't know if they did come or not.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected. If you have any questions or concerns during this process, we encourage you to please give us a call at 866-948-0003 and ask for our CARES team or you may call our CARES direct line at 866-219-7753 so that we can help find a solution.

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    Staff

    Reviewed Dec. 2, 2020

    We were gonna sell our home and the Realtor told us we had to be out by a certain day. We thought we had more time but we didn’t and we were in a rush. We took our stuff to storage and we spent quite a bit of money going down and back. We thought we'd have enough and we wouldn't have to have a mortgage. But then, the closing date was put off and then the buyer said he was gonna look somewhere else. We had to get all our stuff out of the building and bring it back up here. We spent a lot of money on that and we decided that we wouldn't sell. We were over our budget and we hardly have anything left for food or anything. A friend of ours had a reverse mortgage and she told us to try it because that helped them. AAG reps were very informative and answered all the questions we had.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

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    Customer Service

    Reviewed Dec. 1, 2020

    My salary had been reduced in retirement. I did AAG and they've been very good. But I haven't been very good about following up on and getting things completed. It's a tedious process.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

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    Customer ServiceStaffCommunication

    Reviewed Dec. 1, 2020

    My friend's father had some experience with AAG and he told me that they treated him well. I decided to give them a call and my rep was very knowledgeable. He's kept me in the loop well and made sure I understood things. He called to make sure things were going right. He kept me notified of what was going on and how things were going. I asked him how things would work. I wanted to make sure that I could stay here as long as I was physically and mentally well. He told me all the requirement for that which was not a problem. They were things I’d plan on doing anyway. He has been very upfront with me about everything. If I have any other questions, I can call him right up and he'll go over things with me and answer all my questions.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

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    StaffBilling

    Reviewed Dec. 1, 2020

    My wife just passed away and I got a lot of doctor bills and stuff like that that I need to take care of. I’m on Social Security and a reverse mortgage was the only way I can see doing it. The reps I worked with at AAG were very, very nice. One rep explained everything that she was doing, what we were doing, and what I was signing. I was pretty happy with it. I’ve never done it before and I felt very satisfied and very complete with the process.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Edward, thank you for taking the time to leave us a review. We are happy to hear we could make your retirement that much more enjoyable. If you have any questions or concerns at any time, we encourage you to please give us a call at 866-948-0003 and ask for our CARES team or you may call our CARES direct line at 866-219-7753 so that we can help find a solution.

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    StaffBillingLoan Process

    Reviewed Nov. 30, 2020

    I'm old and I don't want to make the house payment anymore so I've chosen to go with a reverse mortgage. I worked with Christine, my loan officer from AAG. She's awesome and I love her. To get a reverse mortgage, you have to take a counseling class, and then you send the certificate to the loan officer. I just finished my counseling session. They've explained what a reverse mortgage is, and what to ask her, and to say that I want something waived. As soon as I get Christine this certificate, then we go from there to finish it up. I need an appraisal and I need a couple of other things that she needs some other information for me. My loan officer is awesome and absolutely wonderful. She has been very forthcoming in everything that I needed to know. I've heard a lot of good things about AAG and that's why I've chosen it.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

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    Punctuality & SpeedStaff

    Reviewed Nov. 30, 2020

    I'd talked to my rep a million times and she had been wonderful. She explained this whole thing. Then I talked to another person. They went over everything and told me exactly how much I could apply for and how much I would get for my equity. Right now, I'm waiting on a notary that’s coming out supposed to be at 3 o'clock today to notarize some forms that I need to send in like my Social Security card and driver's license. When that’s done, I hope they’ll confirm that I can be able to get it. I am so excited over this. It's been an excellent experience and I'm very satisfied with AAG.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

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    Punctuality & Speed

    Reviewed Nov. 30, 2020

    It’s been good with AAG. They take their time and tell you what you need to know. We worked with Roxanne and she was very compassionate.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

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    Staff

    Reviewed Nov. 29, 2020

    For what little I needed, I thought that a reverse mortgage was probably the best way to go. Monthly-wise, I could pay you what I wanted to. So far, my experience with AAG has been good. They answered a lot of questions. Trevor has been very knowledgeable. He helped me out quite a bit and I'm very pleased with what he told me. Robin went over the details and explained it to me. They were both real good.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

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    Customer ServicePunctuality & SpeedStaff

    Reviewed Nov. 29, 2020

    I did some research online and I like what I read about AAG. Their rep contacted me and he answered all my questions. He knew what he's talking about and he had a sense of humor. Every time I called, he responded. It was quicker to call him, emails take a day or two to get back to me. But he was easy and great to work with. I wish I got more feedback from anybody - what's going on and where we're at now. Last time I talked to him, we're still waiting on the appraisal but he felt optimistic we'll get done by Christmas so I feel good about that.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for taking the time to share your experience with us!

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    StaffLoan Process

    Reviewed Nov. 29, 2020

    My experience has been far better than what Tom Selleck says it is. They explained everything far more than I really needed to know. But they did a very good job with that. Their loan officer is extremely sharp. She knows what she’s doing, and she’s very financially oriented. She's very thorough about everything. I'll tell everybody what a great company AAG appears to be, how thorough they are, and how friendly they are. Also, they're easy to get ahold of.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for taking the time to share your experience with us!

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    Customer ServiceStaffLoan Process

    Reviewed Nov. 28, 2020

    AAG explained the reverse mortgage to me and then I did the counseling. Unfortunately, the counseling raised more questions than it answered so I've kind of put AAG on hold for now. The loan officer I worked with was a bit of a go-getter but she was a real nice lady and she just wanted to help me. She told me to call her anytime and she has called me a couple of times. I've asked questions and she answered them. After the counseling, I kind of told her it raised more questions than it answered and she backed right off. Also, she's 400 or 500 miles away from me and that makes me a little uncomfortable. I would prefer to have a loan officer within 20 miles of me. Other than that, so far, it’s been a great process.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for the constructive feedback. We will look into this to further improve the quality of our service.

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    Customer ServicePunctuality & SpeedStaffLoan Process

    Reviewed Nov. 28, 2020

    I'm working with AAG and it has been really great. They sent me a mail and I called for information and they were really cordial and friendly, so I just followed up. The loan officer is a nice young man and he lives in California. He has been right on top of things. We got moving pretty quick and they gave me good guidance on my options. He was friendly and willing to talk a little bit as we go along. I’m satisfied and I recommend them.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

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    Customer ServicePunctuality & SpeedStaffBillingLoan ProcessRates

    Reviewed Nov. 28, 2020

    I went with AAG as I liked the fact that I wouldn't have to be making payments from my income. They’d been quick with everything and I got a lot of one-on-one contact with the guy who helped me get started with the loan. That was nice. So far, everything's wonderful. I've had every question answered sufficiently and the ones that I didn't ask answered. They've been going way over the call to provide me with expository information on how it works and interest rates and how they work. I am left with no questions except, “Am I approved?”

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

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    Customer ServiceStaffHonesty & Transparency

    Reviewed Nov. 27, 2020

    I don’t have anybody else to give the house to and I want it to come to some good. I did a reverse mortgage and Erin with AAG did a lot of explaining over the telephone. She was very friendly, honest, cooperative, and easy to talk to. I had a very good, very honest and forthright experience.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

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    PriceRefunds & PayoutsRates

    Reviewed Nov. 27, 2020

    I have a reverse mortgage and I'm really unhappy with it. The interest rate was extremely high. I was interested in getting a little money out of this thing. I have a couple of things I needed to pay. I decided to go ahead with AAG. They gave me a lot of insights. But I said that my house was worth 280,000 and they didn't even bother to come up to my house to look at what I have. They got me to sign everything and go through everything except the estimate. I thought I was gonna get it at 280 but the estimate came in at 245, which is way too low for this area. And I couldn't argue with that. I had to pay for it. They should have backed me up better with the estimator because that's a lot of money down the drain that I could have had in my line of credit. I was a little upset with that.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Lanurva, we deeply apologize that you didn’t have a great experience. We encourage you to please give us a call at 866-948-0003 and ask for our CARES team or you may call our CARES direct line at 866-219-7753 so that we can help find a solution.

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    Customer ServicePunctuality & SpeedStaffLoan Process

    Reviewed Nov. 14, 2020

    My experience with AAG has been fine. The problem is with another company, Factual Data, which is used by AAG when they are trying to verify things. I was on hold for two hours on Tuesday while Factual Data was trying to set up a conference call with my credit union to give the latter permission to tell them what to pay off for my home equity loan. At two hours, I was cut off. This morning, I tried again, another two hours. Finally, the lady whom I was working with said that we were not gonna get through to the credit union that day and it could be another two hours wait. I went down to my bank and they said that they didn't know what the matter was. They said their central office and real estate department was fully staffed.

    If AAG has to use Factual Data, they ought to use another company. They don't have enough people answering the phone and they're not very efficient. I had a suspicion that they were using the wrong number when they were trying to call my credit union. The branch manager whom I spoke to, Kyle, was on hold for 40 minutes. He said that if he ran his office like that, he would be out of business. Regardless, the people at AAG are very nice and helpful. The person I worked with, Reggie, did everything he was supposed to do.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for the constructive feedback. We will look into this to further improve the quality of our service.

    Verified purchase

    Reviewed Nov. 13, 2020

    I had a reverse mortgage with One Reverse. They went out of business and evidently, they sold my reverse mortgage to AAG. The experience isn't complete yet, but it's great.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

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    Sales & MarketingStaffLoan ProcessRates

    Reviewed Nov. 12, 2020

    We saw American Advisors Group's advertisement on TV with Tom Selleck, and it seemed like a good advertisement. We talked it over. Then we found out that we had another family member who was thinking about it. They had gotten a disk in the mail, and we had seen the CD, and it looked good. We just followed the steps after that. So far, up to this date, it's been good.

    We haven't finalized things yet. They just did the estimate of the property. My daughter was speaking to an attorney about something about her house, and she said, "My mother has one of those." He asked what company it is, and she said, "AAG." He said, "They're about the top rated one there is. I have a friend of mine who's in that business and even he's admitted that AAG is very good." "They're thorough. It's not a rush where you apply on a Monday morning, you're gonna have the loan Wednesday afternoon." They check everything out to make sure everything is right where it should be. So far, we've been happy with it. I really like the AAG. So far, to me, AAG is great.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

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    Staff

    Reviewed Nov. 11, 2020

    AAG's information was very good. I've been working with Alan. He was very helpful and informative. He's very good at what he does, very friendly and very careful to talk to. We seem to get along, which made it easier. I had to take that counseling course, too. The service works good. I wasn't very impressed with their appraiser and the efforts that had to go through to get appraised, and then it turned out to be very poor. Other than that, with COVID, people have got a built-in excuse for not performing professionally. Still, Alan has performed and kept me informed. The appraiser would be the only stick in the mud.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

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    Staff

    Reviewed Nov. 10, 2020

    With unstable things that are going on, I wanted some money in the bank in case anything comes up. We had already decided on a reverse mortgage and looked into it ourselves. The rep from American Advisors Group that we worked with was efficient and helped us get through everything that we needed to get taken care of, which we’re still working on. People should go ahead and get a reverse mortgage if they’re older like I am. I was gonna leave the house to the kids and stuff, but they're all doing better than I ever did. So, they don't need it.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    We appreciate your feedback and glad to hear that you had a great experience.

