Larry McAnarney
815-703-4745

What is a Home Equity Conversion Mortgage (HECM)?

A HECM is a reverse mortgage loan that's insured by the Federal Housing Administration (FHA).

Verified Reviews

(214)

Larry is Very Professional Larry is very Professional, Knowledgeable and highly organized. He handled the entire process to our complete satisfaction. We would definitely recommend him to our family and friends.

Mike & Marie H — Dec 23, 2019

Larry set reasonable expectations Larry was accessible and helpful throughout the HECM process. He set reasonable expectations at the outset and met them throughout.

Ian & Andrea E — Aug 22, 2022

Worked well for us! My wife and I had been discussing reverse mortgage for some time. We had heard all the pros and cons of doing this type of mortgage and the pros won out. We have a house that was built in 1976 and we have been in it since 1991. We have really done no updates on it and it was really needing some remodeling. We were just not able to afford all the stuff that it needed. We could not find anyone in our area that did reverse mortgage so I got on the internet and did some searches. A few days later I got a call from Larry McAnarney. I told Larry that I came from the "old school" and was use to doing business face to face, but since he was in Illinois and we were in Texas it made it a little difficult. However, to make a long story short, Larry explained everything to our satisfaction and we started the process. We had to go to a counseling session so that we understood the process. After that it was pretty simple. Thanks to Larry McAnarney.

Joe G — Apr 14, 2015