Reverse Mortgage Financing

Welcome to my Reverse Mortgage Financing Information Center

It gives me great satisfaction to show people how an FHA-insured* loan option could help you live with more financial flexibility and peace of mind. Designed specifically for homeowners and homebuyers age 62 and older, it could help you:

  •  Consolidate auto loans and high-interest credit card debt, and reduce your bills
  •  Improve monthly cash flow
  •  Establish a standby line of credit you can tap into as needed
  •  Gain payment flexibility, for more financial control
  •  Fund large purchases like a new automobile
  •  Assist a grandchild headed off to college
  •  Fund major home renovation projects
  •  Buy a home that better suits you

A Fresh Perspective on Financing

Most Americans looking for some sort of financing seek “traditional” tools like mortgages, home equity loans, personal loans, car loans and credit cards. But — if you’re 62 or older, you have access to special financing that can better suit your needs now and in the future: It’s called a Home Equity Conversion Mortgage (HECM).

Whether you’re retired, about to retire, working part-time or still working — this is a versatile tool to help you retire smart! You can better manage your monthly cash flow with its unique flexible payment feature; set up a “standby” line of credit to help fund unforeseen expenses; and/or consolidate debts such as high-interest credit cards, car loans and personal loans into one loan that reduces your monthly bills.

Call me today and see why HECMs are a loan for life.

Larry McAnarney, HECM Loan Specialist

Larry McAnarney

HECM Loan Specialist

NMLS# 21059 | 815-703-4745

Verified Reviews

(219)

We were really unsure about doing a reverse mortgage We were really unsure about doing this type of loan, but Larry helped us through it and even though it seemed to take a long time, because of all the paperwork and the need for looking up files for them. But Larry kept us informed all along the way and assured us we were doing things correctly! Thanks, Larry, for all your help!

Erwin & Sharon H — Jul 14, 2022

Larry Deserves 10 stars! Larry is the best - deserves 10 stars!    

Jim H — Jun 9, 2020

Working With Larry Was Great Working with Larry was great. He is kind and patient. He encouraged questions and was patient with me and my mom. I went through four different mortgage companies, and chose Larry because of his genuine interest in my moms case    

Nancy S — Nov 4, 2020

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