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

(223)

Informative & Professional I worked with Larry McAnarney and he was very informative and professional. Everything went smoothly with the reverse mortgage and I was very pleased with the transaction.

Mark G — Mar 27, 2019

Power of Attorney Larry McAnarney was very helpful with my reverse mortgage application and execution. I had a situation where my wife couldnt sign, so I had to use a power of attorney. Larry was very understanding and helpful throughout the process.

Al & Linda M — Aug 7, 2019

I absolutely give you a 5+ star review in the processing of my reverse mortgage. You were very helpful in making sure I understood everything. Thanks Larry

Pam B — Jan 25, 2025