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
(224)
Couldn't be Happier Couldn't be happier, Larry is very knowledgeable and helpful. Highly Recommended!!
Paul P — Sep 6, 2018
Rated 5/5 | 224 Reviews
Larry Knows His Business Larry did a great job with follow up when I needed questions answered. Still a little in the fog about how to pull more funds from my account, if I have a need down the road.
Jim D — Jul 17, 2015
Rated 5/5 | 224 Reviews
Always Available and Knowledgeable Always available and knowledgeable. Always had time for any and all the questions I had and never seemed rushed. .