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    StaffHonesty & Transparency

    Reviewed Nov. 9, 2020

    My wife passed away and I ended up losing from her income over $700 a month. So, I’m trying to make that up if I can. American Advisors Group was awesome as well as working with their rep. They’re to the point, honest and they try to help you in every way possible. The experience has been pain-free and great.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    We appreciate you taking the time to leave us a review. We are happy to hear we could make your retirement that much more enjoyable.

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    Staff

    Reviewed Nov. 8, 2020

    The rep I worked with, Alex, kept us informed and communicated well. They do whatever we needed to be done. They're very good.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Experiences like this are what drive us to do what we do every day. Thank you for sharing.

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    CoverageStaff

    Reviewed Nov. 7, 2020

    Karen, my rep at AAG, has been phenomenal. She's helped me every inch of the way and I couldn't ask for anything better. She's answered all my questions and answered some I didn't even know I had. She has taken me step-by-step on the taxes and the fees I'm responsible for. My insurance has to be maintained and some other things. She gave me a full financial portfolio picture of everything that was going on, and that I could expect certain things and it came to pass. So, it's been very informative. I started out being afraid. Now, I'm not and I understand the process. AAG has been convenient.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Experiences like this are what drive us to do what we do every day. Thank you for sharing.

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    Customer ServiceStaff

    Reviewed Nov. 6, 2020

    The rep I worked with at AAG seemed to ask all the right questions. He also stays in communication by phone and by email.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Experiences like this are what drive us to do what we do every day. Thank you for sharing.

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    Staff

    Reviewed Nov. 6, 2020

    Last year, I started with AAG but I didn't go through it. But then I decided to do it because of Tom Selleck. He sounded sincere. When I started applying, I went to another group and compared it and I decided to go with AAG. Jeff is the greatest. I stuck with AAG because of him. He was very thorough and very detailed. That’s the reason why my family and I like him.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Experiences like this are what drive us to do what we do every day. Thank you for sharing.

    Verified purchase
    Customer ServicePricePunctuality & SpeedStaffLoan Process

    Reviewed Nov. 5, 2020

    The loan officer was very nice. We talked about family and how I would be able to take care of myself a little bit better with this reverse mortgage. He kept up with everything. He would call me and let me know. The phone was all the time ringing. I'm anxious to get it done. He was talking about the money I would be able to get. He told me what I could do with some of the money as a line of credit. Then I'd be able to get so much the first time at the closing. Then I’d have to wait a year in order to draw more money to do what I wanna do.

    AAG sent me papers to read and then I sent some papers back to them. My loan officer explained everything to me. Then they had this one lady come out, and I signed the application papers for it. There was another packet that he sent to me and the way he explained it to me was smooth. He was right there to tell me everything that I would have to do. It was easy. I would have never thought that I would be able to do it this way, and that it would come out so smooth to where you wouldn't be bumping heads with somebody to get them to help me understand everything. I’m just sitting here now waiting.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

    Verified purchase
    Customer ServiceSales & MarketingStaffRates

    Reviewed Nov. 5, 2020

    AAG is working on my reverse mortgage. I have all the paperwork on it and they said it's gonna be ready 1st of December. It's longer than I thought it would take, but they gave me a fair rate. They also gave me more discounts at my closing. The rep I worked with is wonderful. He gets back to me and knows what he's talking about. I'm happy.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

    Verified purchase
    StaffLoan Process

    Reviewed Nov. 4, 2020

    BJ, our loan officer, was excellent in explaining everything and sending me the correct materials. He's made it a good process. We're still in the process with it and it's been a good experience. Looking forward to getting to the end of it.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

    Verified purchase
    Customer ServicePricePunctuality & SpeedStaffTransparency

    Reviewed Nov. 4, 2020

    I was looking around and AAG was a lot better as far as the offer for the closing cost. Our agent was really wonderful. She kept up with whatever appointments we have. She was proactive with everything. She gave a follow-up of what was going on. She was really understanding of what we were trying to accomplish and then she gave us choices. She gave us the ability to decide for ourselves. She gave us choices that are in the brochure. She made it clear to us so we could make an informed decision to go through it and what we were going to do.

    There was an extensive brochure that was sent first and then we went through the agent. My husband and I went through what was sent. It really gave us a better understanding of what it is. At first, we were skeptical because we didn't really know much about reverse mortgage. But as soon as we talked to Alexa, we were sold right away. She gave a very, very thorough explanation. She was very reassuring and very professional. She seemed knowledgeable of what she was bringing into the table. I recommended her to my other friends.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

    Verified purchase
    Customer ServicePunctuality & SpeedStaff

    Reviewed Nov. 3, 2020

    AAG called me back so I went with them and everything's going smoothly. It's been about two months and we're close to the end. My rep is pretty good. He calls me when everything is slowing down and lets me know what's going on. AAG has gotten everything in order. They've been very good.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

    Verified purchase
    Customer ServicePunctuality & SpeedOnline & AppStaffLoan Process

    Reviewed Nov. 3, 2020

    Things have been going smoothly. I'm just waiting for the final papers. AAG worked right with me. They've been real cordial. So far, I'm happy and everything's been pretty much working like they said it would. My loan officer told me what to expect and all the things I needed to do and the things I needed to provide for applying. I worked with a lady named Tina, and she was always Johnny-on-the-spot, letting me know what was happening. At one point, things have gotten real quiet, but they were waiting for some of the reports to come in.

    Any time I had a question, Tina made sure I got an answer. When I was sending her information and it didn't go through, she let me know and we worked out another way to get it to her. I ended up sending it through my Messenger on my phone. She knew all the things I needed to do and if I had any questions, she could pretty much answer them.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

    Verified purchase
    Customer ServiceStaffHonesty & Transparency

    Reviewed Nov. 2, 2020

    I was in a work-related accident and they put money in AAG for me. Then, Riley, the agent, called me from California. He's done everything in his power to get me into reverse a mortgage. We've got a whole pack of papers that we signed. But with this COVID, I haven't been able to get any extra money to do it. But they were very friendly, upfront and honest.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

    Verified purchase
    Customer ServiceBillingTransparency

    Reviewed Nov. 2, 2020

    I went online and asked them to send information. Next thing I knew, I got a phone call. The guy that’s working with me is real sweet and he calls me and gives me updates. He stays in communication and he explains things to me. He always asks me if I have any questions. I talked to him yesterday because I got a packet in the mail. When they did the appraisal on my house, it was higher than what they thought it was gonna be and so they had to revise the good faith thing. He said we probably wouldn't be closing till the end of the month. I've got two mortgages.

    He asked me when did I make my mortgage payments. I told him that I make my original mortgage on the first of the month, and the second mortgage, they automatically take that out of my checking account on the 16th of the month. He asked me if I made my payments this month and I told him I did for the first mortgage but the second one would be taken on the 16th. He said this will be my last mortgage that I have to make and that'll save me about $1,050.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

    Verified purchase
    Loan ProcessRates

    Reviewed Nov. 1, 2020

    It's a higher rate with AAG than any other home equity loan and it's a variable rate. If it's a variable rate, it can and will go up. And if I do what they wanted me to do, in 10 years, they would own the house. They weren't very upfront with me and their commercial was not truthful. I would not recommend them.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Kenneth, we deeply apologize that you didn’t have a great experience. We encourage you to please give us a call at 866-948-0003 and ask for our CARES team or you may call our CARES direct line at 866-219-7753 so that we can help find a solution.

    Verified purchase
    Customer Service

    Reviewed Nov. 1, 2020

    They went into great detail about exactly what they do. They said I could start the procedure and I could get all the way to the point where I got to get the house appraised. If I feel like I don't wanna fool with it anymore, I can just stop and back out. I said, "Okay." They were calling every day with this and that. But then when it got down to it, I couldn't get them to call me back. The last time I talked to Gina, she said it's all great. It appraised for more than what I had told them it would appraise for and that everything was cool. But there was a fire out there in California around her house. She told me another lady's name that was handling my stuff. But I hadn't heard from anybody.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

    Customer ServiceContract & TermsCoveragePricePunctuality & SpeedRefunds & PayoutsMaintenanceStaffLoan ProcessRatesTransparency

    Reviewed Oct. 31, 2020

    Updated on 11/12/2020: I just wanted to post an update to my review of AAG that I posted on October 31, 2020. AAG responded as noted on this website, to call them and discuss the situation and see if they could fix the problem. Obviously the problem cannot be fixed by giving us a reverse mortgage because of the well situation; however, they could have offered to refund the $125 we paid for the counseling certificate that we never needed. Per their response to reach out to them I did so.

    The man I spoke to was very nice and asked what he could do to fix my dissatisfaction. I told him AAG could refund our $125 for the counseling certificate. He said he would look into it and never called me back. Their customer service is all smoke and mirrors meant to look like they CARE (they call it their CARES department). The moral of the story is that as long as everything with your home falls into a "normal" category AAG can manage to procure you a reverse mortgage. But add something a little out of the ordinary, they don't catch on keep leading you on until they finally figure it out.

    Original review: In February 2020 we contacted AAG to discuss reverse mortgage on our manufactured home on 1.25 acres with a shared well. AAG agent determined we would need a $290,000 appraisal to avoid coming out of pocket. Appraisal came in at $250,000 which was unexpectedly low. Our out of pocket costs were $625 for appraisal and $125 for counseling certificate at that point. I could not understand why the appraisal came in so low so I personally went through the entire appraisal document page by page, comparing it with the appraisal that was done only 2 years prior when we purchased the home. I found many discrepancies which I reported to Arizona Dept. of Financial Institutions.

