American Advisors Group

330 E. Roosevelt Rd
Suite 100
Lombard, IL 60148
(773) 575-8258
Stephan Rooney

Steve has been a Chicago area mortgage consultant for more than 20 years. Since 2012 he has concentrated exclusively in Reverse Mortgages. Steve chose this specialty because of the great, often transformative, effect a Reverse Mortgage can have for senior homeowners. He consults with consumers, financial advisors, estate and elder law attorneys, seniors organizations, community groups and home health care providers.

The modern reverse mortgage has numerous beneficial uses all focused on Retiring Better: 

  • Make home improvements or modifications to age in place
  • Pay for health care/long term care insurance
  • Cover the cost of in-home care, whether medical or non-medical
  • Purchase a new home to upsize/downsize more conducive to aging in place
  • Establish an equity line for emergencies
  • Access additional income
  • Pay off an existing mortgage
  • Pay monthly bills