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)

We Were Very Pleased Larry McAnarney was very thorough and responsive as we process our reverse mortgage loan. He was always available when we needed him and very prompt in his responses. He knew his product well and communicated with us in a way we could understand.

John & Tonya M — Jan 25, 2022

Larry is Very Patient: Thank you for your help Larry. You were very patient and reached out to me numerous times to make sure I understood the process      

Candice C — Oct 4, 2025

Scared to Death I am a 67-year-old widow who had found herself all alone in this process and frankly I was scared to death. However, after speaking with Larry he was very understanding in my situation  and worked very hard to explain things to me and to be patient with me and they were truly  compassionate in my journey      

Katherine W — Dec 4, 2025

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