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

(216)

This Has Been a Great Tool for Us Larry did a great job explaining the reverse mortgage process to my family. This has been a great tool for us. I highly recommend Larry for your reverse mortgage needs Brian V

Brian V — Oct 12, 2016

It Was Great It was great .

Megan W — Jun 29, 2023

Helpful & Professional I appreciate how helpful and how professional my needs were met. The process was carried out in a timely manner, and when I needed to question anything, I was answered promptly. I am extremely pleased, thank you Larry, I would recommend you to anyone who is in need of this service. .

Stephanie J — Mar 7, 2023