    Approximately 2 weeks later I received a call from the appraiser himself who admitted that he done the appraisal on the WRONG house. It was a drive-by appraisal (ordered by AAG due to Covid) so other than taking a picture of our house from the road, he never entered the premises. He admitted he was going by the information he had from an appraisal he did a year prior on a house in our area which was much smaller in square footage. He said the appraisal management company would be authorizing a refund of our $625 and AAG would be informed. I had to Email AAG 2 weeks later to ensure they had been informed and were going to approve the refund. At that point AAG did not make any effort to contact us to possibly do another appraisal (on our house) and see if we could get a more accurate appraisal. They just dropped us.

    Fast forward a few months when we were contacted by a mortgage broker. I informed them of our experience with AAG but they assured us going through them would be a fruitful experience. Broker sent an agent out to take the application and see the home. Collected documents from us including our shared well agreement. We paid another $625 for an appraisal and this one came in at $280,000 which was actually done on our house because I insisted it not be a drive-by appraisal. Broker had us set up to go through Mutual of Omaha for the reverse but into the process we were informed that the appraisal management company used by the broker but not on their authorized list! Interesting development. So at that point the only other option according to broker was to go through AAG which we were not happy with but agreed to.

    Several months into the process in September we were informed by the broker that our counseling certificate was going to expire and we needed another one. We went ahead and paid another $125 because the broker was going to reimburse us for it when the loan closed. I was advised by the broker they were shooting for the loan to close the end of September. On approximately September 28 the broker called with the bad news that the reverse was not going to go through because in underwriting they discovered our shared well agreement included a total of 8 households, which is more than the 4 that FHA allows.

    This experience in summary shows that AAG is apparently not aware of the FHA requirement for a maximum of 4 households on a shared well. In the first scenario I mentioned the agent was out to our home, noted we lived on 1.25 acres and were on a shared well. It seems to me that the next question would have been, how many houses on the well? If that had been done, we never would have had the experience with the appraisal being done on the wrong house and would have known right then and there that we would never have been able to qualify for a reverse mortgage on this property.

    The same thing can be said of the broker, Loanatik. We were given the impression that this broker did a lot of reverse mortgage loans to where they too should have been aware of the FHA stipulation on shared wells. In spite of that though, it had to go all the way to underwriting at AAG before they figured out there were too many people on our well for us to qualify for the reverse. The broker did not refund the $125 for the second counseling certificate by the way. In summary, if AAG had notified us the first time we attempted to get the reverse that we wouldn't qualify because of the well situation, even after the incorrect appraisal, we never would have attempted to get one through a broker and spent several months thinking we were going to come away with a reverse mortgage.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Mary, we deeply apologize that you didn’t have a great experience. We encourage you to please give us a call at 866-948-0003 and ask for our CARES team or you may call our CARES direct line at 866-219-7753 so that we can help find a solution.

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    Customer ServicePunctuality & SpeedStaffTransparency

    Reviewed Oct. 31, 2020

    I am in the process of getting a reverse mortgage and the experience has been fine. I've been working with Anthony at AAG. He's been real helpful and he has answered my questions. They have not yet received the appraisal of my townhouse but they told me that they're gonna be getting it next week. Then, we should have the refinance papers by the end of the month. But if he would call a couple of times as we're waiting and give me an update on what's going on, it would be helpful. It has taken longer than I thought it would but that's okay.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for being patient with us throughout the process. We’re always looking for areas where we’d be able to improve on, so your feedback is greatly appreciated.

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    Customer ServicePunctuality & SpeedStaffLoan Process

    Reviewed Oct. 31, 2020

    I called AAG to ask for a pamphlet and the person that answered, sounded so nice and so friendly. They explained reverse mortgage by me going through counseling and a lot of talking and a lot of questions that they answered me. I've never had somebody tell me, "You're gonna go to counseling just to make sure this is what you really want.” The person that I talked to in counseling was very good at explaining everything to me. Craig, my loan officer, is a very nice person. He explains everything. He goes step by step, and I have questions. I got a pamphlet in the mail that I didn't quite understand so I read some of it to him and he said, “Oh! Okay, this is what changed. And this is what's going on.” He goes step by step telling me what's going on. He's always texting me every other day to tell me, “Well, we're still here. We're still waiting around, and have a good day.” So far, he’s been really good.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

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    Customer ServiceStaff

    Reviewed Oct. 30, 2020

    I never realized the process was gonna be so in-depth but I'm going with the flow. AAG's customer service has been pretty good. I understand the process would have gone a lot faster. But it's the office in Orange County, California that’s taking care of me right now and they're having a lot of problems with the virus and with local Mother Nature factors thrown on top of it. But they're doing pretty good. Shawn is very well-mannered. He acts like he's known you your whole life and he's very confident. The last time we talked, winds were blowing up and fires were not far from him. He said I may end up having somebody from their Texas office to finish this out. I'm not too concerned because he said they have back-up plans for me.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for being patient with us throughout the process. We’re glad to hear that things went well for you.

    Verified purchase
    Punctuality & SpeedStaffLoan Process

    Reviewed Oct. 30, 2020

    Vanessa from AAG is really personable. She gave me all the options. The counseling session is pretty good, too. But the fees are really high and we had some delays. I'm still waiting for the inspection and I'm getting a little antsy about how long it's taking. But that's out of her control. She told me that they were having issues with inspectors or appraisers. Other than that, AAG has been thorough and has a decent loan to value ratio.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

    Verified purchase

    Reviewed Oct. 29, 2020

    I'm working with Carol and everything has been fine. The appraisal is done. Carol said she'd be in touch by the end of the week.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

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    Staff

    Reviewed Oct. 29, 2020

    We've had a reverse mortgage and we decided to do it again. AAG has been very helpful and pleasant. They're easy to talk to and answered all of our questions more than once. The house appraisal went fine and they estimated to finish sometime in November.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

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    StaffHonesty & Transparency

    Reviewed Oct. 28, 2020

    I was looking for somebody that was upfront and would tell me the truth, and I did. After starting the refinance, I did talk to somebody else. Everything they told me was upfront and honest. I was able to reach my rep any time I needed him. He was very knowledgeable. When I had questions, I was kind of insecure as to what was going on because I've had other types of mortgages but I had never worked with a reverse mortgage. He was as though he was taking a child through the fire and was very gentle with me. I was really nervous about starting this in the beginning and AAG always gave me the truth.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

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    Staff

    Reviewed Oct. 28, 2020

    We had a little trouble with the Social Security Office in getting documents but they finally came through. So, we finally got to send in the final paperwork. Brian, the rep, is a sweetheart. He has been patient and very good with us. He is a great employee for American Advisors Group. Everything went like clockwork like they told us.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

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    Customer ServiceStaff

    Reviewed Oct. 27, 2020

    The rep from American Advisors Group called a while back and told us not to worry. Everything seems to be great and he has been good. He said that the only thing left was I had to have the house appraised and we haven't had anybody out yet. I was hoping to hear something today.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

    Verified purchase
    Customer ServiceTechPunctuality & SpeedStaffLoan Process

    Reviewed Oct. 27, 2020

    The reps were good. They wanted to have it closed and all done by the week of the 21st but it didn't happen. Right now, the process stalled and I don't know what's going on. The last time I talked to AAG was the week of the 21st. I was waiting for them to approve the loan. They got me the appraisal of the house and everything else was approved except for they wanted proof when my wife went in and when she came out. They were trying to get ahold of the hospital where my wife had to go through a therapy at. I called down there to get her records and the guy that answered the phone said that they were no longer in service. I asked him about our records and he said they don't have them. I asked him if there was any way I could get them. He said not that he knew of.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

    Verified purchase
    Staff

    Reviewed Oct. 26, 2020

    David, the rep from American Advisors Group, was tremendous. He was very informative, kept us informed each step of the way and gave us all the information we needed to make a wise decision. We just finished the process so it funded on Monday.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

    Verified purchase

    Reviewed Oct. 26, 2020

    None of our kids or anyone is gonna be part in everything we got. We wanted to look into a reverse mortgage and see if we liked it or not, and so far, we do. AAG was very efficient. They didn't leave anything missing. They were very good about answering our questions. I felt very comfortable with them and so did my wife. Everything went well. They explained and went through everything and we're pretty happy.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

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    PriceStaffLoan Process

    Reviewed Oct. 25, 2020

    I like my loan officer very much. I told him what I sought and I needed some answers from him. He told me the good and bad things about it all. He's a very friendly man but very businesslike. I liked those areas of his presentation. I sought some comparison of other companies that I worked with to see what their program was and how different it might be. But for the most part, I was very satisfied with working with AAG. They need more documents from me but I have pretty much decided to go with them. I had another company give me a quote and they matched that quote for me so I was very pleased with that. I would be very comfortable recommending them to any of the people I know because they would ask the same questions that I was looking at.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

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    StaffRates

    Reviewed Oct. 25, 2020

    This process on the reverse mortgage seemed to be more tailored to what I needed more so than what the others were offering. I am pleased with the rate because everything else seems to be going through the roof. My rep, Gary, has been very helpful. He's been quite frank and upfront with me with everything I've asked him. He has showed me that certain things can be done and certain things cannot be done. He has gone all out to work in my behalf in order to get me what I want. Everybody in the office that I had spoken to so far has been very polite. I have no problem with AAG. It's the process of the other people getting all the information that is causing all of this go very slowly which makes me a little worried right now. It's been over two months now.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

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    StaffLoan ProcessHonesty & Transparency

    Reviewed Oct. 24, 2020

    My loan officer from AAG was very good. Overall, the people there seem to be pretty honest.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

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    Customer ServiceTechPunctuality & SpeedStaff

    Reviewed Oct. 24, 2020

    I looked on the internet for reverse mortgages and AAG's representative called me. We had an extended conversation about why I wanted it, what it entailed, what I needed to work on or schedule, what was included in the contract, and what I had to pay extra. He told me options, what the options would mean, and to think about it so that I know which one would best meet my needs. He did not pressure anything, Also, he told me that I could call him at any time with any questions. He is a gentleman and I enjoy talking to him very much. My experience with AAG has been very comfortable.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

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    Staff

    Reviewed Oct. 23, 2020

    AAG helped me out a lot that my life could become a lot better. Mark was nice and sweet as could be. We're on the last lap of the process. I just have to have my house appraised.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

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    StaffCommunication

    Reviewed Oct. 23, 2020

    There was a lot of paperwork but the process is going the way it's supposed to. My rep keeps me informed of what's going on.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

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    Staff

    Reviewed Oct. 22, 2020

    I had AAG previously and I like the way they do business. Now, I'm in the process of a reverse mortgage with them and I have a week or two left. The rep I've been working with is very professional. They're a good group.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

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    Staff

    Reviewed Oct. 22, 2020

    So far, the process with AAG has been going all right. The rep's doing everything he's supposed to as far as I understand. He contacts me every week and tells me how everything's going.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

