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)

Larry is a Nice Man Larry is a very nice man, answered all our questions. Everything went great.

Joyce S. — Jan 17, 2019

Larry did an Excellent Job Larry did an excellent job of keeping our loan moving forward during a very difficult loan transaction.

Ed K — Aug 19, 2021

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