Larry McAnarney
815-703-4745

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

(219)

Was With Us Every Step of the Way Larry was with us every step of the way, simplifying what could have been a complex process, addressing every concern. Larry was very responsive to all our questions. It was as if we were his only client! Thanks, Larry!

Charles & Margaret W — Feb 26, 2022

Reverse Mortgage Review I had many questions and some apprehension about reverse mortgages, but Larry explained everything to me and was very patient with me throughout the whole process. I had contacted other reverse mortgage companies in my research before contacting Larry, and none of them provided the level of professionlism, knowledge, and communication that Larry provided.

Cynthia G — Sep 28, 2022

I'd Recommend Him to a Friend Larry was the best in working with us as a family. He took great care in making sure we knew everything was the best. I'd say he went above and beyond taking us through the process, and whatever question we had, he would answer clearly and thoroughly. Thanks for all you did to help us

Caroline V — Apr 16, 2016