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    Staff

    Reviewed Oct. 21, 2020

    My objective is to be totally debt-free so I did a reverse mortgage. I looked at other options and AAG seemed to be appealing. So far, I've had a very good experience with them. My rep is very informative. I'm very comfortable and confident working with her.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

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    Customer ServiceStaffTransparencyFollow-Through

    Reviewed Oct. 21, 2020

    Everything's been great with AAG. Their explanations and all the things they did were very good. Chris was excellent. He was very detailed and very businesslike. He knew absolutely what he was doing and made things simple and pleasant. He was doing fine, but he called and he was quite frustrated. The group that was supposed to be doing the assessment has not been following through though. Everything is done on the paperwork, they were supposed to come in and do that stuff for the COVID there. We don't need to supply photographs and they didn't come and do them other than that one side supposedly, and they just disappeared. Chris was after it, but he was highly frustrated and it's got him a little bit stymied. But, we have enough faith in AAG overall that I'm sure he will come up with an adequate solution. It's just been very efficient, very professional and very relaxed with AAG.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

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    Customer ServiceStaff

    Reviewed Oct. 20, 2020

    I've been kind of researching reverse mortgages for probably three years and AAG was the best and most reputable company that I found. Shawn's been great. He's very informative. As I was answering his questions, if I had any question, he stopped and explained everything to me. He kept me posted with emails and all the information that I needed. I've already had family members that are coming close to the age ask me because they know that I've been talking about this for a while and I've recommended AAG over anyone else that I've researched.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

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    Staff

    Reviewed Oct. 20, 2020

    We looked into a few companies and AAG sounded the best. I was impressed with their professionalism. The rep explained everything where we could understand. She was also a very nice person to talk to. There was just a lot of paperwork though.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

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    Punctuality & SpeedStaffLoan Process

    Reviewed Oct. 15, 2020

    My wife and I are in our early 80s. We want to make sure that we have access to sufficient funds to take care of ourselves should something happen. We reached out to American Advisors Group. Our loan officer is very good. I've been given every opportunity to see any kind of publications or I've gotten copies of everything, signature-wise. Nobody's trying to hide anything.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

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    Punctuality & SpeedStaff

    Reviewed Oct. 14, 2020

    I've been working with AAG for about three weeks and we're still in the middle of the application. There are some documents that they still need from me but I'm not able to produce them yet because I'm in the middle of my retirement. I'll have to wait until my job sends me a certain paperwork. But so far, I like it. Roxanne has been tremendously very informative about everything. She's been very patient with me and explaining everything in detail. I've gotten kind of scared that I might have made a bad decision at first. She walked me through it like two or three different times to make sure that I was comfortable with them. She's been absolutely wonderful.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

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    Reviewed Oct. 13, 2020

    I was looking into AAG and I asked a bunch of questions, and I didn't feel like I got satisfactory answers from the person I was talking to. When I talked to a different company, I got answers to my questions. I felt like the guy that I was talking with didn't know what he was doing or he was trying to hide something. So either way, that's not where I wanted to go. I would tell others that I had looked into and wasn't satisfied with.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Dale, we deeply apologize that you didn’t have a great experience. We encourage you to please give us a call at 866-948-0003 and ask for our CARES team or you may call our CARES direct line at 866-219-7753 so that we can help find a solution.

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    Customer ServiceStaffSales Tactics

    Reviewed Oct. 12, 2020

    American Advisors seem to be around the longest. I did a little research on different ones and I didn't read or hear anything that was negative. AAG was pretty diligent about my situation and the pros and cons of it. The person I was speaking with did a good job on evaluating whether it would be a good move for me. He’s a good guy. I like him. He's very personable and knowledgeable. He kinda stuck to the facts of everything. There's no hard sell. There's no pushing. It's not like buying a car. Everything seemed to flow pretty well. I don't think I received much guidance. I just received a lot of facts, pros and cons and evaluating what my decision is. It was pretty much left up to me whether it was a good choice for me or not perfect. So far, so good.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

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    Customer ServiceCoverageTechSales & MarketingPriceStaffLoan Process

    Reviewed Oct. 11, 2020

    I used to work as a mortgage loan officer, and I was familiar with reverse mortgages. It's exactly what I need at this time. AAG answered any questions I had, which wasn't too much. They directed me to Consumer Credit Counseling, which I'm also familiar with because I used to recommend people to them too as part of my job. They went through an entire session on the phone. It was about a 30-minute phone call. They pretty much read a script, but made sure I was familiar with all of the pros and cons.

    My loan officer is a really good guy. He answers my calls, returns my calls and emails, and he's in communication with me whenever I need it. AAG's service is perfectly acceptable. There were just a few minor, insignificant things that happen all the time. The appraiser didn't call me like he was supposed to before we did the appraisal so I don't know what the results of the appraisal are yet. I called them yesterday because I heard they've already gone out. And because of COVID, they can't actually go in the house. I wanted them to understand that this is not just an old house. It's 100% new construction, everything except for the foundations. And even when the foundations had work on it, everything is new. I've already put a considerable amount.

    I put my retirement savings, my 401K that I had, I had put in the proceeds from the sale of my mobile home. I've put quite a bit of my own money into it, maybe $10,000 short of finishing. That's why I was wanting the loan. The value of the property is secured more than 100% because it's only like a 50% loan-to-value. He just says, “Oh, this is a 1940, 1,000 square foot cottage.” I only wanted the appraiser to base the appraisal off new construction cost per square foot for new construction. He had already completed the appraisal. He didn't call me before he came out.

    I called AAG and I said, “You guys already have the appraisal.” They said, “No, we don't have it.” So, there's a miscommunication somewhere between the two. I don't know who's the problem, but I'm a little nervous. I should hear today what the appraisal came in at. Hopefully, it came in enough to cover what we need. Our market’s crazy right now. Even if they have to reduce the loan amount a little bit, that's no big deal.

    I told quite a few people what I'm doing, and I get the same comments that I had from people when I was working for a bank like, “Oh, they're gonna take your house, and there won't be anything left for your kids.” I have to work twice as hard to dispel the rumors and the fears that people have about reverse mortgages, but I recommend AAG.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

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    PricePunctuality & SpeedStaffLoan Process

    Reviewed Oct. 10, 2020

    I have a house in Aberdeen. I was waiting to refinance the house, and a reverse mortgage was an option. AAG showed me about how much money the house was gonna be worth, the difficulties in remodeling myself and they gave me advice through the process of getting the loan settled. My loan officer was good. She explained the little things and she made sure I understood a lot of things.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

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    Customer ServiceStaff

    Reviewed Oct. 9, 2020

    With everything that’s happening and we have so much equity, I thought of using it that's why I decided I’d go with a reverse mortgage. We're still working on it but the rep is a sweetie. I do have to call in to her for her to get back in touch with me but everything seems to be going okay. I just pray that everything goes well so we can get this done in a few weeks.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

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    Customer ServiceCoveragePricePunctuality & SpeedRefunds & PayoutsStaffBillingLoan Process

    Reviewed Oct. 8, 2020

    I've been trying to get a loan. Seeing that I had some collections on some credit cards, no one would give me a personal loan or a home equity loan. I wanna get my home fixed up so I decided to look into a reverse mortgage. When I did, it seemed like it was the right thing to do. It sounded like it's good because my kids don't want the house. There's no one to leave the house to. They don't want the aggravation. They have enough of their own stuff let alone come in here, clean the house up and try to put it up for market or rent it out. To eliminate all those things, my wife and I discussed doing a reverse mortgage and we thought that would be a better plan.

    There were times when our rep said one thing that we agreed to. I didn't have all the money to put up for the frontal costs. At the time that we made the loan papers and signed them, he said they would take care of it on the backside of the loan. Then I got calls telling me I needed to pay for $500 for appraisal and I have to pay the notary and the counseling fee. We're on a fixed income and I started paying these things. Then they said I have to pay the insurance and taxes when they're due until we get to closing. I just made a payment for my homeowners fire insurance and it's taken all my money away. Usually, I don't have to pay these things until March. But I had to pay it now to prove to them that I'm paying for these things before we go into closing.

    I didn't have money for the appraisal. The rep had to discuss it with his manager in order to see if we could just do this $500 on the back end of the loan. He called me up the other day and left the message to say that he talked to the manager and it would be okay if we use the $500 on the backside of it. But it just gets a little aggravating. I thought it’d run a little bit smoother when he promised that it would be taken care of on the backside of the loan but he's calling me up every other week asking me when can I pay this amount or that amount. I'm having problems with my budget ‘cause I’m on Social Security. Now I have these payment that I have to make.

    Hopefully, everything will work out. Right now, we're in the process of getting all the copies ready. We had to wait for Social Security copies and for a Social Security card that was misplaced. We just finally got them and we're sitting down tonight with the printer and starting to print these things off and mail it to AAG. But I would still recommend them to a friend. It's a good program. If you have money to pay for the closing costs upfront, it's not so much of a hassle.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    We appreciate you taking the time to leave a review. We’re happy we could help and glad you had a positive experience with us.

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    Punctuality & SpeedRefunds & PayoutsStaffBilling

    Reviewed Oct. 7, 2020

    I liked the fact that AAG would take the lump sum of what's left to pay on this, pay that off themselves, it'd sit there and it would give me the opportunity to have some spending money. I am retired and concerned about my finances so I thought of checking into it a little bit more. I was told that they would take care of everything. I've been going to so many different directions but it sounded like a good program where a person doesn't have to worry because it would be automatically paid off by the reverse mortgage. If something happens to me, then my kids can sell that and pay back to AAG what's owed to them. If I decide to not stay here permanently and move on, then I can go ahead and sell it too and pay back AAG for it. I also wouldn't happen to make my house payment anymore.

    However, we haven't been able to get a person here to check out the house and make sure it's all up to code with the foundation. They said that they can't find anybody in Oregon. I thought it's kinda strange that they haven't been able to find anybody. That's been kinda bugging me. We're at a standstill on this right now for that mean and simple reason. A person's waiting and waiting and nothing's happening. It's kinda you're sitting back and telling yourself was this a good thing for me to do?

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    We appreciate you taking the time to leave a review.

