Founded in 2004, American Advisors Group (AAG) states its mission is to deliver the best financial outcome for seniors with home equity lending solutions. It specializes in traditional home equity conversion mortgages (HECMs, aka reverse mortgages), and proprietary reverse mortgages. Finance of America Reverse’s acquisition of AAG makes it one of the largest reverse mortgage […]
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Fix-and-flip bridge loans offer short-term financing to buy, remodel, and resell properties for a profit. You might use a fix-and-flip loan to cover the costs of renovating, listing, and selling the home. This type of loan can help pay for repairs, but it can come with high interest rates. Plus, most fix-and-flip loans use the […]
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A reverse mortgage is a type of loan for homeowners aged 62 or older, allowing them to access some of their home equity without monthly mortgage payments. The most common repayment method for a reverse mortgage is through the sale of the home. However, there are other repayment options and details to consider when it […]
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A small business loan is a funding option to give business owners the necessary capital to start, maintain, or expand their operations. Unlike personal loans or residential real estate loans designed for consumers, small business loans are tailored to the unique needs of small businesses. Small business loans can be used for many purposes, such […]
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