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

(229)

Quick to Respond to Any Inquiry Larry was on point from our very first conversation, I told him what we were looking to get done and he gave us options as well as explaining the process. He was quick to respond to any inquiry and most importantly was always transparent with both the pros and cons of the loan we wanted. A kind individual who listens to his customer and helps with whatever he can. Larry is an asset to organization and would not hesitate to use as well as recommend him in the future.

Carlos R — Apr 23, 2024

Great Support Larry helped my mother - - and the rest of our family - - understand the nuances of the reverse mortgage process. I personally had lots of questions for him and he always followed-up quickly with clear answers and details. We would highly recommend Larry if a reverse mortgage is right for your family as it was for ours.

Paul M — Apr 9, 2020

Reverse Mortgage Purchase Program Larry was a great help in helping my mother purchase her new home using the reverse mortgage purchase program. Part of my mother's income comes from French pensions and needed additional verification/proof which was not easy - but Larry was readily available to help simplify the process and explain the details. I would definitely recommend using Larry for anyone looking into getting a reverse mortgage. He is straightforward and trustworthy. Thanks again!

Olivier D — Mar 14, 2018