American Advisors Group (AAG), a home equity solutions provider, has partnered with VGM Live At Home, a membership community designed to serve home modification providers and contractors.
The partnership allows VGM’s members to connect customers with AAG to help them understand options for accessing their home equity to fund important home modification projects, the companies said.
“This partnership is a perfect combination of two category leaders focused on the same mission of helping seniors,” said Jesse Allen, AAG executive vice president of alternative distribution. “Our data shows that the pandemic caused an increasing number of American seniors to want to age in the comfort of their home, but only three percent of older Americans have homes that are safe enough to do so. This partnership offers an exciting opportunity to impact in a meaningful way the lives of customers, families, and communities.”
AAG says its products allow seniors to responsibly access their home equity to make home modifications needed to remain in their home long term. The idea for the partnership was born out of the need to help the large population of baby boomers prepare for their later years, the companies said.
“We’re excited to add AAG as a partner and look forward to the value they can provide to our members,” said Jim Greatorex, vice president at VGM Live at Home. “We have seen first-hand how they have impacted the senior community with the financial solutions they have for older Americans and now our associated businesses will have the opportunity to leverage their services to help seniors across the nation.”
In the agreement, VGM Live At Home members will now be able to connect their senior customers directly with AAG loan officers in their local area.