Larry McAnarney
815-703-4745

Will a reverse mortgage affect my government benefits?

The funds from a reverse mortgage generally do not affect regular Social Security or Medicare benefits. However, needs-based benefits, such as Medicaid and Supplemental Security Income (SSI), may be impacted. I can provide additional general information, but you should contact a financial professional or government benefits specialist about your particular situation.

Verified Reviews

(229)

Larry Took a Personal Interest Larry took a personal interest in my situation. I felt that he really cared about my needs

Jerry E — Nov 4, 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

Exceptional Mortgage Loan Specialist This is my 3rd reverse mortgage due to real estate values increasing in the area. The entire process was done via phone and email...mostly email. Larry McAnarney was very easy to work with, very professional, very responsive with answers to questions re: the program and/or documents. His answers were short, precise, and clear. The remote process of this reverse mortgage was every bit as easy as the previous loans that were done face to face. I am not sure how the process could have been any easier or smoother. Thank You!! Exceptional Mortgage Loan Specialist

Bruce M — Jan 17, 2022