Larry McAnarney
815-703-4745

What has to be repaid when the loan becomes due?

You’ll repay the loan balance, any fees that have been added, and the accrued interest. Homeowners (or their heirs) usually choose to do this through the sale of the home or other assets. Repaying the loan by refinancing through a conventional mortgage is also an option.

Verified Reviews

(211)

Overall Rating...Outstanding Presentation by Mr.McAnanarny very thorough and easy to understand.The closing was flawless and Mr. Mc followed up in a very timely manner. Overall rating...outstanding.

Tom G — Jan 7, 2016

Reverse Mortgage for Purchase I just wanted to tell you that we were very happy purchasing our home using the reverse mortgage purchase program. Everything worked out perfect. Thanks again Larry

Ed & Rose S — Apr 24, 2018

Larry Went Above and Beyond Larry was very professional, knowledgeable, honest and helpful. No complaints at all. We highly recommend him if you are considering a reverse mortgage. He went above and beyond

Joyce H — Sep 24, 2019