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American Fidelity Mortgage Services, Reverse Division
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American Fidelity Mortgage Services, Reverse Division's posts

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HECM for Purchase HQ.  We are know in the Real Estate Industry as an outstanding purchase company for Conventional, FHA and now HECM for Purchase.  

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American Fidelity is the number 1 local company in IL, IN and WI to assist you with your HECM loans. Our expertise is unparalleled.

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RIP Fred Thompson spokesman for AAG and essentially the trusted face of the HECM program. The commercials have brought the information into the living rooms of qualified persons daily and that raised the awareness and image immensely.

AAG statement on the Loss of Fred Thompson to cancer:
The reverse mortgage industry lost a beloved advocate this weekend with the passing of Fred Thompson, who died Sunday following a recurrence of lymphoma, according to a statement issued by his family. He was 73.
Renown within the reverse mortgage world as the spokesman for American Advisors Group (AAG), the former U.S. Senator had become the familiar face of the reverse mortgage product, appearing in many TV spots for the company, describing to the viewers at home in his congenial Tennessean drawl how they can use their home equity to provide for a secure, comfortable retirement.
Thompson, whose illustrious career also spanned a presidential run, a 30-year film career and a recurring role in Law & Order, among many other TV roles, began his time with AAG in 2010. But while Thompson’s advertising campaigns with the company have appeared on many national TV networks, his contributions to AAG—and the reverse mortgage industry—were so much more.
“He was a tireless industry supporter,” AAG said in a statement issued Sunday evening. “He advised and advocated for policy changes that made reverse mortgage loans a more viable financial planning solution for seniors.”
An outspoken advocate for the product and the industry, Thompson drew from personal experience after seeing how his mother’s life improved with a reverse mortgage.
“We are incredibly proud to have worked alongside such an accomplished man with a remarkable breadth of work,” AAG stated. “Fred imparted credibility, in-depth knowledge and genuine commitment to making a difference in the lives of others. With deep respect and gratitude, AAG will continue to carry out our shared mission of helping American seniors live better in retirement.”
“Fred was a mentor to me and I admired him for his selfless commitment to helping others,” said AAG Chief Executive Officer Reza Jahangiri in a written statement. “He touched my life, like so many others, and will be deeply missed. On behalf of AAG, our thoughts are with Fred’s wife, Jeri, and his entire family.”

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This new YouTube video is promoted around the entire Chicago MSA.  We are also offering up to $500.00 on an appraisal reimbursement program.  

https://youtu.be/fdOBcS9weCM

Not likely to happen too many more times with the new Financial Assessment but we just paid off someone's foreclosure again.  Threw out a lifeline to a person who didn't have to pass FA but his situation looks sustainable now.  

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Great presentation planned tomorrow at Del Webb's Sun City in Huntley, IL.  
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American Fidelity Reverse Division has helped numerous people with the intelligent use of home equity to secure retirement. We'll be publishing an article in the 50+ section of the Daily Herald outlining the "Local Faces of the HECM program." The story will review different uses of the Reverse and how we were able to educate people on how to best utilize a Home Equity Conversion Mortgage to complement the financial plan.

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FINRA Financial Regulatory Authority has posted a podcast on Reverse Mortgages to clarify some items for consumers. Our approach to educate our clients and eliminate the confusing aspects of the program has been very successful. Understanding how this works and what it can do makes it more likely that someone will get a Reverse Mortgage. It is a very powerful financial tool to add to retirement.

http://www.finra.org/investors/podcasts/reverse-mortgages-are-not-free-money
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