Patrick is a Mortgage Loan Officer with American Advisors Group.
He’s the host of the "Understanding Cash Out and Home Equity Conversion Mortgages for Seniors" radio show in Dallas on 570AM at 1pm Sundays, has a Wharton MBA in finance and has analyzed both Cash-Out and Home Equity Conversion Mortgage loans for many clients and can show you the math to help you decide which is best for you and supplort your decision.
He’s a 33-year business owner who has worked for IBM, Andersen Consulting (Accenture), General Motors, Health Care Now, and several start-up tech companies. Patrick is a 41-year Dallas resident and 36-year Highland Park resident who has been active in Rotary and YMCA.
Please call Patrick so you can discuss your case and he will produce quotes of both types of mortgages to discuss.
Without the burden of a monthly mortgage payment, you can free up cash to cover other important expenses.¹
The loan proceeds are tax-free² and can be used in various ways, like paying health care costs or financing home renovations.
With a reverse mortgage loan, you can afford to stay in the home you love and age in place.³
¹Borrowers must continue to maintain their home, pay property taxes and homeowners insurance, and otherwise comply with all loan terms.
²Consult your tax advisor
³Borrowers could be subject to foreclosure for reasons including failure to maintain the property or to pay taxes and insurance.
There may be times when a homeowner who already has a reverse mortgage wants to refinance the loan.Learn More
Do you own a high-value home and are looking into a reverse mortgage or refinance loan? At AAG, we proudly offer older homeowners the ability to access up to $4 million in loan proceeds from either solution.Learn More
A reverse mortgage purchase or HECM for purchase allows seniors age 62 or older to buy a new home with HECM loan proceeds.Learn More
There are a lot of questions that arise when considering a reverse mortgage. We provide some of the top Q&As and resources as you explore this unique loan.Learn More