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    StaffBillingLoan Process

    Reviewed Oct. 6, 2020

    Reverse mortgage was one of the options that came around because our balloon payment with a credit union was due in October. The loan officer went through everything. It was a lot of paperwork. We did the counseling thing for 125 bucks. I only have good things to say about them.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

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    Staff

    Reviewed Oct. 5, 2020

    They're very nice people. So far, my experience has been good. Ralli, the agent, pretty much walked us through everything. He told us what we were gonna have to do, and there wasn't a lot that we even had to do except visit with a couple of people. I was surprised at how easy it was. He was very concise and very clear about everything.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

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    Customer ServicePunctuality & SpeedStaffLoan ProcessHonesty & Transparency

    Reviewed Oct. 4, 2020

    They were the only one that sounded the most honest. They were willing to listen to problems. I like the way they work with you and do things. It's a good company to work with. My loan officer was willing to work with me on things because I wasn't too sure if I wanted to do it or not. So far, I've accepted it and I'm waiting for a call for a couple of days. She hasn't got around to calling me yet.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected. If you need any additional assistance at this time, we encourage you to please give us a call at 866-948-0003 and ask for our CARES team.

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    Customer ServicePricePunctuality & SpeedStaffBillingRatesCommunication

    Reviewed Oct. 3, 2020

    I saw AAG on TV with Tom Selleck, and he kinda got me more interested. Then I called and got ahold of Wes and we continued on our way. I'm trying to consolidate some stuff. I've got a bill coming up that I need to get rid of or they're gonna jack about $6,000 worth of interest. It was one of those you pay it off in 18 months or 24 months. I wanna get rid of that and then solidify my retirement.

    Wes and I have talked about the terms and the interest on it. I also like the idea that I am going to set up where I make a payment every month just like a house payment, but I can make whatever I need to make that month. I like the flexibility of it. We're not totally through it yet. I'm waiting on the appraisal for the house. That's supposed to happen here very soon. It's been ordered. I haven't heard anything negative back from Wes about it not happening. From there, we'll have the closing. One thing you have to be when you're doing things like that is to be patient. Things don’t always move as quick as you want them to. Wes has kept me in the loop and he's given me everything that I need to know at this point in time. He's always open for me to call him if I need a question answered.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    We appreciate your feedback and glad to hear that you had a great experience.

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    StaffLoan Process

    Reviewed Oct. 2, 2020

    I looked into a reverse mortgage as part of my retirement plan and for other things that I needed to be done around the house. My loan officer, Wes, was very helpful and patient, and I liked that. Everybody that I was in contact with, including the counselors, were very nice people. The guidance from American Advisors Group was very valuable. I was very appreciative of how they worked things and they gave exactly everything that you should know about what was going on. I was very happy with the way they laid it out and they had patience enough to tell me everything. So, it was a very good experience.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    We appreciate your feedback and glad to hear that you had a great experience.

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    Customer ServiceStaffBilling

    Reviewed Oct. 1, 2020

    The reverse mortgage will make my life a lot easier with not having a house payment every month. I just did the application with American Advisors Group and I haven't heard since. So, if the application goes through, then the appraiser would be the next step. Kyle, the rep, was great. I called him because I hadn't heard anything, and he said for me not to worry. As soon as he hears something, he'll call me.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    We appreciate your feedback and glad to hear that you had a great experience.

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    CoverageRefunds & PayoutsStaff

    Reviewed Sept. 30, 2020

    The people that I worked with were helpful and very informative. Since I didn't know anything about reverse mortgage, they explained everything very thoroughly and answered all my questions and concerns. They did a fantastic job. I just thought about it really hard, and something came up, that's why I didn't go with the reverse mortgage. It was gonna put my house back up to almost where I paid for it. I knew that I didn't have to pay anything a month with it and I understood the fact that nobody could put us out of the house as long as we paid the taxes and the insurance. But I got a traditional mortgage and I'm not taking any cash out.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    We appreciate your feedback and glad to hear that you had a great experience.

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    Customer ServiceCoveragePunctuality & Speed

    Reviewed Sept. 29, 2020

    The experience was fairly good. I didn't know exactly what else to ask and they seemed to cover most of the bases. The process is not that difficult but it seems to be taking a lot of time. First, we had to wait for the interview. Then they had me scheduled for a Saturday for the notary to come with the paperwork but he didn't make it until the following Wednesday. Now, I'm waiting for the appraiser for the property. But I would probably go back to AAG. Kyle hasn't called me back lately but he seems like he's trying to do a good job.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    We appreciate you taking the time to leave a review. We’re happy we could help and glad you had a positive experience with us.

    Customer ServicePunctuality & SpeedMaintenanceStaffBillingRates

    Reviewed July 7, 2020

    We had a loss to our home. Ins co settled quickly & put AAG & our names on the check. We signed; turned it over & AAG has held on to it for over a mth requiring all kinds of crap from us that we can't do. Keeping 50% of our $ & that's not even enough to buy the materials for the repair job. Plan to keep the rest till inspection is done once job is complete. (Roof job) There is no way to pay the people doing the work until they get an inspector out here & no one wants to wait on their payment for the job. How are ppl suppose to work in this kind of a deal? They say they will call us back within 24 hrs but doesn't happen. Be leary of a reverse mortgage if you think you will EVER have a claim. In the meantime they are drawing interest on the $ that has been deposited in their acct & here we sit with holes in our roof from a tree falling on it. I'm beyond furious & when I checked online the case says it's been closed. Go figure. Buyer pls beware of AAG!!!!

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Charlene, we deeply apologize that you didn’t have a great experience. We encourage you to please give us a call at 866-948-0003 and ask for our CARES team or you may call our CARES direct line at 866-219-7753 so that we can help find a solution.

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    Customer ServiceStaff

    Reviewed June 26, 2020

    We have lived in that house forever and we’re not ready to sell it yet but we wanted something. My mother and I watch Blue Bloods all day long and Tom Selleck is the spokesperson for AAG. We saw the commercial and then we made the first phone call. Everything seems to be going very smoothly right now. Harvey is great. He is very helpful. He calls and keeps up with everything. I couldn’t find the Social Security card and he told me how to get in touch with Social Security.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

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    Customer ServiceStaff

    Reviewed June 25, 2020

    I’ve seen Tom Selleck on TV for years and it was always at the back of my mind that I may need AAG at some point. It came sooner than expected because I’m on Social Security. I just moved to a new home and found out that my Social Security increase no longer qualifies me for the government tax credit. So, in the middle of the pandemic, I thought of how I was gonna find a safe job and how I was gonna come up with money. When I signed up, the reps were wonderful. I wish everybody had customer service like they do. When they said they were gonna call at a certain time, it was right on the nose. Plus, there was plenty of follow-up.

    Jared, who I’m working with, is great. He knows who you are as soon as you call and he usually knows why I’m calling. The appraiser was great to talk to yesterday as well as the counselor. Everybody was great to work with and explained everything well. It’s not the best financial choice but I have no option at this point. I just moved here and I can’t sell. I could sell and pay cash for a double wide trailer somewhere, but that would only help me out for a while. It would be nice though if AAG could close sooner than in August that they were indicating initially on the forms. Jared was hoping to move it along faster and the appraisal report was supposed to be done tonight. So, hopefully, it will get done sooner.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

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    StaffLoan Process

    Reviewed June 20, 2020

    Doing a little research, they're one of the strongest and biggest. We went through agent consulting for the reverse mortgage and they also required a counseling session. Our loan officer has been great. She has done a really good job of keeping us informed and knowing what’s going on and walking through everything. Our interactions with her has been pretty straightforward.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

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    Punctuality & SpeedTransparency

    Reviewed June 14, 2020

    I looked AAG up online and they were one of the top people. They're still waiting for the appraisal on my house before they even make an offer. So, that is still in progress. But they are keeping me up to date. We're doing fine. Mine is a special case because my house is high value, so I know it's gonna take a little bit longer.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

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    Customer ServiceStaffLoan Process

    Reviewed June 13, 2020

    I was in the process of getting a loan through USAA and they understood all of my circumstances to qualify for the loan, and they agreed, and then three-quarters of the way through the process, they dropped me. So, then I called AAG who picked up and took care of everything. As far as the process, everything was perfectly easy.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

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    Customer ServiceStaffLoan Process

    Reviewed June 12, 2020

    At this point in my life, I feel like I need a little bit of help. When you're working, you think that things are gonna be good when you retire, and things happen. I needed to do a reverse mortgage. I've been seeing AAG on TV, and I went with them. My loan officer has been very nice. He tried to answer every question that I had, and he always returned a call whenever I called him about something. The hardest thing has been trying to get this appraisal set up. It’s been like two weeks since I signed the papers for the first part of it. I guess it was the application. I thought it was gonna be a lot sooner for the appraisal. I was hoping it'd be done by the end of the month, and it didn't happen. With the virus and everything going on, I realized that things are what they are.

    My loan officer told me that if anything happened to me, my son would have six months with two three-month extensions, which would be a year, to sell the house or get a mortgage and him take it over. I understand that. When the application was brought to me and I was signing the papers, the notary told me the same thing. But there's no document that specifies that. I asked my loan officer if it was in the application, and he did not find it. I would like to have that in writing. He told me that he would have that for me. That might be something that nobody's asked for, but it's certainly something that they need to have. Other than that, my loan officer did everything that he could do for me right now.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    We appreciate your feedback and glad to hear that you had a great experience.

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    Punctuality & SpeedRates

    Reviewed June 11, 2020

    I was interested in getting capital to do improvements on my property. Previously, I had a bad experience with another company that claimed to be the number one lender in the United States. So, I was leery with AAG. Now, we're halfway through the process and I'm waiting for appraisal. Up to this point, I haven't been disappointed yet.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

    Staff

    Reviewed May 8, 2020

    I contacted AAG to get a final payoff amount for a real-time closing - original number they sent was wrong. The agent was completely unhelpful and could not get someone with senior authority to talk with me. This completely wrecked the closing, buyers had to move out, and things were suspended so they could have their "7-10 business days" to provide a number that takes seconds to access. Totally unacceptable!!!!

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Chrystie, we deeply apologize that you didn’t have a great experience. We encourage you to please give us a call at 866-948-0003 and ask for our CARES team so that we can help find a solution.

