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Report: #1510386

Complaint Review: AAG Reverse Mortgage - Addison TX

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  • Reported By: ROD — COLORADO SPRINGS United States
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  • AAG Reverse Mortgage PO Box 9063 Addison, TX United States

AAG Reverse Mortgage They LOVE to charge you interest -- but don't like giving you your insurance claim money Addison TX

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Made the HUGE mistake of doing a reverse mortgage through AAG. Back in 2018, we had a severe hail storm and my roof was damaged. My insurance company sent me a check with my name - and AAG's name on it. I endorsed the check and sent it to AAG to be endorsed.

I was told that after all work was completed, they would send an inspector out to make sure that it was up to code, and then they would send the money. Well, they sent half. I've had numerous inspectors come out and and approve the work.

They've slowly doled the money out in late 2020 and early 2021. They refuse to release the last few thousand. They've given no reason. You can't reach anyone and they never return calls. 

I have now gone to my lawyer.

This report was posted on Ripoff Report on 07/26/2021 12:50 PM and is a permanent record located here: https://www.ripoffreport.com/report/aag-reverse-mortgage/addison-tx-love-charge-dont-1510386. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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