Georgia Reverse Mortgage Information

Georgia Reverse Mortgage Information

Unlock Your Home's Equity: Georgia Reverse Mortgage Information

Welcome to Mutual of Omaha Reverse Mortgage in Georgia, your trusted resource for comprehensive information on reverse mortgages in the Peach State. If you're a homeowner aged 62 or older in Georgia, including Atlanta, Augusta, Savannah, Smyrna, Macon, or anywhere in Georgia, discover how you can leverage your home equity to achieve financial security and peace of mind in retirement.

Meet Larry McAnarney: Your Trusted Reverse Mortgage Expert

Larry McAnarney, HECM Loan Specialist

Larry McAnarney

HECM Loan Specialist

NMLS# 21059 | 815-703-4745

Larry has been a distinguished leader in the reverse mortgage industry since 1998, helping homeowners across Georgia navigate the complexities of reverse mortgages. As a Certified Senior Advisor (CSA) and member of the National Reverse Mortgage Lenders Association (NRMLA), Larry brings unparalleled expertise and dedication to every client he serves.

Why Choose Larry McAnarney?

Larry's extensive knowledge and deep understanding of the reverse mortgage landscape make him a trusted advisor for Georgia homeowners seeking to unlock the potential of their home equity. Whether you're looking to supplement your retirement income, fund healthcare expenses, or pursue your dream retirement, Larry is committed to providing personalized guidance and support tailored to your unique financial goals.

Your Path to Financial Freedom Starts Here

Explore our comprehensive resources on reverse mortgages in Georgia, curated by Larry and his team of experienced reverse mortgage specialists. From informative guides and articles to personalized consultations, we're here to help you make informed decisions about your home equity and secure your financial future.

Get Started Today

Ready to take the next step towards financial freedom? Contact Larry McAnarney at 815-703-4745 to schedule a consultation. Discover how a reverse mortgage can empower you to enjoy retirement on your terms, with confidence and peace of mind.

Experience Larry McAnarney's Expertise

Trust Larry to guide you through the reverse mortgage process with integrity, professionalism, and a commitment to excellence. Take advantage of Larry's wealth of experience and discover the possibilities of a reverse mortgage in Georgia today.

Get a Quote Today

Verified Reviews

(229)

Larry is an Asset to the Company I had been thinking about a Reverse Mortgage for some time but was hesitant to take the first step. A friend gave me Larry’s name and I decided to talk to him. Larry was helpful, answered questions and made the process easy and efficient. He is an asset to the company, and I would give him a 5-star rating and recommend him to others doing a Reverse Mortgage

Veronica S — Jan 11, 2023

Larry is One of the Best I have always considered myself very comfortable financially. That is until a number of uncontrollable events occurred and most of my remaining retirement assets were in bricks. Fortunately, I met Larry a few years ago and remembered hearing about his experience and knowledge in investments, real estate and the markets in general. Having recently lost my husband I did not want to involve family in personal financial discussions, I called Larry. Larry's patience and experience in clearly explaining my options made him very easy to work with. I never felt rushed to make a decision, even after I was approved and then backed away to look at another lender. He didn't "pester" me. He left me alone to think. I came back because I knew he was looking out for my best interest. I spent my career in sales & marketing and am very familiar with selling a high-end product. Larry is one of the best. He kept the needs of his customer his primary objective. Thanks to Larry I am on my feet again.    

Roberta D — Oct 21, 2021

My Financial Advisor Recommended Larry My financial advisor recommended I contact Larry about reverse mortgage options. I live in a condominium so there were some extra hurdles Larry had to go through to get the association approved. He always stayed in touch with me and answered all my questions. I don’t know what I would have done without Larry and the Reverse Mortgage.

Mary Lou L — Jan 11, 2019

Read More Reviews

Reverse Mortgage Frequently Asked Questions

Yes, refinancing is possible. This option may be to your advantage if your home increases in value, making more funds available.

Read More

A HECM is a reverse mortgage loan that's insured by the Federal Housing Administration (FHA).

Read More

You’ll repay the loan balance, any fees that have been added, and the accrued interest. Homeowners (or their heirs) usually…

Read More

Use the proceeds for the things you need and want. For example: refinancing your existing mortgage(s) to improve cash flow; consolidating…

Read More

The funds from a reverse mortgage generally do not affect regular Social Security or Medicare benefits. However, needs-based benefits, such as Medicaid…

Read More

Reverse mortgages are available with either fixed or variable rates. Borrowers who elect a fixed-rate…

Read More

A reverse mortgage is a home-secured loan that’s exclusively for homeowners and homebuyers age 62 and older. It allows borrowers to convert some of…

Read More

You have a number of choices for how you receive your funds:

  • Lump sum
  • Monthly…
Read More

A reverse mortgage offers certain advantages:

  • With a traditional home equity loan or home equity line of credit, you…
Read More

With the exception of a fee for government-required reverse mortgage counseling, most of the fees associated with a reverse mortgage can be financed…

Read More

The specific amount depends on several factors, including:

  • Your…
Read More

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

Read More

Yes. For many homeowners age 62 and older who are looking to refinance their mortgage(s) or consolidate debt to reduce their monthly bills, a reverse…

Read More

The loan must be paid in full when one of the following occurs:

  •  A “maturity event” —…
Read More

The other borrower continues to own and live in the home — and enjoy all the benefits of their reverse mortgage.

Read More

To be eligible for a reverse mortgage, you’ll need to meet the requirements set by the federal government:

Read More

Yes, with the HECM (Home Equity Conversion Mortgage) for Purchase loan, qualified borrowers can use their loan proceeds…

Read More