Larry McAnarney
815-703-4745

How much money can I get?

The specific amount depends on several factors, including:

Your age
The type of reverse mortgage you select
Current interest rates
Appraised value of your home
Federal Housing Administration (FHA) lending limits

HUD also regulates the amount of money that can be withdrawn during the first year of your reverse mortgage. This is to help preserve your home equity for a longer period of time.

Verified Reviews

(233)

Larry was great at explaining the procedure Larry was great at explaining the procedure. Kept me up to date on what was happening next and answered all my questions quickly. Would recommend him to anyone looking for same solution

Susan G — Jul 16, 2022

I would recommend Larry in a heartbeat Larry took me the whole way through this unchartered land of reverse mortgages with finesse! His professionalism when I asked seemingly ignorant questions was very respectful and considerate. In working with different lenders along this journey, I contacted Larry again after several months and he led me through the rest of the way! I would highly recommend Larry in a heartbeat! Thanks so much for all your help!

Dana F — Aug 17, 2022

Highly Impressed Upon my initial conversation with Larry I was highly impressed along with his credentials. As I continued to work along with him in obtaining all the documentation Larry requested, he came across some huge hurdles regarding my financial situation, but managed to resolve ALL and was able to successfully acquire a reverse mortgage for myself. I cannot thank Mr. McAnarney enough for providing me with a comforting financial lifestyle. Larry truly left me with a lasting and positive impression while accomplishing all that he could for me. Emotionally now, I can see the light at the end of the tunnel. If you are looking to take the next step to financial security and peace of mind, I highly would recommend the very ultimate and polished man in his field, Mr. Larry McAnarney.

Donna G — Apr 4, 2017