Benefits of a Reverse Mortgage

For many homeowners age 62 and over, a Home Equity Conversion Mortgage (HECM), or reverse mortgage, could be the most effective way to turn the equity you have in your home into funds you can use. Take a look at these benefits:

  • You continue to live in and own the home, as long as one borrower continues to occupy the home as their primary residence; keeps up with costs associated with home maintenance; and stays current on paying property taxes, required homeowner's insurance and any homeowner's association fees.
  • You can use the funds for many purposes, such as meeting short-term financial goals, maintaining a quality lifestyle, preparing for a more rewarding retirement, paying unexpected medical bills, upgrading appliances, or funding home renovations.

 

 

Verified Reviews

(55)

Reverse Mortgage through Larry McAnanery Larry made the whole process so easy and easy to understand. He answered all of our questions and let us know everything that was going on. He was even at our closing I would DEFINITELY recommend him to friends and family

Susan K — Aug 12, 2014

Reverse Mortgage Experience Excellent service! We were lucky to deal with Larry McAnarney who with his know-how and involvement helped us through a very difficult time. He went above and beyond his responsibilities to help us in the reverse mortgage world. Thanks!

Thomas & Denise C — May 14, 2014

Fantastic at What He Does I think that Larry McAnarney is fantastic at what he does and wonderful person in and out. I don’t know what I would have done without his help. I would recommend him to anyone looking for reverse mortgage  information.      

Dolores P — Mar 13, 2017

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This material has not been reviewed, approved or issued by HUD, FHA or any government agency. The company is not affiliated with or acting on behalf of or at the direction of HUD/FHA or any other government agency.

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Illinois Residential Mortgage Licensee; Arizona Mortgage Banker License #0935256: Georgia Residential Mortgage Licensee No. 36793; Originator License No. 40299; Kansas Originator License LO.0001032; Licensed by the New Jersey Department of Banking and Insurance; Texas Mortgage Banker Registration in-state branch office 6044 Gateway East, Suite 236, El Paso, TX 79905(branch NMLS 1244676) RMF is not licensed or registered to engage in mortgage loan origination activities in Hawaii or New York.