How can I receive the funds from a reverse mortgage?

You have a number of choices for how you receive your funds:

  • Lump sum
  • Monthly advances (either for a fixed length of time, or as long as you live in the home)
  • Line of credit (take funds when you need them) — this has become the most popular option
  • Or a combination of the above

Verified Reviews

(229)

Great Support Larry helped my mother - - and the rest of our family - - understand the nuances of the reverse mortgage process. I personally had lots of questions for him and he always followed-up quickly with clear answers and details. We would highly recommend Larry if a reverse mortgage is right for your family as it was for ours.    

Paul M — Apr 9, 2020

We Were Fortunate to Work with Larry We were fortunate to work with Larry McAnarney and to have his experience which we appreciated. We rate his help and knowledge making our application and signing a top rating. If that is a 5-star and the highest rating, we submit that.

Wayne & Connie H — Jan 12, 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

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