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    Customer ServicePunctuality & SpeedStaff

    Reviewed May 1, 2020

    We’re in our 60s now and my wife was looking at different things that we could do for finances and everything. She ran across the reverse mortgage. She did a lot of reading and she showed me a lot of stuff. But through it all, she discovered AAG and then we made a few phone calls, plus we researched a bit more. And then, we rolled from there. The rep was very clear on everything he talked to us about, which we know for sure because we researched. Everything he explained to us was information that confirmed the information we had. The only thing that really came up at the end was just the formalities. I turn 62 on May 24 so we have to wait a couple of weeks because of that, but that is no big deal.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

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    Customer ServiceStaffRates

    Reviewed April 30, 2020

    I just googled and searched for information and AAG’s website was the one that popped up first. I saw that they were the biggest and most popular, and had some good ratings. The rep was great. He was very nice on the phone and answered all our questions very clearly. Initially, he asked us some preliminary questions and then he ran the credit checks and told us what we needed to do. We had some things that we needed to take care of on the credit. That was pretty clear. And then, when we did the application last week, it was very thorough and clear also, other than I had to translate for my in-laws because AAG didn’t have a Spanish-speaking person. Also, I just called the rep at his office and on his cellphone but he didn’t answer. But he usually gets back with me within a day or two.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

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    Staff

    Reviewed April 29, 2020

    I have a banker in Las Vegas for 40 years who financed most of the casinos when they built them. He highly recommended AAG. He said, “I don’t know why you wanna go to anybody else.” So, that cinched it for me. Communicating with Sam, AAG's rep, has been excellent. I got a package I have to send back to her. I had to ask her a few questions first so I don’t sign on the wrong line.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Arthur, thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

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    Customer ServiceStaffBilling

    Reviewed April 28, 2020

    AAG's rep didn't call me when he was supposed to. We had to resend another account to him that he wanted, but he hasn’t got back to me. He said for this month, I wouldn’t have to make a house payment. But it’s almost the end of the month. It looks like I have to make one. I tried calling today but it went to a voicemail. But other than that, applying was easier than I thought it would. My son does all the work for me.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    We appreciate your feedback and glad to hear that you had a great experience.

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    CoverageStaffBilling

    Reviewed April 27, 2020

    I have very large insurance payments. I have three daughters and I paid on these things. Now, I have to keep making payment and I'm retired, so I ran out of money. I had to do a reverse mortgage. My daughter helps me with a lot of stuff and she did a bunch of research then we ended up choosing American Advisors Group. The rep was very helpful in every aspect the whole time. She stayed in touch with us and kept us posted on what was going on. She was very efficient and I think she should be given a raise.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    We appreciate your feedback and glad to hear that you had a great experience.

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    Refunds & PayoutsStaff

    Reviewed April 26, 2020

    At first, I kinda put getting a reverse mortgage off because I really thought that it was nonsense. To be able to not pay my mortgage was kind of off the deep end. Then, as time went by, I started researching AAG and there were pros and cons to it, but it was mostly pro for me. Also, it was wonderful that AAG has Selleck as the spokesperson, mainly because he was the first one that I took kind of seriously. Not because it was Tom Selleck, but because he was more truthful with what a reverse mortgage was. I'm sure the others were all scripted. He helped me decide to go ahead and do it. But I would like to see the company start using people that have actually done a reverse mortgage.

    Freddie, the agent who worked with me, was very personable, professional and knew what he was doing. The process moved slowly enough for me to really think about it. I thought about it before, but during the process, I still had the advantage of continuing to think if it was really what I wanted. There wasn’t any pressure and he was encouraging and responsive to my needs, which I appreciated.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

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    StaffLoan Process

    Reviewed April 25, 2020

    With a reverse mortgage, I can take the equity out of my house and invest rather than it just sitting idle. My loan officer was perfect. She has attention to details, does what she says, and when she says she’ll get it done.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

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    StaffLoan Process

    Reviewed April 24, 2020

    When I did a cursory review to see who was local here, I found a couple of local lenders that did reverse mortgages. I had a cursory discussion with them but then, I talked to the people at AAG and they were fundamentally sound and the largest in the business. They have the capital and are not trading mortgages off or selling it. Sometimes, lenders have bundled mortgages and sell it off and AAG doesn't do that. What they did as a business suited a need that I had at the moment and I figured they were the best one to go with. They’ve been very professional about it. The situation was pretty much regulated. There are specific rules that lenders have to follow. I went to the FHA website to check AAG out. They were also listed in HUD as well.

    Ann, my loan officer, was very friendly. She was able to answer whatever questions that I had or put me in touch with somebody that could answer. She provided me the material I needed to understand what the program was, how it worked, the process, the people I would have to talk to- like at the FHA- and having to get an appraiser. So there weren’t any surprises.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    We appreciate your feedback and glad to hear that you had a great experience.

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    Customer ServicePriceStaffRates

    Reviewed April 23, 2020

    A reverse mortgage fits our plans better for our retirement and our kids can do it on their own so we have little intention of leaving them very much. I did a little research and thought American Advisor’s Group would be the better one. We’ve had a lot of email and phone conversations with Kim from California. He's very knowledgeable and the communication has been pretty good. It’s pretty costly to get it going. They have not checked the foundation and stuff but I know that that is costly which is a detriment for the prices that they’re charging. Other than that, everything is working out fine so far.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

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    StaffLoan Process

    Reviewed April 22, 2020

    I’ve been considering doing a reverse mortgage for the last 15 years. My loan officer was very helpful, very informative, had all the knowledge needed. My house has been appraised but it’s not ready for closing yet. They’re doing some fine-tuning to make it all work. I was kept informed all the way. It was a good experience.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

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    CoverageStaff

    Reviewed April 21, 2020

    I liked the guy from American Advisors Group that I was dealing with. He covered all the bases and explained all of it pretty thoroughly. Then I had the counseling where I asked a few questions and I was given the same answers. The service has been very good, so far.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

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    Punctuality & SpeedStaff

    Reviewed April 20, 2020

    My wife and I are both retired. We’re older people and we’re trying to make our lives less complicated with a reverse mortgage. Everything seems to be moving along with AAG. We’re waiting for the docs now. AAG has been very professional and we really like working with them.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

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    StaffLoan ProcessRates

    Reviewed April 19, 2020

    I looked them up and they were the highest rated business-wise through the Better Business Bureau. Also, there weren’t really a lot of other choices that I felt comfortable with. My loan officer has been wonderful. She is very nice. She made me very at ease about all of this, right from the beginning. My father had had one so I understood a lot about it, and she appreciated that I had the knowledge and then didn’t waste a bunch of time talking about things that I already knew. So far, the process has been very easy. I had my appraisal today.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    We appreciate your feedback and glad to hear that you had a great experience.

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    Customer ServiceSales & MarketingStaffLoan ProcessTimeliness

    Reviewed April 18, 2020

    AAG is advertised on the computer very heavily. I’ve seen them several times on the TV advertising, so I chose them. You want somebody that is reputable and obviously, they are. There’s been times when my loan officer taken a little bit of extra time to get back with me. But I think that’s because of the Coronavirus situation. She was good. I really liked her on the phone.

    I called one time because I hadn’t heard from her and she didn’t call me back for almost four or five days, and I was concerned. I didn’t know what the next steps were gonna be. I know she wanted money for the appraisal. One thing that surprised me is that she got it reduced for me to 390 because I have no income. She told me, “Well, it’s gonna be a week or two before we take the money out.” But the next day, it was gone out of my checking account. I almost felt like a swindler where you put my money in and then all of sudden, poof, it’s gone. I haven't heard anything back from her since.

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    Verified purchase
    Customer ServicePunctuality & SpeedStaffLoan Process

    Reviewed April 17, 2020

    Aside from American Advisors Group, I’ve talked to other lenders. Some can do conventional loans, and some can do FHA. Most reverse mortgages are FHA. I prefer conventional, but it’s gotta be through FHA, and that’s what takes time. AAG has been good. They had someone come out with all the papers they wanted me to sign. They're saying the loan is going through, but they said there’s an awful lot of other stuff to be done yet. I guess they haven’t sent someone out to appraise the house yet but all the paperwork is done now.

    I haven’t heard from them, but the adviser told me that it’ll take until the first part of May before everything is finished. So we’re not panicking about it. I figure they just got paperwork they gotta finish. I wished the process would be faster. But there’s lots of things going on, and I can’t get a hold of people. They’re not at work and they’ve got problems too. Everything is slowing down right now.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

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    Customer ServicePunctuality & SpeedStaff

    Reviewed April 16, 2020

    I stumbled upon American Advisors Group when I was gonna go with another company and I was trying to get one of those counseling things set up. AAG hooked me up with Carol and Carol and I had a rapport. I liked the way she explained everything, which made it a lot better for me. She dumbed it down, so I understood it a lot better. It has been three weeks that I've been working with them and now, I'm just waiting to hear from her about the appraisal.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

    Customer ServiceCoverageSales & MarketingPriceStaffRates

    Reviewed April 15, 2020

    I am 65 and ready to retire, so decided to get a Reverse Mortgage. I started the process with Harvey **. I had been through the process last year with a different company when I was going to buy a house, but backed out of the purchase, so familiar with it. I asked Mr. ** numerous times to please email me my options such as Fixed Rates and different HECM's and he refused to do so. He literally told me what kind of mortgage he was going to give me; I had no choice in the matter. He also very incorrectly stated to me that my home was only worth $400,000, when realtor.com has it's value at $565,000, and I am a life long appraiser, so understand home values. He then stated AAG would hold $65,000 of my money to pay property taxes and insurance and that I would get no cash out.

    I set up counseling for today, and this was the first thing the counselor questioned is why he was doing so, and I told her I was starting to work with another company. Yesterday Mr. ** FINALLY sent me the breakdown of the plan HE CHOSE FOR ME, which included ridiculous origination fees (which were much higher than the other company), and again only showing ONE OPTION available to me, even though I let him know I may be interested in a fixed rate option. I guess he thought I would be so stupid as to just sign it without knowing what I would be charged, if I was getting any money out, and him low-balling the value of my home! I told him I preferred emailing questions & answers, but he insisted on only speaking on the phone, and I finally put my foot down as I wanted proof of what he was trying to pull.

    I feel he thought I am a stupid old woman; little did he know I am an educated woman who has been in business her whole life, and can see a scam when it presents itself. He claimed he was working in my best interests, but obviously he was only working on AAG's best interests, trying to hang on to as much of MY money out of my equity for them as he possibly could.

    I went back to the company I had worked with previously, who is not playing these games with me, and the ball is already rolling toward the Reverse Mortgage option I chose and without having to have them tie up $65,000 of my money for future taxes and insurance; I have a high income and do not need AAG or any other company paying those for me, and Mr. **knew it. Very poor service and I am very disappointed as I always heard AAG was one of the best companies. Please beware. There are different options available to you, and also compare closing costs and origination fees with other companies to make sure you get the best deal; do not settle!

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Sheila, thank you for taking the time to leave us a review. We apologize that you didn’t have a great experience. Please give us a call at 866-948-0003 and ask for our CARES team so that we can help find a solution.

