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HUD also regulates the amount of money that can be withdrawn during the first year of your reverse mortgage.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

(219)

Larry Was Always Available and Patient Larry was always available, patient, knowledgeable, no problem talking to my children and answering their questions, explained and provided me with enough information that made me feel secure in my decision to have him handle my reverse mortgage. .

Susan G — May 11, 2023

Pleased with the service I want to let you know I am very pleased with the service I received from Larry McAnarney. He was very polite and answered fully any questions I had. I am really happy I got to do business with him.

Gerry E — Jun 21, 2016

Larry Organized Everything After we decided to do a reverse mortgage and some long searching, we found Larry McAnarney. We called Larry and he responded quickly and came to our house, answered all questions we had, that was it, Larry took over from there organizing everything. For us it took a very short time from 1st visit to closing. If you are looking to do a Reverse Mortgage, call Larry McAnarney first.      

Geaorge & Angela M — Mar 27, 2019

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