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

(233)

Larry is Very Knowledgeable and Efficient Larry helped us with our mortgage from start to finish. He Is very knowledgeable, answered our questions, and told us what to expect in the process. Larry was very good at returning our calls when we had any questions. Highly recommend Larry as prior to finding him I did look at other company's and most were local numbers but then finding out they were based out of state and did not know our market like Larry does. Thank You for your service.

Patricia D — Sep 3, 2020

Very Professional from Start to Finish!! With little or no knowledge about the details involved in a reverse mortgage, I set out to find a company I could TRUST to help me make the best decisions on my Moms behalf of receiving a source of a supplemental income. I was referred to Larry McAnarney by a friend. I contacted Larry and he replied to my email in a timely and VERY professional manner. After speaking with him on the phone with my list of questions I felt very confident that this was the person I would be dealing with from here on out. His response time to my calls and emails was beyond excellent when it comes to customer service. I would highly recommend Larry to anyone who is looking into the possibilities of a Reverse Mortgage. I would have given Larry a SIX star rating if I could.... but, a five star will have to do for now.

Alicia F — Feb 20, 2015

Very Smooth Process The whole process went very smoothly.

Richard & Angie M — May 8, 2024