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 was great. He came out to my mom's house to help us with her reverse mortgage. Got the note secured in a matter of weeks. Thanks!        

Reed H — Jun 2, 2025

Patience & Professionalism Larry helped us through every step of the process with patience and professionalism. He answered all our questions. In addition, Larry is very kind and understanding. We are so happy that he was recommended to us by our nephew and financial advisor.      

Tom & Jean C — Sep 26, 2018

Without Any Trouble Larry walked me through everything without any trouble.      

Dru & Carroll L — Jun 29, 2024

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