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    Customer ServicePunctuality & SpeedStaffLoan Process

    Reviewed April 15, 2020

    We were very close to having the house paid off and we decided to do the reverse mortgage. I did some research online and AAG seemed to get the most positive responses. Sandy, the loan officer, was knowledgeable and straightforward. He knew the answers and understood what I was trying to do. I have been impressed with everybody I've come in contact with regarding the reverse mortgage. Also, the upfront fees were more than I expected, but they are typical. It was a learning process, but we're fine. We're waiting to hear on the appraisal and we are very satisfied so far.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    We are so happy to hear that you had such a great experience. This is what we are always striving to hear.

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    Customer ServicePunctuality & SpeedStaffBillingTransparency

    Reviewed April 14, 2020

    I wanna live free without credit and get rid of all our credit cards. I also wanna do some updates on the home and go on vacation. The guys from AAG are very good. They're professional and spelled things out on the reverse mortgage clearly. Their rep is on top of stuff all the time. He’s always calling and making sure everything’s going through for us if there’s anything hanging out. We have pretty much, everything done. I’m still waiting on some paperwork to come through to send to him.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for being patient with us throughout the process. We’re glad to hear that things went well for you.

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    Customer ServicePunctuality & SpeedRefunds & PayoutsBilling

    Reviewed April 13, 2020

    I'm active duty in the military so I live in a different state than my mom, but my father passed away 18 months ago which left my mom with nothing but social security. She's also disabled and she's having a hard time paying her monthly bills. I was pitching in and doing a lot of stuff for her and we started hearing about reverse mortgage and some opportunities. We were scared to go to some of the smaller companies and as I started looking into things on one of my trips, I saw AAG, which we know is a legitimate company. I started researching and I went to the website as well as gave them a call. I called initially to set things up and to make sure that everything was feasible. My mom put the application in and signed it.

    I got put in touch with Mr. ** , who was our counselor, and it worked out really well. I talked to him for a while, and it was great. He then called my mom, talked to her and since that call, he has been walking her along the way and touching base with her before they come to an appointment. I send Mr. ** emails once a week to make sure everything is still on track and he responds almost immediately and very professionally, so he is very good. Right now, we're waiting for the home appraisal and at this point, everything has been very smooth and more productive than expected.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    We appreciate your feedback and glad to hear that you had a great experience.

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    Customer ServiceStaffLoan Process

    Reviewed April 12, 2020

    I recently lost my wife and she was very involved in our financial stability. Now that I'm by myself, I felt that I needed to have more financially stable lifestyle. I wanted to do some remodels on the house, some things that we had planned while she was still alive. We discussed it and she said, "I want you to promise me that you'll go ahead and do all the things that we talked about doing." So, I'm trying to do that.

    The loan officer I dealt with has been very positive. She has been very helpful and she explained every aspect of procedure before it took place. She also followed up afterwards to answer any questions that came up during the process. So far, I'm very happy with the process of American Advisors Group. I feel confident that all of my questions have been answered in a timely manner. I realize that with everything that is going on with the Coronavirus, there are certain things that are moving slower because of the inability to have personal contacts with people.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    David, thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

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    Customer ServiceStaffRates

    Reviewed April 11, 2020

    American Advisors Group contacted me. I did some investigation online and they got high ratings. Of course, with the coronavirus and everything going on, everything’s been interrupted lately. But Joe, one of their reps, sent me all my paperwork, and he’s gonna get the other stuff and go through that together with me and walk me through it. I haven’t heard anything from him, so I don’t know if he’s having issues. But overall, it’s been a pretty good experience. Joe has been real good at explaining things and taking care of business on his end.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

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    Customer ServicePunctuality & SpeedStaff

    Reviewed April 10, 2020

    American Advisors Group just seemed to be right there when I looked up reverse mortgage, and I thought I’d go with them. I read some reviews and they all seemed to be pretty good. Everything seems to be going real smooth with AAG. I just spoke with the appraiser and they’re doing a drive-by. Peter, one of their reps, has been wonderful. He’s been really helpful. Any question I’ve had, if I’d call him then he’d get right in touch with me, and he has answered our concerns. I understand things like this take a little time, but it’s moving right along as far as I can see. We signed all the papers and Peter mailed us the package right away as soon as he was able to.

    Danny has been on Social Security and SS IRA by $800 a month, and it’s hard to do very much with that. He owns a house outright and he was talking about selling, but I said, “Just get a reverse mortgage and get a little money every month. If you sell the house, then you’ll be homeless and all the money will evaporate right quick. This way, at least, you got a place to live.” It’s really a good option to go in. He would have listened to me back then. He owned 40 acres and a house, and it sold like $400,000, and I was trying to get him to do a reverse mortgage then. He left his old home place and sold that. It’s four years later and he’s broke. It was terrible but at least it bought him a house to live in, and now he can get some of that money out every month.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Brian, thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

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    TechStaffLoan ProcessCommunication

    Reviewed April 9, 2020

    The AAG loan officer has been on top of it in keeping me informed. He’s been fine. I’ve been impressed with them. The lady came over and we signed for the application and they did appraisal within that same week. It seemed like everything has been moving quite rapidly and smoothly. I’m pleased with the process.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    We appreciate your feedback and glad to hear that you had a great experience.

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    Customer ServicePunctuality & SpeedMaintenanceStaff

    Reviewed April 8, 2020

    I’m not working and am on a fixed income. I have a fairly large equity in my home and I wanted to check into a reverse mortgage to see if maybe that would be some way I could gradually start paying the equity I have built up myself. I started the process with American Advisors Group online and talking with Todd has been good so far. At this point, we’re waiting to find out what he had to say. It’s probably been about a week and a half ‘cause we’ve been waiting on the appraisal to come in. We have already done the counseling and a notary came by and we sat down with him. We went through a ton of paperwork and that was part of the application process. What I understand is Todd received that and then he was going to contact an appraiser. That was probably the last time I talked to him. I’m waiting on a callback from him rand I may change my mind at the end of the day but it's been all right so far with AAG.

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    Customer ServiceStaffLoan Process

    Reviewed March 31, 2020

    When I went on the internet searching for reverse mortgages, I found AAG. The loan officer was young, excited and enthusiastic. I did the application, but AAG started calling back too soon, even though I told them I needed time to think about it. After I told the loan officer that, some man called. He must have been her supervisor. He rattled on and on. I felt they were being too pushy and didn't give me a chance to think so I abandoned that search with them. They are competitive though. I’ve looked at a couple of others since then and I have seen a really big difference.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Deborah, thank you for the constructive feedback. We will look into this to further improve the quality of our service.

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    Customer ServiceSales & MarketingPunctuality & SpeedStaff

    Reviewed March 28, 2020

    I have seen American Advisors before on advertisements on TV and in magazines, and decided to go with them. But with everything that has been going on, I haven’t had the time to complete the process. I started calling for the counselling and didn’t continue with it. I called a couple of places and the rep told me to keep on calling, but I didn’t and something happened. So, I haven’t scheduled one yet. But the rep has been very good about understanding me. He has been very nice and helpful.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Judy, thank you for your positive review! We strive to provide the best experience for you and we’re happy to see that it was reflected.

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    TechStaffLoan Process

    Reviewed March 27, 2020

    I felt like getting a reverse mortgage was a good thing to do and started the process with AAG. At first, we had Joe, who was a great guy. But all of a sudden, he just disappeared and they passed us off to another guy. We weren't very happy about that because Joe was doing a great job with us. He was very friendly and knowledgeable in handling everything, about all our questions and in moving us right along. The other guy AAG gave us seems to be doing okay.

    It has been a few weeks, but the hold up was on us. We had to put a roof on the house and got that done last week. We didn't want the appraisal to come out until the roof was done. The appraiser came out today and we got the appraisal done, and we're moving on from there. Everybody is on hold right now until the appraisal is turned in and they can make a decision about how much money they are willing to loan us.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Russell, thank you for being patient with us throughout the process. We’re always looking for areas where we’d be able to improve on, so your feedback is greatly appreciated.

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    PriceStaff

    Reviewed March 23, 2020

    American Advisors Group seemed to have been the best. They had a lot of promises in the beginning that weren’t necessarily carried out in the offer. They had jumped through a lot of hoops that weren’t necessarily true. I let them know that I was signing on it but it was not secure and I haven't built the closing date. If I don’t want to do it, I can say no and I’ve paid some costs that are not outstanding. This is a very wonderful house in a small town. We will see how it works and if it’s worth getting my appraisal and I will move on from there.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Ross, thank you for being patient with us throughout the process. We’re always looking for areas where we’d be able to improve on, so your feedback is greatly appreciated,

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    Sales & MarketingStaffLoan Process

    Reviewed March 22, 2020

    The AAG rep was wonderful, but they were a little pushy. They were doing their sales pitch, which I understand. But when I said that I wasn’t quite ready yet, instead of honoring that, they said, “This is the best time.” They made sense and I went ahead with it. But then medical problems popped up and I decided not to do the loan.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Sheilah, thank you for the constructive feedback. We will look into this to further improve the quality of our service.

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    Customer ServicePriceStaff

    Reviewed March 21, 2020

    I've been looking into reverse mortgages for several years before I decided to make the jump. And of all the people that I talked to, American Advisors seemed like the best one. Once I decided to go ahead with it, they provided the materials. They've explained the process of the reverse mortgage very clearly and simply. They also gave me material I could read and go over. They made it very easy for me.

    Michael worked with me. He was always available and I could call him any time. He also called me if something was changing and something needed to be done. We had very close contact and he told me exactly where we were in the process. Also, a young lady came to my house and explained things. The appraiser came to look at it and see what it was worth. Everything went what the way they said it would and there were no surprises.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Ronald, thank you for your positive review. We appreciate your feedback and glad to hear that you had a great experience.

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    Customer ServiceStaff

    Reviewed March 20, 2020

    My experience with AAG was great. The rep I worked with was great too. His name was Rogers. He was right to the point. And we had already read about it. So, he was impressed with that. The appraiser has to come out. And I talked to the office and they said they had to call them. When I talked to them almost two weeks ago, they said that they had called up but nobody had called them back yet. But the gentleman that we’ve dealt with most of the time was excellent on explaining and just keeping abreast of things. The service has been excellent so far with us.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Kathryn, thank you for your positive review! We strive to provide the best experience for you and we’re happy to see that it was reflected.

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    Customer ServiceStaffLoan ProcessRates

    Reviewed March 12, 2020

    I wanted to have some cash on hand if I would need it and I was looking online about reverse mortgages. American Advisors Group was the first one that called me back and they talked me into signing up. The loan officer I dealt with answered my questions and explained lots of things to me. I looked all this stuff up online before I even went looking for it and I knew most of the stuff already, but he seemed to be a good guy. He communicated by email or phone and got me the 4.5 interest rate. That's good but I don't like that it’s an adjustable-rate and it says on paper that it could go up to 9.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Donald, thank you for taking the time to leave a review. We’re always looking for areas where we’d be able to improve, so your feedback is greatly appreciated. We strive to provide the best experience for you and we’re happy to see that it was reflected.

