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)
Very Easy Process Larry made this process easy from start to finish. Was always available with any questions that came up. Even after closing! I would not hesitate to recommend a reverse mortgage to any senior and Larry to help thru the process. Thank You Larry! I am grateful.
Carol B — Jan 29, 2016
Rated 5/5 | 229 Reviews
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
Rated 5/5 | 229 Reviews
Excellent Source of Information Larry was an excellent source of information for a reverse mortgage and made my husband and myself comfortable that this product was the correct one for us.
