Larry McAnarney
815-703-4745

Are interest rates fixed or variable?

Reverse mortgages are available with either fixed or variable rates. Borrowers who elect a fixed-rate loan will receive their funds as a single disbursement lump sum. A lump sum disbursement is also available with an adjustable rate. A line of credit and monthly advances have an adjustable rate.

Verified Reviews

(229)

Overall Rating...Outstanding Presentation by Mr.McAnanarny very thorough and easy to understand.The closing was flawless and Mr. Mc followed up in a very timely manner. Overall rating...outstanding.

Tom G — Jan 7, 2016

Just like your best friend Larry made the whole process as if it was going to your favorite store. No pain he took it out of the process and was so very helpful. We started with a competitive company and the could get their act together we by chance came to Larry wish we would have started with him. Thank you Larry for a job well done.

Simon M. — Nov 26, 2022

You Were There for Us My husband and I are so glad we had you help us with our reverse mortgage. We could not have had a more professional nice person take care of our needs. You helped us above and beyond. You were there for us with all our questions and concerns. We appreciated it very much.Thanks again Harlan and Jennie

Harlan & Jennie S — Jun 27, 2016