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
(216)
Larry was Very Knowledgeable Larry was very knowledgable and helpful...Great customer service! Closing went very smooth..
Dan R — Jan 28, 2020
Rated 5/5 | 216 Reviews
Larry was very patient with us We found doing the reverse mortgage is very stressful. Larry walked us through it all and was very patient with us. Glad we were put in touch with your organization
John & Jean H — Aug 4, 2022
Rated 5/5 | 216 Reviews
It Was a Pleasure to Work with Larry It was a pleasure to work with Larry throughout the reverse mortgage process. He gave simple and thorough explanations to my questions, had endless patience and was always kind and happy to offer wise advice. Thank you Larry!