Larry McAnarney
815-703-4745

Are interest rates fixed or variable?

Reverse mortgages are available with either fixed or variable rates. Borrowers who elect a fixed-rate loan will receive their funds as a single disbursement lump sum. A lump sum disbursement is also available with an adjustable rate. A line of credit and monthly advances have an adjustable rate.

Verified Reviews

(213)

Larry was Very Helpful and Understanding Larry was very helpful throughout the whole thing. He made understanding the terms simple.

Paul L — Jan 11, 2024

Larry is an Asset to the Company I had been thinking about a Reverse Mortgage for some time but was hesitant to take the first step. A friend gave me Larry’s name and I decided to talk to him. Larry was helpful, answered questions and made the process easy and efficient. He is an asset to the company, and I would give him a 5-star rating and recommend him to others doing a Reverse Mortgage

Veronica S — Jan 11, 2023

The Customer Comes First Her I have been very happy with all of my dealings with Larry McAnarney. He has the drive needed to handle all the details in a timely manner but explain the steps and concepts in an easy to understand and gentle, laid back manner. Never a hard sell with Larry. With a plan to close the transaction before the first of the month, Larry kept the momentum going until all was settled with four days to spare. He was available for questions and advice at all times which was very beneficial because of the timetable involved. Professional and engaging. Win-Win-Win.

Valerie D — Jan 30, 2015