Reverse Mortgage Financing

Welcome to my Reverse Mortgage Financing Information Center

It gives me great satisfaction to show people how an FHA-insured* loan option could help you live with more financial flexibility and peace of mind. Designed specifically for homeowners and homebuyers age 62 and older, it could help you:

  •  Consolidate auto loans and high-interest credit card debt, and reduce your bills
  •  Improve monthly cash flow
  •  Establish a standby line of credit you can tap into as needed
  •  Gain payment flexibility, for more financial control
  •  Fund large purchases like a new automobile
  •  Assist a grandchild headed off to college
  •  Fund major home renovation projects
  •  Buy a home that better suits you

A Fresh Perspective on Financing

Most Americans looking for some sort of financing seek “traditional” tools like mortgages, home equity loans, personal loans, car loans and credit cards. But — if you’re 62 or older, you have access to special financing that can better suit your needs now and in the future: It’s called a Home Equity Conversion Mortgage (HECM).

Whether you’re retired, about to retire, working part-time or still working — this is a versatile tool to help you retire smart! You can better manage your monthly cash flow with its unique flexible payment feature; set up a “standby” line of credit to help fund unforeseen expenses; and/or consolidate debts such as high-interest credit cards, car loans and personal loans into one loan that reduces your monthly bills.

Call me today and see why HECMs are a loan for life.

Larry McAnarney, HECM Loan Specialist

Larry McAnarney

HECM Loan Specialist

NMLS# 21059 | 815-703-4745

Verified Reviews

(211)

Excellence! I am very impressed with the work everyone involved put into my reverse mortgage. I felt fully informed going through this process and every question was answered completely and quickly. I would recommend Larry to anyone who asks about getting a reverse mortgage.

Diane S — Aug 30, 2022

Thank You, Larry! Larry McAnarney is our reverse mortgage loan specialist. He did an excellent job of explaining the reverse mortgage programs, the process, requirements, how the monies would be accessed if approved. He followed up with me multiple times before I made the decision to proceed which I really appreciated. He assisted me in wading through all of the requirements in the application process. He was always available for a question either by email or phone. He was always encouraging and optimistic about our chances for success. He was helpful and very clear as to all the documents I needed to prepare and always allowed me a reasonable amount of time to comply. As our house is in trust there were further "hoops to jump through." Larry truly went above and beyond the call of duty on our behalf with the underwriters. I have no doubt that his extra hard work won the approval of our reverse mortgage. I couldn't recommend him more highly. He has my thanks!

Jacquelyn W — May 6, 2015

Reverse Mortgage Made Easy! From the start, Larry McAnarney was supportive, helpful, patient and explained everything in a way I could understand. He was always responsive to my calls and emails, and made sure that the process stayed on track. It was a real pleasure doing business with Larry, and I recommend him highly -- especially for taking the mysteries out of what could be a confusing and complex process, and just putting your mind at ease.

Laura M — Jul 24, 2015

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