Larry McAnarney
815-703-4745

Will I be taxed on my reverse mortgage proceeds?

Typically, reverse mortgage loan funds are not subject to income tax. Contact your tax advisor for additional details.

Verified Reviews

(197)

Obtaining a Reverse Mortgage Larry McAnarney made the process of obtaining a reverse mortgage easy, with as little stress as possible. The only knowledge I had of reverse mortgages was negative, and it was something I wanted to avoid, but it was the only way we could stay in the home we had lived in for almost 40 years. If you have no other choice, I would highly recommend that you contact Larry to get you that information you need to get the process started.

Richard L — Mar 30, 2015

Larry is Extremely Professional Larry was extremely professional. He was able to answer all questions -- very knowledgeable and patient. I would highly recommend Larry to anyone considering a reverse mortgage

John L — Dec 27, 2019

Smooth Closing No rework, smooth closing. We were very happy. .

Stew & Susan C — Mar 22, 2023