ORANGE, Calif., April 1, 2020 /PRNewswire/ -- In honor of
National Financial Literacy Month, American Advisors Group (AAG),
the leading provider of home equity solutions for retirement, will
be releasing a series of animated educational videos that teach
Americans how to use their home equity as a financial tool to
complement their retirement accounts. AAG will be releasing
information filled videos throughout April along with additional
educational resources and articles regarding financial literacy and
how home equity can be used as a retirement resource. The first
video, titled "Piggy Bank," can be seen here.
"This is the first time AAG has used this type of approach to
share our knowledge of retirement solutions," said AAG Chief
Marketing Officer, Martin Lenoir.
"Especially in uncertain times like these, when the stock market is
down and volatile, education around the use of home equity could be
vital for seniors around the country. These videos will give simple
explanations of reverse mortgage loans, help dispel some of the
myths, and illustrate the different strategies that can help
seniors have a better retirement."
Each video will discuss a variety of reverse mortgage-based
topics with the goal of making the process of accessing home equity
as understandable and approachable as possible—topics include vital
first-step information, different stages of the loan process, and
setting the record straight about some common reverse mortgage
misconceptions. Below are the titles of the five videos in the
order of their scheduled release:
- "Piggy Bank" – What is a Reverse Mortgage?
- "What's Next?" – Understanding the Reverse Mortgage Loan
Process
- "Line of Credit" – How Does a Reverse Mortgage Line of Credit
Work?
- "Myths" – Common Reverse Mortgage Myths Debunked
- "Swiss Army Knife" – Reverse Mortgage Retirement
Strategies
AAG's explainer videos will be released on AAG.com along with
the company's YouTube channel and all company social media
platforms, including AAG's Facebook, LinkedIn and Twitter.
Videos will also be available to AAG's loan officers to help
borrowers better understand the company's products and how they can
benefit one's retirement.
In 2004, the US Senate passed Resolution 316, which officially
recognized April as National Financial Literacy Month. The goal of
National Financial Literacy Month is to highlight the importance of
establishing and maintaining healthy financial habits.
AAG's products and services are focused on helping older
Americans strategically and responsibly utilize their home equity
to supplement their retirement income. AAG offers a variety of
retirement solutions including federally-insured and proprietary
reverse mortgage loans, traditional home refinances, VA loans, and
residential services for home buying and selling.
About AAG
AAG is dedicated to helping older Americans find new ways to fund a
better retirement through the responsible use of home equity. As
the nation's leader in reverse mortgage lending, AAG offers a suite
of home equity solutions — including Home Equity Conversion
Mortgages, traditional and proprietary mortgages, and real estate
services — that are designed to give seniors a better financial
outcome in retirement. AAG is a proud member of the National
Reverse Mortgage Lenders Association (NRMLA). To learn more about
AAG and reverse mortgage loans, please visit the company's website
at www.aag.com.
American Advisors Group, NMLS ID: 9392, 3800 W. Chapman Avenue,
3rd & 7th Floor, Orange, CA 92868
Contact:
Ryan
Whittington
Rwhittington@aag.com
(657) 236-5220
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SOURCE American Advisors Group (AAG)