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    Customer ServicePunctuality & SpeedStaffRates

    Reviewed March 11, 2020

    AAG's and other companies' proposals were about the same but I saw some ratings online that AAG was ranked a little higher. When I called, I’ve been able to get their rep. I’ve received the paperwork and done the things. The lady came to sign the papers. I’m waiting on a call for the appraiser to come out.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Norman, thanks for your feedback. We are so happy to hear that you had a great experience working us. We strive to provide the best experience for our customers and appreciate your patience through this process.

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    Customer ServiceStaff

    Reviewed March 10, 2020

    We needed or wanted a little bit of extra cash, and a reverse mortgage seemed like a good way for us to go. We did an interview over the phone with American Advisors Group and they answered our questions completely. The rep explained things we didn't think of. We spoke with George and his interaction was great. He was knowledgeable and he spent as much time as he needed to answer whatever questions we had. When discussing our retirement options, AAG’s reps were thorough as far as them explaining them and how to go about other options if we wanted to go a different route instead of a reverse mortgage. The whole experience was great.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Karen, thank you for your positive review! We strive to provide the best experience for you and we’re happy to see that it was reflected.

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    StaffLoan Process

    Reviewed March 9, 2020

    I had been researching AAG for a while and I knew what to expect and got it. The advisors walked me through everything and kept me in touch with everything. The loan officer gave me all the information and asked me if I had any questions and answered everything I had. It was a good experience. If reverse mortgage fits, then one should go for it.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Thank you Kenny. We appreciate your feedback and glad to hear that you had a great experience.

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    StaffHonesty & Transparency

    Reviewed March 8, 2020

    The AAG rep promised me the best deal and I found out that I can get three times what he offered me. I don't like being lied to. He was full of crap. "Oh, I'm on your side and we're in this together. I'm your partner," and all these baloney. It was just too much. He told me, "This is the best deal you're gonna get. I tried,” like a used car salesman or whatever. "Well, I talked to my financial group" or whoever he talked to. "I got them to give you this deal." It was just so full of it. But I got a good education and I have something to compare it with. Now, I have somebody that I trust and it definitely is for my benefit because I'm going to get three times the amount. I was very disappointed. I know Tom Selleck is not actually selling the product. He's just a spokesperson. But people trust him, especially older people that remember him and think, "Oh, Tom Selleck." They were smart to do that but I'm not that dumb.

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    Sales & MarketingPriceStaffLoan Process

    Reviewed March 4, 2020

    I've watched the Tom Selleck ads on TV but I didn’t contact American Advisors Group until I saw it on Facebook. I came to a point where I had some unexpected large expenditures and rather than increase my home equity loan, it seemed like it was time for a reverse mortgage. I feel good about my decision and I'm looking forward to closing so that I can get on with life. Anthony, the rep, was great. He was always easy to reach, he explained everything thoroughly and he was very helpful. I tried through my credit union to get information about getting that reverse mortgage with them, and they were not as helpful and they were more difficult to reach. Whereas, Anthony was there all the time I needed him.

    There were more costs than I expected there to be, but AAG is still better than being tied to a home equity line of credit that would take me years and years to pay off. I wanted to get rid of that financial stress. I don’t have any heirs to speak of, just nephews and nieces, and so using the equity of my home instead of scrimping and saving and praying it'll last till the pay date next payday seemed like it was time to go that way.

    Anthony reassured me though that they would never sell the mortgage and that they would service it until I passed and yet, I just signed some documents yesterday, and one of them was that there was a possibility that they would sell the mortgage. So, that made me unhappy. Also, they’re using the title company that is owned 49% by the president of AAG, so I wasn’t sure I liked that because I don’t know if he would be likely to charge more than a local title company would. Even though I won’t be paying the cost because that would just be added to the principal loan amount, still, it means that I will have less equity if I ever sell the home or because I need to move somewhere else for my health. I would see until the loan closes and I'll find out whether or not it still goes as smoothly as it has been going.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Carol, thank you for your positive review. We strive to provide the best experience for you and we’re happy to see that it was reflected.

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    MaintenanceStaff

    Reviewed March 3, 2020

    We started fixing the home before the situation came up. We have a new roof, new siding, and a new deck. We've got a carport and we're putting on a wall so that it can give us a little bit more protection for the cars and what's inside. May turn it into a garage. We put a lot into it, but it was the income tax that I had to pay that hurt me, which was $41,000. So I thought, "Uh-oh, I need to stop." I still got my Social Security coming through, but it's low. And they have to change that because they tapped it according to what I got from my company for retiring. Well, all that retirement has gone to pay and I was going to have a cushion, until 41,000 hit me.

    I had a friend actually who had gone and done a reverse mortgage and he kept bugging me about it. Finally, I said, "You know what, I think I need it." So that's when I decided to do it. I did some research before I talked to AAG, and I wanted to make sure and go through it. I found it to be the best resolve for me. So I contacted AAG and Robert was the person I got. He has been absolutely great. He's easy to get ahold of, gave me all the answers and was thorough about it. I needed that, so that helped. He didn't push me in anything. He was very polite and told me things that I didn't know. If I didn't know what that thing was or what it was I thought I knew or I didn't know, he just made sure I understood.

    I've gone through the counseling and signing the papers. The appraiser is coming tomorrow and then we'll do the final papers. I got something from my mortgage company and they're trying now to get me to go with them, but I'm not going to, because I don't want to go back into that situation. But the current balance has gone down, so that's good.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Janice, thank you for taking the time to leave us a review. We are so happy to hear that you had such a great experience.

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    Staff

    Reviewed March 2, 2020

    I looked up some reviews and AAG had good ones. I got started with them and we’re going through some of the process. Until I get my house appraised and know what the actual numbers are, I’m not gonna make a decision. But so far, it’s been great. The rep seemed to know what he’s doing. He has answered every question I’ve asked him. He’s done well and I like him a lot. AAG has done everything they said they’d do so far.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Leonard, thank you for your positive review! We strive to provide the best experience for you and we’re happy to see that it was reflected.

    Customer ServicePunctuality & SpeedStaff

    Reviewed March 1, 2020

    From start to finish, the total experience was not bad at all. Maureen ** was a dream to work with, she was knowledgeable, quick to answer questions, explain each step along the way, never seemed to mind explaining questions she must be asked 100 times a day. She had so much patience, never seemed rushed or dismissive when I called. She is a fabulous asset for AAG. I didn't know what to expect but, I was pleasantly surprised at how smooth the whole process was.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Cecelia, thank you for taking the time to leave us a positive review. We strive to provide the best experience for our customers.

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    PriceStaffBillingLoan ProcessRates

    Reviewed March 1, 2020

    Due to my wife's illnesses, we just can't make her mortgage payments on our Social Security. Our AAG loan officer seems to be doing really good. She's there when I need her and she seems to be conscientious and doing a good job. We looked at our equity mortgage earlier and the rate is less than the other rate we were quoted. It looks like a good rate. Everything's going fine with the American Advisors Group. We're not through with the whole process yet but they seem to be doing acceptable.

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    American Advisors Group (AAG)
    Response from American Advisors Group (AAG)

    Jack, thank you for your taking the time to leave us positive feedback. We strive to provide the best experience for you and we’re happy to see that it was reflected.

    Coverage

    Reviewed Feb. 8, 2020

    THIS COMPANY DOES CREDIT CHECKS!!! Seniors need to shop around for Reverse Mortgage even if you have plenty of equity. I was turned down because of poor FICO score. I told them I was selling the house this year but that didn't matter. They set aside a portion of the equity for property taxes & insurance to cover the length of time they assume you'll be living in the house (approx. 15 yrs). You don't get the total equity in your bank account.

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    Customer ServicePunctuality & SpeedStaffRates

    Reviewed Jan. 21, 2020

    I was looking at social security benefits, and seeing that AAG had a very good rating, I called them up and inquired. They answered all the questions I needed to know. It’s just a matter of waiting for things to happen. Michelle is very diligent and helpful. She's an excellent person and if we ever meet personally, I know that I would enjoy her presence. We had a lot of things in common. Overall, it has been a very good experience.

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    Customer ServiceCoverageStaff

    Reviewed Jan. 19, 2020

    My daughter, Lisa, who was the deciding person was very active into finding out about reverse mortgage. She got so much information going and then had a reverse mortgage person come over here. One lady from American Advisors Group was here and it was a good experience. She was so nice. She went over everything with us. We went everything by phone the week before that, and they covered a lot of things. They had a lot of things going that might be of some advantage to us. So far, that's where we're at. We'll see what happens especially with the reverse mortgage. We have a lot of time.

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    Customer ServiceStaff

    Reviewed Jan. 18, 2020

    I'm in the middle of working with AAG on a reverse mortgage and Michael has been very thorough and on top of everything. He's a warm, friendly and outgoing guy. He's a couple of years older than me, so I think we kinda see the world the same way. Any time I had a question, I could just pick up the phone and give him a call, and he was either right there or he got back to me right away. We haven’t gone through the final stages yet but I'm expecting a lady who’s coming to do the evaluation on the house. And they’ve made it very convenient for me. The paperwork was all brought to me by a notary. So, I haven’t had to go out of my way to do anything. They’ve done an excellent job so far.

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    Customer ServiceStaff

    Reviewed Jan. 16, 2020

    The communication has been very good. I’m working with a young man and he's been terrific, although I haven’t heard from him for a while. I don’t know what the bottom line is yet. But we’re kind of in limbo with regards to the appraisal. Other than that, he’s been spot-on. He follows up with me and he answers any questions. I’m very impressed with him. I wanted to get a reverse mortgage to have cash available in the event of an emergency such as a new furnace, HVAC or roof. Those are things that I know are pretty old in my house. I’m older. I have 95% equity in my house and I’m single. I don't want to tweak my retirement but whatever I’m allocated with AAG, it’ll be money there. I would only use it on an as-needed basis for a handful of things.

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    StaffLoan ProcessRates

    Reviewed Jan. 14, 2020

    I did a research how American Advisors Group (AAG) was rated in general and I went with them. The loan originator was informative. She told me everything that I needed to know and if I had any questions, she answered them. I would use her again.

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    American Advisors Group (AAG) Company Information

    Company Name:
    American Advisors Group
    Company Type:
    Private
    Year Founded:
    2004
    Address:
    3800 W. Chapman Avenue
    City:
    Orange
    State/Province:
    CA
    Postal Code:
    92868
    Country:
    United States
    Website:
    www.aag.com